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364 BLAIR AVENUE, READING, PA 19601
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$2,300,000
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Home Details for 364 BLAIR AVENUE
Price
$2,300,000
Type
Commercial/Industrial
Year Build
1900
Lot Size
1.51
County
BERKS
Tax
$33,836
MLS®️ Listing#
PABK2060566
On exitrealty.com
175 days
Property Description
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
- Heating Information
- Natural Gas
- Forced Air
- Cooling Information
- Central Air
- Water Features
- Public
- Parking
- On Street
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 18:36:03
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EXIT PREFERRED REALTY
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$2,300,000
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EXIT PREFERRED REALTY
2615 Augustine Herman Hwy , Chesapeake City, MD 21915