1820 11th St Reading, PA 19604
This exceptional 1.17-acre commercial property in Reading, Pennsylvania, presents a compelling investment opportunity. Located in the M-C Manufacturing Commercial District at 1820 11th Street, this site boasts 340 feet of road frontage, ensuring high visibility and accessibility. The property includes a substantial 6,000 square foot two-story garage building, featuring integrated office space and a bathroom, ready for immediate occupancy. This versatile structure is well-suited for a variety of commercial or industrial uses. Annual real estate taxes are $4,254. All essential public utilities are readily available. The property's strategic location offers convenient access to major roadways and infrastructure. Note that an adjacent 6.68-acre lot is also available, and both lots wrap around a Wawa convenience store. An active railspur runs between the two lots, further enhancing the property's logistical advantages. This combination of size, existing improvements, zoning, and location makes this property an ideal choice for businesses seeking expansion or a new location in a thriving commercial area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.