Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR LEASE
    Theaters & concert halls

    3050 N 5Th Street Hwy, Reading, PA 19605

    26,475 SF 51.18 ac lot Built 1980
    Entity Owned Absentee Owner ~ Est. High Equity
    Property ID
    US73-4966515
    Property summary
    AI-generated overview

    This exceptional retail property, located at 3050 N 5th Street Hwy in Reading, Pennsylvania (zip code 19605), presents a significant opportunity for lease or sale. The building, a two-story standalone structure, boasts approximately 99,559 square feet of space, ideal for a single tenant. Its prime location within the Reading retail corridor ensures high visibility and accessibility. The property benefits from ample parking, a crucial element for attracting customers. Its strategic placement adjacent to established businesses such as Boscov's, AMC Theatres, and Planet Fitness further enhances its appeal and potential for success. The building's previous occupant was Burlington, indicating a proven track record of retail viability. This substantial space offers a unique chance to establish a flagship location or expand an existing retail operation in a thriving commercial area. The property is classified as a retail anchor space, signifying its importance and potential influence within the shopping center. Interested parties are encouraged to explore this exceptional opportunity to secure a prominent presence in a high-traffic retail environment. The property's size and location make it an attractive investment for businesses seeking significant retail space in a well-established commercial area.

    Property profile
    Verified
    Property type Theaters & concert halls
    Use group THEATER (MOVIE)
    Year built 1980
    Total area 26,475 SF
    Lot 51.18 ac (2,229,401 SF)
    APN 5308-11-66-7589
    UPID US73-4966515
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Wells Fargo Bank Bank Loan Service
    • Ultimate Smile Dental Office
    • AMC Fairgrounds 10 Cinema Theater & Performing Art Venue
    • Applebee's Grill + Bar Restaurant
    • Planet Fitness Gym & Fitness Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    2400 W Olive LLC
    2400 W Olive LLC
    since 2025
    Last sale
    $2.0M
    2 recorded transactions
    2025
    $2.0M
    2025
    $775,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message