Commercial Real Estate Market in Reading, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
270 active listings and 4,242 off-market properties in Reading, PA. Commercial property asks $68/SF to buy and $20.34/SF/Yr to lease.
Market Trends
Reading, PA spans 101.5 square miles in Berks County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Reading, PA runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Reading, PA runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Reading, PA runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Reading, PA asks $109/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 49.3%
- Industrial 24.1%
- Special 18.2%
- Commercial 4.3%
- Mixed use 2.1%
- Civic 2%
Largest Zones share of zoned land by district
Residential District
Manufacturing Commercial District
Preservation District
Residential District
Residential District
Reading, PA zones 6,482 acres across 13 districts. Commercial zoning covers 4.3% of zoned land, residential 49.3% and industrial 24.1%. The largest single district is Residential District at 31.2%. For commercial buyers the practical constraint is that only 28.3% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Reading, PA has 226,664 residents in 90,232 households. Density runs 2,234 people per square mile. Median household income here is $70,748 and median gross rent $1,230 a month.
226,664
Population
90,232
Households
2.5
Avg Household Size
38
Median Age
26%
College-Educated
85%
High-School Grad
101.5 sq mi
ZIP Area
2,234
Density / Sq Mi
$70,748
Median Household Income
$41,524
Median Earnings
$1,230
Median Rent
$190,430
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| West Reading | — | — |
| Laureldale | — | — |
| Spring Valley | — | — |
| Kenhorst | — | — |
Commercial property in Reading, PA asks $68/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Reading?
Commercial property in Reading, PA asks an average of $68 per square foot. The 5 most recent recorded sales traded at a median of $213/SF. Multifamily carries the highest asking price at $109/SF.
How much does it cost to lease commercial space in Reading?
Asking lease rates in Reading, PA average $20.34 per square foot per year.
What zoning applies to commercial property in Reading?
Reading, PA zones 6,482 acres across 13 districts, of which 4.3% is commercial and 24.1% industrial. The largest single district is Residential District at 31.2% of zoned land. Residential zoning covers 49.3% and open space 0%.
Where does Realmo's Reading market data come from?
Realmo compiles Reading, PA figures from 8 recent recorded sales, 152 active sale listings, 118 active lease listings, 4,242 tracked off-market properties, the current Reading zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 152 active for-sale and 118 active for-lease listings in Reading, PA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 6,482 zoned acres across 13 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
