502 Fairview Street Reading, PA $ 1,000,000
502 Fairview Street
$ 1,000,000
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502 Fairview Street

Reading, PA, 19605
$ 1,000,000
Bedrooms-- Baths-- Sq 2,900

Monthly Estimate*

$ 6,157

502 Fairview Street, Reading, PA 19605 - Image 1

Commercial Property for sale in Reading, PA

for $1,000,000. This 2,900 square foot building was built in 2003 on a lot size of 0.22.

Prime Commercial Opportunity on 5th Street Highway Seize the opportunity to establish your business in this high-visibility, former restaurant located directly on the bustling 5th Street Highway corridor. Offering a "practically new" blank slate, this property has undergone extensive recent renovations, leaving only your final personal touches to complete the vision. Property highlights include a complete infrastructure overhaul (2025). Move in with peace of mind knowing the heavy lifting is done. The building features a brand-new roof, new HVAC system, new plumbing, new water heater, and a heavy-duty 400-amp electric service. Modern interior finishes have been refreshed with new ceramic tile flooring, new drywall and paint and new lighting throughout. Updated facilities including new bathrooms complete with modern fixtures and ADA compliance. Drive-Thru Capability (equipped with a drive-through window) makes this perfect for high-volume food service, coffee shops, or pharmacy needs. The main parking lot and an additional second parking lot located directly across the street have both been newly sealed and striped. This will ensure ample room for staff and clientele. Situated in a high-traffic area, this property is zoned for Commercial use. Subject to zoning approval, the versatile layout is ideal for a variety of ventures, including bar, tavern, or restaurant, medical or dental office, day care center, professional services, retail store or convenience store. This sale includes the parcel at 438 Fairview St which is the second parking lot. This is a rare chance to skip the long renovation timelines and jumpstart your business in a prime Muhlenberg Township.

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Commercial Active

Price

$ 1,000,000

Property Type

Commercial

Taxes

$ 7,154

Style

Restaurant/Bar

Lot Size

0.22

Year Built

2003

Town/City

Reading

County/Region

Berks

MLS | Web ID

PABK2071472

Features
Interior
Heating Fuel Electric
Flooring Ceramic Tile
Hot Water Electric
Heating Y/N Y
Central Air Y/N Y
Total Restrooms 2
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession 0-30 Days CD 31-60 Days CD 61-90 Days CD
Roof Shingle
Zoning COMMERCIAL
Construction Materials Concrete Frame Shake Siding Wood Siding
Year Built 2003
Property Subtype Mixed Use
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Municipality MUHLENBERG TWP
Business Type Restaurant/Bar
Accessibility Grab Bars Mod Ramp - Main Level
County BERKS
New Construction N
Property Type Commercial Sale
Possible Use Bar/Tavern/Lounge Barber/Beauty Beer/Wine/Liquor Commercial Convenience Store Day Care Drive-Thru Dry Cleaner Financial Flex Space Florist/Nursery Food & Beverage Institutional Laundromat Liquor Stor
Water Access Y/N N
Status ACTIVE
Directions From 5th St Hwy turn on Wilson St and then left on Fairview.
City READING
Number Of Units Total 0
MLS Area Muhlenberg Twp (10266)
Lot Size Units Square Feet
Lot Size Square Feet 9583.00
Tax Annual Amount 7154.0
Property Condition Excellent
Price Per Sq Ft Total AG 344.83
Acceptable Financing Cash
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Tax Lot 8179
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Exterior
Parking Features Handicap Parking Paved Parking
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 2900.00
Lot Size Acres 0.22
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 66800.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 502
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* Excluded Features
List By
Coldwell Banker Realty

Broker

shon.elk@cbrealty.com

Email

Affordability Calculator

$6,753
Per Month
91%
9%
0%
Monthly Principal & Interest
$6,157
Monthly Property Taxes
$596
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4/30/2026$1,000,000 Listed Price

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502 Fairview Street, Reading, PA, 19605 is a Commercial Property for sale at $1,000,000 with 2,900 sqft and a lot size of 0.22. 502 Fairview Street was built in 2003. The property's zip code is 19605 which is in Reading, PA