3100 Kutztown Rd Reading, PA 19605-2660
This exceptional commercial property, situated at 3100 Kutztown Road in Reading, Pennsylvania, presents a compelling investment opportunity. The building encompasses 3,395 square feet and sits on a 0.16-acre lot within Muhlenberg Township's C-1 Commercial District. Its strategic location at a traffic-controlled intersection ensures high visibility and accessibility. The property features a two-unit configuration. The ground floor, previously occupied by an accounting firm, offers significant potential for a variety of commercial uses. The upper level comprises a modern, three-bedroom, one-bathroom apartment, recently renovated (within the last three years), complete with a living room, kitchen, and its own independent heating system. The apartment adds a valuable rental income stream to the property. Convenient amenities include a one-car garage and approximately five additional parking spaces. Individual gas and electric meters are installed for each unit, with water and sewer costs passed through to tenants. This property is ideal for business expansion or rental income generation, offering a blend of commercial and residential potential in a desirable location. The property's size, location, and dual-unit structure make it a highly attractive investment.
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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
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
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