1112 Muhlenberg St Reading, PA 19602-2038
This exceptional investment opportunity presents a fully operational car wash and laundromat located at 1112 Muhlenberg St, Reading, PA 19602. The property, situated on a high-traffic corner lot in Berks County, includes the real estate, the established business, and all associated equipment. The laundromat boasts numerous washers and dryers, four vacuum cleaners, and a dedicated attendant. A private parking lot provides ample customer parking. Vending machines are currently in place, offering additional revenue streams. The business enjoys a strong reputation and significant potential for further income growth. The asking price is $1,250,000. This turnkey operation offers a rare chance to acquire a profitable, established business in a desirable location. The sale includes all equipment, ensuring a seamless transition for the new owner. The mixed-use property is classified as Hospitality, Industrial, Mixed Use, and Special Purpose. This is an ideal opportunity for an investor seeking a stable, high-return investment in a thriving industry. The property's prime location and established customer base guarantee a strong foundation for continued success.
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Bubble Room Car Wash
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.