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    Property profile & analytics
    OFF-MARKET Estimated value $2,410,000
    Retail space

    90 Commerce Dr, Reading, PA 19610-3313

    26,724 SF 5 ac lot Built 1997
    Entity Owned 10-yr Hold ~ Est. High Equity
    Property ID
    US73-2508342
    Property summary
    AI-generated overview

    Village Square, located at 90 Commerce Drive in Wyomissing, Pennsylvania (zip code 19610), offers exceptional retail leasing opportunities. This established strip center boasts a total of 34,060 square feet, with multiple spaces currently available. The property is conveniently situated in Berks County, offering excellent visibility and accessibility. Individual spaces range from a minimum of 1,170 square feet to a maximum contiguous space of 4,407 square feet, providing flexibility for various retail businesses. A significant 7,047 square feet is currently vacant, presenting a unique chance to establish a presence in this thriving commercial area. The property's "Village Square" name suggests a well-established location with potential for strong foot traffic and brand recognition. The address is easily accessible, and the property's size and layout are ideal for a variety of retail concepts. This is a prime opportunity for businesses seeking a high-visibility location in a desirable Berks County market. The property's location in Wyomissing, Pennsylvania, offers access to a strong consumer base and ample parking. The available spaces provide a range of sizes to accommodate different business needs, making it an attractive option for both established retailers and new ventures. Interested parties are encouraged to inquire about the available spaces and lease terms. This is a rare opportunity to secure retail space in a well-established center in a highly sought-after location.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1997
    Construction FRAME
    Total area 26,724 SF
    Lot 5 ac (217,800 SF)
    APN 4397-13-03-5604
    UPID US73-2508342
    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
    • Duck Donuts Cafe & Coffee Shop
    • BeBalanced Natural Weight Loss Centers Weight Loss Service Health And Beauty Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.61M
    Blend (final) Blend
    $2.41M
    Owner & transaction history
    Wyomissing Retail LP · 10 yrs held
    Wyomissing Retail LP
    since 2016
    4 recorded transactions
    2016
    $6.3M
    2007
    $6.1M
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $3.6M +126.6%
    Auto repair, garage $2.5M +60.3%
    Commercial (general) $1.8M +12.3%
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