The median home value in Reading, PA is $231,250.
This is
higher than
the county median home value of $190,000.
The national median home value is $308,980.
The average price of homes sold in Reading, PA is $231,250.
Approximately 38% of Reading homes are owned,
compared to 50% rented, while
12% are vacant.
Reading real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Reading real estate agent to arrange a tour
today!
Learn more about Reading Real Estate.
Prime Investment Opportunity - 1101 Chestnut St, Reading, PA 19602. Unlock the potential of this versatile mixed-use commercial property located in the heart of Reading! Positioned on a high-visibility corner lot, 1101 Chestnut Street offers immediate income potential and long-term growth-an ideal opportunity for investors or owner-occupants. First Floor -Commercial Space (Vacant): Spacious and flexible layout, perfect for retail, office, or a service-based business. Features excellent street exposure and high foot traffic, making it an ideal spot for entrepreneurs looking to launch or expand. Second Floor Unit 1: 1 Bedroom, 1 Bathroom - A well-designed layout offering comfort and privacy. Unit 2: Studio Apartment - Cozy and efficient, perfect for a single tenant. Unit 3: 3 Bedrooms, 1 Bathroom - Spacious and versatile, ideal for small families or shared living. Each residential unit has a separate entrance, enhancing convenience and privacy for tenants. With a mix of residential rental income and a vacant commercial space ready for occupancy or leasing, this property delivers solid cash flow potential and flexibility. Dont miss your chance to own a multi-use building in a growing area-schedule your private showing today!
Turn-key restaurant / bar opportunity in Lower Alsace Township located right on Carsonia Avenue for great visibility and easy access for patrons. This sale comes with the ready-to-go building and all its contents, outdoor patio area perfect for seasonal expansion of guest space and off-street parking / private lot for approximately 15 cars. Property is being sold as-is and ready for quick settlement.
***Calling all investors*** Dont miss your opportunity to own a unique property that is ready to produce instant income. This freshly renovated property was once set up for a commercial lower space and potential residential in the upper level. The current owner has framed out the a large open space in the lower level with garage access from the back. This lower level would be perfect for a potential barbershop or show room with a private bathroom and private entrances that is a perfect set up for any potential business. Upstairs youll be pleasantly surprised to find 4 spacious 1 beds each with their own full bathroom. Youll also find a full kitchen, one more additional potential bedroom, and extra storage space. Located in a vibrant historical part of the city this property will be a great additional to any portfolio. Contact us today with any questions.
Open House:
Sunday, 5/4 2:00-4:00PM
**OPEN HOUSE - MAY 4TH, SUNDAY, FROM 2PM TO 4PM** Calling all investors! 9 Unit Residential Victorian Style Apartment Building now available in the heart of the city. Central location makes residential units easy to rent. Excellent cash flow for both new and well experienced savvy investors. Please reach out today for additional details and to schedule your private showing.
Potential uses for this space: Modern Co-Working or Office Space, High End Fitness Center or Gym, Upscale Event Venue, Industrial-Chic Restaurant or Brewery, Art Gallery or Creative Studio and Luxury Auto Showroom.
Nice large corner property with first floor laundromat that needs a little upgrading of some machines with potential to create a positive cash flow once fully operational. There is not another laundromat in the immediate area. Or this space can be used as a store front for your business. There are two 3 bedroom apartments on the second level that are currently rented, one at 750/month and the other at 850/month. There are also 2 garages that could also be rented to generate more cash flow. Great opportunity to buy one, two or all three properties.
Welcome to 346 N 6th St. Looking to expand your portfolio or get started? This property is a great addition. Whether you are a seasoned investor or looking to get started this property is fully occupied and profit generating. On the first floor you will find a commercial space that is currently being utilized as a restaurant. This tenant is on a 10 year lease paying $1500/month and already established to increase yearly. Continue onto the second floor where you will find a 2 bedroom apartment currently rented at $1300/month. On the third floor you will find another apartment. This 1 bedroom apartment is currently rented at $1000. A lot of the work has already been done throughout the property. So you can begin generating profit right away. Contact us to schedule your private showing today.
TURNKEY 5 unit as well as second parcel which is a vacant lot. Property consists of 5 residential units (4) 2 Bedroom unit and (1) 3 bedroom and 1.5 units. Adjacent lot could be transformed in to10-12 additional parking spaces creating more cashflow or added incentives to existing tenants. Electric and gas utility is separately metered and paid for by the tenants. Please note this property can be sold individually or together as a package with any or all of the following properties. 108 S 6th st, 114 S 6th st, 115 S 6th st, and 405 Walnut. Building was gutted and renovated including many upgrades ( please see attached KEY FEATURES sheet) for more details. This multiunit has been well maintained and is fully occupied and ready for new owner to step in and begin collecting rent on day1.
