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Property profile & analytics
OFF-MARKET Estimated value $525,000
Retail space

1112 Muhlenberg St Reading, PA 19602-2038

4,204 SF 0.35 ac lot Built 1997
Entity Owned ~ Est. High Equity
Property ID
US73-2803307
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1997
Total area 4,204 SF
Lot 0.35 ac (15,246 SF)
APN 5316-30-18-2079
UPID US73-2803307
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Bubble Room Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$655k
Comparable Approach Comparable
by Request
Blend (final) Blend
$525k
Owner & transaction history
Jpm 555 Properties LLC
Jpm 555 Properties LLC
since 2025
Last sale
$600,000
6 recorded transactions
2026
Price N/A
2025
$600,000
2025
Price N/A
2022
$851,000
2014
$480,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $695,000 +384.7%
Office building $420,000 +194.0%
Auto repair, garage $395,000 +175.5%
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