1170 Perkiomen Ave Reading, PA 19602
- Retail space
- 1,161 SF
- 0.17 lot acres
Current Use by Public Records
- The Medicine Shoppe Pharmacy of Reading / Pharmacy
- The Missing Sock Laundromat / Laundromat
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 Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Reading
- County
- Berks
- State
- Pennsylvania
- Longitude
- -75.9145
- Latitude
- 40.3337
- CBSA code
- 39740
- CBSA name
- READING, PA METROPOLITAN STATISTICAL AREA
