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306 N 13TH STREET, READING, PA 19604

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Listing Type
Commercial/Industrial
Listing Status
Active
1
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$70,000

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Home Details for 306 N 13TH STREET
Price
$70,000
Type
Commercial/Industrial
Year Build
1900
Lot Size
0.03
County
BERKS
Tax
$493
MLS®️ Listing#
PABK2060546
On exitrealty.com
175 days
Property Description
306 N 13th Street, Reading PA presents a compact yet versatile investment opportunity featuring a single 16x52 unit. Supported by electric utility service, the space includes two garage doors and a flexible layout that caters well to commercial, storage, or automotive use. The unit is currently leased to a long-term tenant, generating $7,099 in annual income with a net operating income (NOI) of $5,561.81, reflecting a 7.9% CAP rate. Pro forma projections show income increasing to $10,000 with a corresponding NOI of $8,000, representing an 11.4% pro forma CAP rate. This low-maintenance property offers stable returns and commercial flexibility, ideal for investors seeking a low-barrier entry into the Reading industrial 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
Property Features
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 18:38:31
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EXIT PREFERRED REALTY
2105 Laurel Bush Rd. Suite 110, Bel Air, MD 21015
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$70,000

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EXIT PREFERRED REALTY
2105 Laurel Bush Rd. Suite 110, Bel Air, MD 21015
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