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1170 Perkiomen Ave Reading, PA 19602
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1170 Perkiomen Ave Reading, PA 19602


  • Retail space
  • 1,161 SF
  • 0.17 lot acres
Reading Laundromat Portfolio For Sale
$4,000,000
13,200 SF

Reading Laundromat Portfolio

Four profitable laundromats, real estate included.

1170 Perkiomen Ave, Reading, PA 19602
View Listing
Property ID
US73-2919013
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • The Medicine Shoppe Pharmacy of Reading / Pharmacy
  • The Missing Sock Laundromat / (Bike/Boat/Book/etc) Store

Property Details for 1170 Perkiomen Ave

Year built
1960
Lot size
0.17 lot acres
Property size
1,161 SF
Property type
Retail space
APN
5316-22-19-5699
APU
531622195699

Description

This exceptional investment opportunity presents a portfolio of four thriving laundromats located in Reading, Pennsylvania. The asking price for this package deal is $4,000,000, encompassing all four properties, their respective businesses, and all associated equipment. Each laundromat contributes to a substantial and proven income stream. The combined square footage totals 13,200 square feet, with an average price per square foot of $303.03. Detailed financial information for each individual property is available upon request. While the properties can be purchased separately, a package deal is strongly preferred. The four locations are strategically positioned throughout Reading, at 1112 Muhlenberg St, 1170 Perkiomen Ave, 121 S 5th St, and 1501 N 9th St, all within the 19602 and 19604 zip codes. This turnkey operation offers a rare chance to acquire a well-established and profitable business with significant growth potential. Serious inquiries are encouraged. All offers will be considered.


Value Estimations

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Location Insight

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  • Local Demand
City
Reading
County
Berks
State
Pennsylvania
Longitude
-75.9145
Latitude
40.3337
CBSA code
39740
CBSA name
READING, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$1,914
$38,700
$33,600
$72,300
-
$38,700
$33,600
$72,300
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