The Kyle Coover Team - Iron Valley Real Estate
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$2,300,000
1 Day On Site

364 BLAIR AVENUE
READING, PA 19601

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
35,867
SqFt
$64
/SqFt
1900
Built
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
364 BLAIR AVENUE364 BLAIR AVENUE364 BLAIR AVENUE364 BLAIR AVENUE
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Monthly Payment (Est.)

$10,494
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A high-performing, income-producing flagship property comprising 90 total units: 86 self-storage units, 12 tenant parking spaces, and 4 commercial suites (fully occupied). This 1.5-acre site features designated parking for tenants, full utility access (electric, water, sewer), and a stable tenant base with strong retention. The site is optimized for operational efficiency and long-term upside. Current Financials Current Income: $315,897 Current NOI: $220,485.54 Current CAP Rate: 9.6% Pro Forma Financials Pro Forma Income: $347,846 Pro Forma NOI: $260,884 Pro Forma CAP Rate: 11.3% 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 
$2,300,000
Days On Site 
1 Day
Bedrooms 
N/A
Inside Area (SqFt) 
35,867 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.51 Acres
Year Built 
1900
MLS® Number 
PABK2060566
Status 
Active
Property Tax 
$33,836
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 
1.51
Number Of Stories 
2
Parking 
On Street
Parking Spaces 
12
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
35867
Water Source 
Public
Zoning 
M-C
Interior Features
Appliances 
Electric Water Heater
Cooling 
Central Air
Heating 
Natural GasForced Air
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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



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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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