TURNKEY 6 unit just a short walk to incoming train station. Property consists of 5 residential units (3) 2 Bedroom unit and (2) 1 bedroom units ,1st floor commercial space as well as two 26 spaces. Electric and gas utilities are separately metered and paid for by the tenants. Please note this property can be sold individually or together as a package with any or all of the following properties. 108 S 6th st, 115 S 6th st, 39 and 43 S 9th st and 405 walnut. Building has been well maintained and is fully occupied. More photos and details to follow
TURNKEY 5 unit just a short walk to incoming train station. Property consists of 4 residential units (1) 3 Bedroom unit and (3) 1 bedroom units ,1st floor commercial space as well as two parking spaces. Electric utility separately metered and paid for by the tenants. Please note this property can be sold individually or together as a package with any of the following properties. 114 S 6th st, 115 S 6th st, 39 and 43 S 9th st and 405 walnut. Many property upgrades and renovations included in attached documents ( key features) Building has been well maintained and is fully occupied and ready for new owner to start making money on day 1
Former St. Lawrence Borough Hall. this property features 2 floors plus a walk-out lower level. Each of the floors is accessible via elevator. The sale includes the additional land parcel in the rear that provides additional paved parking, bringing the off-street parking to a total of 21 spaces.
Prime 14.65-acre Highway Commercial Property Opportunity Unlock the potential of this 14.65-acre property in Bern Township Berks County, strategically located with dual access points for optimal visibility and convenience-one access along heavily traveled Bernville Road/Route 183 and the other along Old Bernville Road. With Highway Commercial and Limited Industrial zoning, this property offers limitless possibilities for development, including strip malls, apartment complexes, or mixed-use projects. Property Highlights: 3200 SF Stone House: A versatile structure, perfect for office, retail, or residential use. 9800 SF Bank Barn: A spacious structure with character, perfect for repurposing or continued use. 4500 SF Block Building: A functional space ready to accommodate your business needs. Auxiliary Structures: Flexible for supporting various business or development needs. Zoning & Development Potential: 10 Acres: Highway Commercial District - ideal for retail, hospitality, and service businesses. 4.5 Acres: Limited Industrial District - suitable for light manufacturing, warehousing, or mixed-use developments. The propertys dual access points enhance its appeal for high-traffic uses and ensure seamless connectivity for commercial or residential tenants. Currently operating as a successful event venue, it offers flexibility and a proven track record. Take advantage of this high-visibility location and design a project that combines functionality, accessibility, and commercial success. Contact us today to schedule a tour and explore the possibilities! **The property is also being marketed in Bright under Residential Sale MLS # PABK2052230**
Prime Office Space Available at Spring Ridge Corporate Campus! Looking for a prime office location to elevate your business? The Spring Ridge Corporate Campus in Berks County is the perfect place to consider. Offering Suite 201 (4,809 SF featuring 18 rooms, plus foyer and private bath), a spacious and modern office unit located on the 2nd level and elevator access of the 1350 Broadcasting Road building, this unit is available for sale and/or lease ($12/SF NNN). Ready for immediate occupancy! Conveniently located near major roadways (PA 222, 422, 724, 183, 61) and surrounded by shopping centers and residential areas, this location ensures easy access for clients, employees, and owners alike. Ideal set up for offices within the healthcare field with several rooms offering sinks/plumbing. Don't miss the opportunity to secure this prime office space. Request more information or schedule a tour today!
Prime Office Space Available at Spring Ridge Corporate Campus! Looking for a prime office location to elevate your business? The Spring Ridge Corporate Campus in Berks County is the perfect place to consider. Offering two spacious and modern office units located on the 2nd level and elevator access of the 1350 Broadcasting Road building, these units are available for sale and/or lease ($12/SF NNN). Conveniently located near major roadways (PA 222, 422, 724, 183, 61) and surrounded by shopping centers and residential areas, this location ensures easy access for clients, employees, and owners alike. Suite 201: 4,809 SF featuring 18 rooms, plus foyer and private bath-ready for immediate occupancy and easy to show. Suite 203: 2,250 SF with 7 rooms, foyer, and storage area-perfect for a variety of business needs. Ideal set up for offices within the healthcare field with several rooms offering sinks/plumbing. Don't miss the opportunity to secure this prime office space. Request more information or schedule a tour today!
