904 Mulberry St Reading, PA 19604-2304
This exceptional 12,000 square foot industrial property, situated on a 0.15-acre lot at 904 Mulberry Street in Reading, PA, presents a remarkable development opportunity. The building boasts two levels, each approximately 6,000 square feet, offering significant versatility. A key feature is an integrated indoor parking garage capable of accommodating up to eight vehicles. The property's current state allows for extensive renovation and repurposing, making it ideal for a variety of uses. Imagine transforming this space into a lucrative multi-unit residential building, a thriving commercial center, or a highly functional warehouse. The possibilities are vast, allowing for creative design and development to suit specific needs. A newly installed rubber roof ensures long-term durability and reduced maintenance costs. Conceptual designs are available for review, but all proposed modifications are contingent upon obtaining necessary zoning approvals. The asking price is $199,900, and seller financing is available, making this an attractive investment opportunity. This property's prime location in Reading, PA, offers excellent access to local amenities and transportation networks. Don't miss this chance to acquire a property with immense potential for significant return on investment.
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.