635-R WEISER ST new to site Save Request In-Person Tour Request Virtual Tour
Reading,PA 19601
Key Details
Property Type Commercial
Sub Type Special Purpose
Listing Status Active
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $31
MLS Listing ID PABK2060550
Year Built 1900
Available Date 2025-07-28
Annual Tax Amount $315
Tax Year 2023
Lot Size 871 Sqft
Acres 0.02
Property Sub-Type Special Purpose
Source BRIGHT
Property Description
635 Rear Weiser Street, Reading PA is a versatile two-story brick building with multiple overhead doors, ideally suited for light industrial or commercial storage use. This standalone structure offers a functional layout, solid construction, and utility connections for electric, water, and sewer—making it an ideal low-maintenance addition to any portfolio.
Current income is $8,100 with a net operating income (NOI) of $6,679.47, reflecting a strong 8.9% CAP rate. Pro forma projections show income of $9,500 and an NOI of $7,600, pushing the pro forma CAP rate to 10.1%. With low overhead and steady demand for industrial storage, this property offers dependable cash flow and room for upside.
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 None
Heating None
Cooling None
Heat Source None
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer No Sewer System
Water None
New Construction N
Schools
School District Reading
Others
Tax ID 15-5307-57-53-1940
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard