The Kyle Coover Team - Iron Valley Real Estate
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$1,500,000
1 Day On Site

1200 N 9TH STREET
READING, PA 19604

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
16,200
SqFt
$93
/SqFt
1964
Built
Subdivision:
NORTHEAST READING
County:
BERKS
Listing courtesy of KW Commercial
Call Now: 570-872-7123
Is this the listing for you? We can help make it yours.
570-872-7123
1200 N 9TH STREET1200 N 9TH STREET1200 N 9TH STREET1200 N 9TH STREET
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Monthly Payment (Est.)

$6,844
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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

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Listing Snapshot
Price 
$1,500,000
Days On Site 
1 Day
Bedrooms 
N/A
Inside Area (SqFt) 
16,200 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.48 Acres
Year Built 
1964
MLS® Number 
PABK2060544
Status 
Active
Property Tax 
$4,046
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
yesterdayStatus changed to Active
yesterdayListing updated with changes from the MLS®
yesterdayListing first seen on site
General Features
Acres 
0.48
Cross Street 
MARION
Number Of Stories 
1
Parking 
None
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
16200
Water Source 
Public
Zoning 
R-3
Interior Features
Appliances 
Gas Water Heater
Electric 
200+ Amp Service
Flooring 
Carpet
Heating 
ElectricNatural GasNone
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Exterior Features
Construction Details 
Vinyl SidingStucco
Roof 
Shingle
Community Features
MLS Area 
Reading City (10201)
School District 
READING
Schools
School District
READING
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of KW Commercial



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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