Prime Commercial Investment Opportunity in Reading City This is a fantastic addition to any investment portfolio! Located in the heart of Reading City, this versatile 3-building corner property offers significant potential. The asset includes 12 residential units, 1 commercial space currently operating as a Bodega, and a spacious storage unit that was previously a Laundromat. Tenants cover electric, heat, and hot water, ensuring strong returns for the owner. The storage unit, once a Laundromat, retains its own separate water meter. The landlord is responsible for water, sewer, property taxes, and trash removal. While the property requires some TLC, it offers great upside potential for the right investor. Showings are available to qualified buyers only, ensuring a smooth and efficient transaction. This property presents a rare combination of residential, commercial, and storage spaces in a prime location-dont miss out on this exceptional investment opportunity!
Welcome to 851 Penn Street, a prime investment opportunity in the heart of Reading, PA! This highly profitable, mixed-use property features two units: one residential apartment and one successful commercial space, currently operating as a restaurant and bar. Located just one block from the Santander Arena, this building offers plentiful foot traffic, making it an attractive location for both residents and businesses. The residential unit is a three bedroom one bath, cozy apartment. The ground floor features an Italian restaurant. Included with this sale is the Italian Garden, Six Pack Outlet with Liquor License, DJ equipment and pool table. The building located at 853 Penn Street, for the Italian Garden Six Pack Outlet is not included in this sale. Lease amount for 853 Penn Street is $1,500 with all serious offers. Seller willing to lock in the lease amount at 5 years. This property is an excellent investment opportunity with multiple streams of income. Dont miss out on this opportunity! Contact us today to schedule a private showing.
Welcome to 851 Penn Street, a prime investment opportunity in the heart of Reading, PA! This highly profitable, mixed-use property features two units: one residential apartment and one successful commercial space, currently operating as a restaurant and bar. Located just one block from the Santander Arena, this building offers plentiful foot traffic, making it an attractive location for both residents and businesses. The residential unit is a three bedroom one bath, cozy apartment. The ground floor features an Italian restaurant. Included with this sale is the Italian Garden, Six Pack Outlet with Liquor License, DJ equipment and pool table. The building located at 853 Penn Street, for the Italian Garden Six Pack Outlet is not included in this sale. Lease amount for 853 Penn Street is $1,500 with all serious offers. Seller willing to lock in the lease amount at 5 years. This property is an excellent investment opportunity with multiple streams of income. Dont miss out on this opportunity! Contact us today to schedule a private showing.
Well established Pizza/Sandwich Shop. Primarily focus on delivery with opportunity to develop additional eat-in and take-out business. Business only assets only. Current lease is short term and can be extended if Buyer desires.
We are pleased to present an investment property located at 625-627 Spring Street, Wyomissing, Pennsylvania. This property includes a 22,060 square foot office/medical space and an attached 4,800 SF warehouse on 3.14 acres of land in the Borough of Wyomissing. KPS and FMC have occupied their suites since August of 1996. Recently, both Tenants have extended their leases which shows a strong commitment to the building, and the area for the last 28 + years. The treatment that Fresenius Medical Care provides would be considered an essential need, and both Tenants have a recession-proof business. The current owner would like to sell the property as a leaseback sale.
Pictures/Videos are available upon request! Discover a unique investment opportunity in the heart of Reading, PA that is in need of renovation and modernization! This mixed-use property features a commercial space on the ground floor with 4 residential units above, offering the potential for diverse income streams. Situated in a vibrant neighborhood with high foot traffic, this property benefits from its proximity to local amenities, public transportation, and community services. The ground floor boasts a spacious commercial unit with large storefront windows, that offers excellent visibility and accessibility and can be customized to suit various business needs. With the growing demand for mixed-use properties in the area, this property represents a solid investment opportunity for savvy investors or developers looking to revitalize the space. Dont miss out on this chance to create a thriving community hub in Reading, PA. Bring your vision to life with improvements that can enhance both the commercial and residential spaces.
