736 and 738 Franklin Street Reading, PA $ 345,000
736 and 738 Franklin Street
$ 345,000
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736 and 738 Franklin Street

Reading, PA, 19602
$ 345,000
Bedrooms-- Baths-- Sq 1,765

Monthly Estimate*

$ 2,124

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Commercial Property for sale in Reading, PA

for $345,000. This 1,765 square foot building was built in 1945 on a lot size of 0.04.

Don't miss this chance to own your business and rent or live in the space above! This amazing opportunity includes the sale of a two-story, two-unit building that consists of a commercial space on the first level (operating as a convenience store currently) and a rentable apartment on the second level, a separate adjacent parcel that has six-car parking, as well as a detached garage in the rear. In addition to the property, there is also a business opportunity to continue running the current convenience store that occupies the commercial space. Notable features of this mixed-use property include separate gas heating systems for the commercial and residential unit, as well as separate water and electric meters. A huge bonus to this building is the location. It is in a high-traffic part of the city with proximity to the DoubleTree Hotel, Santander Arena, and a Barta station. The convenient parking adjacent to the building is perfect for tenant and customer use that eliminates parking issues within the city. Included in this listing price are the 2-unit building, parking spaces located at 738 Franklin st parcel ID#03-5306-28-99-3544 and the business.

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Commercial Active

Price

$ 345,000

Property Type

Commercial

Taxes

$ 1,140

Style

Apartment Building,Convenience Store/Gas,Parking L

Lot Size

0.04

Year Built

1945

Town/City

Reading

County/Region

Berks

MLS | Web ID

PABK2071646

Features
Interior
Heating Fuel Natural Gas
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 Settlement
Roof Shingle
Zoning C-R
Construction Materials Vinyl Siding
Exclusions Skills Machines ATM Small ice cream Freezer and merchant inventory.
Year Built 1945
Property Subtype Mixed Use
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Municipality READING CITY
Gross Income 36000.00
Business Type Apartment Building Convenience Store/Gas Parking Lot
Accessibility None
County BERKS
Net Operating Income 26205.00
Insurance Expense 2280.00
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions USE GPS For better Directions
City READING
Number Of Units Total 2
MLS Area Reading City (10201)
Lot Size Units Square Feet
Lot Size Square Feet 1742.00
Tax Annual Amount 1140.0
Property Condition Very Good
Trash Expense 480.00
Price Per Sq Ft Total AG 124.28
Acceptable Financing Conventional Cash
Lease Considered Y/N N
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Tax Lot 3525
Cap Rate 10.00
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Exterior
Water Source Public
Inclusions Business Opportunity include Refrigerators (1 (2doors) 1(3doors) 2(One door) One freezer Hot station 220 volts heater Suspension system with Cooking Equipment Gandala Shelves Register Security system
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 2776.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.04
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 10000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 736
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* Excluded Features
List By
Coldwell Banker Realty

Broker

mjcastanedarealtor@gmail.com

Email

Affordability Calculator

$2,219
Per Month
96%
4%
0%
Monthly Principal & Interest
$2,124
Monthly Property Taxes
$95
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
5/5/2026$345,000 Listed Price

Map


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736 and 738 Franklin Street, Reading, PA, 19602 is a Commercial Property for sale at $345,000 with 1,765 sqft and a lot size of 0.04. 736 and 738 Franklin Street was built in 1945. The property's zip code is 19602 which is in Reading, PA