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Financial
Distress signals
Property profile

16 8th St Reading, PA 19601

OFF-MARKET
Retail space
Property ID
US73-1899219
3,240 SF 0.02 ac lot Built 1890
Last sale Jul 2025 · $168,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 3,600 square foot Class B office building, located at 16 N 8th St in Reading, Pennsylvania (APN 08530784904422), presents a unique owner/user opportunity. Built in 1980, this two-story structure sits on a 0.02-acre lot and is zoned C-C Commercial Core. The building's current configuration offers a mixed-use setup, featuring commercial space on the first floor and a three-bedroom rental unit spanning the second and third floors, providing potential for supplemental income. An…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2024$27k
Assessed land$5k
Assessed improvement$21k

Value estimate

· Oct 2026
$270k
$243k – $297k
AI approach$295k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$48/SF
ZIP average, outlier-cleaned · 80 recorded sales of this use type
Observed band · Q1–Q3$23 – $70
Qualifying comparables8

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBERKS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency27.5
Electrical Service12.0
Dental Office11.7

Location

16 8th St Reading, PA 19601
County assessor Recorded deeds · 1 transfer 8 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
539 Ct, Reading, PA 19601-3488 $300,000 Jan 2026 3,848 SF
815 Walnut, Reading, PA 19601-4120 $115,000 Apr 2025 3,104 SF
128 Walnut, Reading, PA 19601-4078 $330,000 Nov 2024 3,916 SF
46 6th, Reading, PA 19601-3523 $520,000 Oct 2024 3,300 SF
821 Elm, Reading, PA 19601-3130 $62,425 Oct 2024 3,402 SF
358 4th, Reading, PA 19601-3217 $300,000 Aug 2024 3,759 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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