1200 N 9Th Street Reading, PA $ 1,500,000
1200 N 9Th Street
$ 1,500,000
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1200 N 9Th Street

Reading, PA, 19604
$ 1,500,000
Bedrooms-- Baths-- Sq 16,200

Monthly Estimate*

$ 9,358

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Commercial Property for sale in Reading, PA

for $1,500,000. This 16,200 square foot building was built in 1964 on a lot size of 0.48.

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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Commercial Active

Price

$ 1,500,000

Property Type

Commercial

Taxes

$ 4,046

Style

Storage,Professional,Parking Lot

Lot Size

0.48

Year Built

1964

Town/City

Reading

County/Region

Berks

MLS | Web ID

PABK2060544

Features
Interior
Heating Fuel Natural Gas Electric
Flooring Tile/Brick Carpet
Hot Water Natural Gas
Total Stories 1
Central Air Y/N N
Entry Level 1
Number of Elevators 1
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General
Sewer Public Sewer
Heating None
Cooling None
Possession Settlement
Roof Shingle
Zoning R-3
Construction Materials Vinyl Siding Stucco Mixed Plumbing
Year Built 1964
Electric 200+ Amp Service
Property Subtype Special Purpose
Tax Year 2010
Ownership Fee Simple
Cool Fuel None
Municipality READING CITY
Gross Income 109711.00
Business Type Storage Professional Parking Lot
Building Name 9TH & MARION DINER
Accessibility None
County BERKS
Net Operating Income 89385.34
New Construction N
Property Type Commercial Sale
Subdivision Name NORTHEAST READING
Water Access Y/N N
Status ACTIVE
Directions GPS
City READING
Number Of Units Total 66
MLS Area Reading City (10201)
Lot Size Units Square Feet
Lot Size Square Feet 20909.00
Tax Annual Amount 4046.0
Price Per Sq Ft Total AG 92.59
Acceptable Financing Conventional
Historic Y/N N
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Tax Lot 9920
Cap Rate 6.00
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Exterior
Water Source Public
Type of Parking None
Water View Y/N N
Building Area Total 16200.00
Lot Size Acres 0.48
Lot Size Source Estimated
Waterfront Y/N N
Road Responsibility Boro/Township
Land Assessed Value 77400.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1200
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* Excluded Features
List By
Kw Commercial

Broker

bmack@pcre.ltd

Email

Affordability Calculator

$9,695
Per Month
97%
3%
0%
Monthly Principal & Interest
$9,358
Monthly Property Taxes
$337
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/27/2025$1,500,000 Listed Price

Map


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1200 N 9Th Street, Reading, PA, 19604 is a Commercial Property for sale at $1,500,000 with 16,200 sqft and a lot size of 0.48. 1200 N 9Th Street was built in 1964. The property's zip code is 19604 which is in Reading, PA