2500 Lancaster Pike Reading, PA 19607-2327
This exceptional investment opportunity presents a 11,139 square foot, single-story retail building situated on a 1.2-acre lot at 2500 Lancaster Pike in Reading, Pennsylvania (zip code 19607). The property boasts a highly visible location in a strong commercial corridor serving the Shillington-Reading market, benefiting from approximately 11,000 vehicles passing daily. The building's prime location ensures excellent accessibility and ample parking. Currently generating a net operating income (NOI) of just over $80,000, this property offers a compelling return on investment. The building is comprised of both retail and residential components, including a 2,150 square foot home. This versatile property is ideal for investors seeking a well-established, income-producing asset in a thriving market. The asking price for this exceptional retail center is $1,500,000. This is a rare opportunity to acquire a substantial retail property with significant upside potential in a high-traffic area. The property's size and location make it an attractive option for a variety of commercial uses.
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 Sale
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.