Technical
Financial
Distress signals
Property profile

150 5th St Reading, PA 19601

OFF-MARKET
Turn key restaurants
Property ID
US73-0089773
20,416 SF 0.09 ac lot Built 1926
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 11,748 square foot executive office building, located at 150 N 5th St in Reading, Pennsylvania, presents a compelling opportunity for both owner-users and investors. Built in 1926, this Class C property boasts a prime location within the city's central business district, offering significant value-added potential. The building's substantial size allows for diverse uses, making it ideal for a business seeking a prominent downtown presence or an investor looking to capitalize on its redevelopment potential. The asking price is $550,000. Situated in Berks County, with a 19610 zip code, this property offers easy access to major transportation routes and amenities. The address is conveniently located at 150 N 5th St, Reading, PA. This is a rare opportunity to acquire a substantial office space in a thriving urban core, offering flexibility for either retail or office use. The property's central location and considerable square footage make it an attractive proposition for those seeking a significant presence in Reading's downtown area. The building's age presents opportunities for creative renovation and modernization, aligning with current market demands. This is a unique chance to own a piece of Reading's history while shaping its future.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1926
Total area 20,416 SF
Lot 0.09 ac (3,920 SF)
APN 5307-75-71-7340
UPID US73-0089773

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Party Supply Store (Bike/Boat/Book/etc) Store
  • Nail Salon

Location

150 5th St Reading, PA 19601-3402
Reading metro Census 100 READING, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$510k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$510k

Owner & transaction history

since 2026
Last sale
$306,500
3 recorded transactions
2026
$306,500
2005
$326,190
2000
$150,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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