Here's your chance to step into a fully equipped Pizza & Italian Restaurant with a sterling reputation for top-notch quality and service. This business boasts excellent delivery and online ordering systems, ensuring a seamless customer experience. With solid financials and consistent growth of approximately 10% year over year, there's ample room for expansion. The current setup includes a 30-seat dining area, with potential for physical expansion to accommodate more customers. For less than $180,000, you can take ownership of this flourishing venture. Plus, the current owner is willing to offer hands-on assistance during the transition period, providing invaluable insights and support. NOTE: Owner financing available (Equipment list available upon request)
6 Parcel TURNKEY Investment including 24 units, 2 of which are commercial and 40 Parking spaces. This package brings in 311,000 in gross rents and reflects a net operating income of aprox 240,000 and 7.7% cap rate. With all rents set at market value this package is making money from day 1. THE FOLLOWING ARE INCLUDED: 405 Walnut Street, Reading PA 19601 Tax ID 07-5307-74-71-3483 108 S 6th St Reading PA 19602 Tax ID 04-5306-27-89-3417 114 S 6th St Reading PA 19602 Tax ID 04-5306-27-89-2432 115 S 6th, Reading PA 19602 Tax ID 04-5306-27-89-5444 39 S 9th St 19602 Tax ID 03-5316-21-09-1734 43 S 9th St Reading PA 19602 Tax ID 03-5316-21-09-1702 405 Walnut - 3 units featuring ceramic tile flooring throughout, two large balconys/decks and fenced yard, bathroom tile upgrades in Apt 1 &3, all units pay their own electric (3rd floor electric heat), Landlord pays gas heat for Apt 1 and 2. and water for the Bldg 108 S 6th St - 5 unit mixed use ( 1st fl commercial) New appliances, microwaves, Porcelain Tile Throughout, Ceilings replaced With Drywall, New Double Hung Windows, Bathrooms Updates in, Apt 1,2F, 2R, 3, Cable, Separate Utilities including tenant paid electric heat. (sub panel in each apt), Security Cameras Installed 2021, 2 income producing Parking Spaces (Driveway) MORE DETAILS AND PHOTOS TO FOLLOW!!!
**For Sale: Versatile Commercial Building with Development Potential** Explore a prime opportunity with this solid commercial building, fully approved for use as a school, accommodating **80 students and 30 staff members**. This professionally renovated property features a generous **15,556 sq. ft.** spread across two stories. The **handicap-accessible first floor** covers **7,893 sq. ft.**, while the **second floor** spans **7,663 sq. ft.** Each level has its own designated entrance, allowing for separated use by different tenants, providing flexibility and convenience. Zoned **HM (Heavy Manufacturing)**, this building offers many potential uses. Most recently operated as a special needs school, it could easily be transformed into a charter school, technical or vocational school, special needs facility, or large adult/toddler daycare. The zoning also accommodates manufacturing or industrial processing, banking or financial institutions, colleges/universities, exercise clubs, self-storage facilities, and more. Strategically located just blocks off the exit ramp for **Lancaster Ave. on Route 422**, this property is in close proximity to **Alvernia University**, providing excellent access to regional destinations. It is approximately **2.5 hours from NYC**, **1.5 hours from Harrisburg**, **1.25 hours from Philadelphia**, **1 hour from Allentown and Hershey**, and **45 minutes from Lancaster**. The surrounding area has experienced significant development and growth in recent years, with favorable local government initiatives encouraging new businesses to set up shop. The local **Penn State Health/St. Josephs Medical Center** is expanding, and the nearby **AW Golden lot** is being transformed into a strip mall with a grocery anchor, further enhancing the appeal of this location for future business opportunities. This property is ripe for your growing business! It is also listed as a commercial lease under **MLS# PABK2043300**. Dont miss out on this exceptional opportunity-contact us today for more information or to schedule a viewing!
Do not miss out on this opportunity! Come check out this Automotives garage that holds 5 cars, has an office space, and bathroom for employees. There are also two apartments up on the second floor. Both apartments have their own private entrance on the side of the building away from the automotive garage. The first apartment is a 1 bedroom with 1 bathroom and the second apartment is 3 bedrooms with 1.5 bathrooms. There are long-term tenants in both apartments that would like to stay. In the garage there are tools and equipment that can be arranged in the agreement of sale. Building is being sold as is. Seller reserves the right to accept an offer on or before a deadline is set.
Industrial / Commercial Building 26,000 SQ.FT. This well maintained three floor Manufacturing Building, has a second parcel containing a paved parking lot located in the Commercial District of Laureldale Borough. Owner occupant or Investment potential with the right tenant. Rental income on the building in 2023 was $111,685 where the tenant paid all utilities, insurance and repairs except roof. Rental income on second parking lot parcel for 2023 was $4360. Main floor consists of offices, lab, employee lunchroom and warehouse space with 2 Loading docks. Second level has more offices, employee locker room and additional warehouse space. Lower level is the manufacturing floor with drive out door to the fenced-in yard. The second parcel has over 24 parking spaces. Easy Access to Rt.222, Rt.12, and Rt.61
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