USAPAReadingNortheast Reading1200 N 9Th St
1200 N 9 Th St, Home with 0 bedrooms, 0 bathrooms and null parking in READING PA | Image 1
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$1,500,000

1200 N 9 Th St, 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 $4,046
Days Active 7
Approx. Age 1964
MLS® Number PABK2060544

Property Address: 

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

Description

Excellent mixed-use investment opportunity at 1200 N 9th Street, Reading, PA. This expansive industrial complex features 66 total rental units, including a diverse mix of self-storage, commercial, office, shop, and parking spaces. Supported by electric, water, and sewer utilities, the site offers flexible zoning and layout configurations suitable for a wide variety of tenants. The property currently generates $109, 711 in annual income with a net operating income (NOI) of $89, 385.34, reflecting a 6% CAP rate. With strategic lease-up and operational improvements, pro forma income is projected at $150, 000 with NOI increasing to $120, 000, resulting in an 8% pro forma CAP rate. The scale, tenant diversity, and strong infrastructure make this a standout opportunity for investors targeting stable income with room for upside in the Reading market. 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® NumberPABK2060544
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1964
Stories1
Pets
Corp Number

Included in Maintenance Fee

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

Utilities

HeatNone, Natural Gas, Electric
A/CNone
Heating Fuel

Extras

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