USAPAReading364 Blair Ave
364 Blair Ave, Home with 0 bedrooms, 0 bathrooms and null parking in Reading PA | Image 1
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$2,300,000

364 Blair Ave, Reading, PA

Real Estate

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Special Purpose
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $33,836
Days Active 3
Approx. Age 1900
MLS® Number PABK2060566

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

A high-performing, income-producing flagship property comprising 90 total units: 86 self-storage units, 12 tenant parking spaces, and 4 commercial suites (fully occupied). This 1.5-acre site features designated parking for tenants, full utility access (electric, water, sewer), and a stable tenant base with strong retention. The site is optimized for operational efficiency and long-term upside. Current Financials Current Income: $315, 897 Current NOI: $220, 485.54 Current CAP Rate: 9.6% Pro Forma Financials Pro Forma Income: $347, 846 Pro Forma NOI: $260, 884 Pro Forma CAP Rate: 11.3% Additional properties in the portfolio include: 826 Hampden – 17 units 824 Ritter – 13 units 511 Birch – 10 units 340 Locust – 18 units 333 Lombard – 34 units 1536 Haak – 36 units 625 N. 13th – 22 units 1128 Pike – 34 units 1200 N 9th Street – 66 units 306 N 13th Street – 1 unit 1541 Fairview – 8 units 635-R Weiser – 1 unit 521 S 16th Street – 10 units 328 Chestnut – 8 units 1214 Weimer – 10 units 741 Church – 12 units 330 Robeson - 1015 Rose – 96 units 364 Blair – 86 unitsShow Description
MLS® NumberPABK2060566
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1900
Stories2
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatForced Air, Natural Gas
A/CCentral A/C
Heating Fuel

Extras

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