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1200 N 9TH STREET, READING, PA 19604
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$1,500,000
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Home Details for 1200 N 9TH STREET
Price
$1,500,000
Type
Commercial/Industrial
Year Build
1964
Lot Size
0.48
County
BERKS
Tax
$4,046
MLS®️ Listing#
PABK2060544
On exitrealty.com
174 days
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
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- Heating Information
- Electric
- Natural Gas
- None
- Cooling Information
- None
- Water Features
- Public
- Parking
- None
Listing Courtesy: KW Commercial - 215-664-1091
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EXIT Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2026 Bright MLS. All rights reserved.
Last Updated: 2025-12-11 18:38:32
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EXIT PREFERRED REALTY
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EXIT PREFERRED REALTY
2615 Augustine Herman Hwy , Chesapeake City, MD 21915