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364 BLAIR AVENUE, READING, PA 19601

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Listing Type
Commercial/Industrial
Listing Status
Active
12
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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
Property Features
Listing Courtesy: KW Commercial - 215-664-1091
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Last Updated: 2025-12-11 18:36:03
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EXIT PREFERRED REALTY
2615 Augustine Herman Hwy , Chesapeake City, MD 21915
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$2,300,000

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EXIT PREFERRED REALTY
2615 Augustine Herman Hwy , Chesapeake City, MD 21915
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