PA > Reading > Northeast Reading
Reading, PA 19604,1200 N 9TH ST
Reading, PA 19604,1200 N 9TH ST
Reading, PA 19604,1200 N 9TH ST
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Edward Cole

Edward Cole

+1(610) 416-6753
Listed by Beau McGettigan • KW Commercial
$1,500,000
Est. payment /mo
16,200 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Special Purpose

Listing Status Active

Purchase Type For Sale

Square Footage 16,200 sqft

Price per Sqft $92

Subdivision Northeast Reading

MLS Listing ID PABK2060544

Year Built 1964

Available Date 2025-07-28

Annual Tax Amount $4,046

Tax Year 2010

Lot Size 0.480 Acres

Acres 0.48

Property Sub-Type Special Purpose

Source BRIGHT

Property 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 units

Location

State PA

County Berks

Area Reading City (10201)

Zoning R-3

Interior

Hot Water Natural Gas

Heating None

Cooling None

Flooring Tile/Brick, Carpet

Heat Source Natural Gas, Electric

Exterior

Water Access N

Roof Type Shingle

Accessibility None

Road Frontage Boro/Township

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Reading

Others

Tax ID 17-5307-44-96-9920

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)

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agent

Edward Cole

+1(610) 416-6753

Broker Associate | License ID: PA: AB067617 | DE: RB0020595

Broker Associate License ID: PA: AB067617 | DE: RB0020595

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