Twitter
Facebook
Email
|
Excellent mixed-use investment opportunity at 625 N 13th Street, Reading, PA. This property features 22 self-storage units alongside a residential apartment and lower-level commercial space, offering a diversified income stream across asset classes. With electric, water, and sewer utilities in place, the property provides reliable service and long-term functionality for both storage and residential/commercial use. Current income is $62,522 with a net operating income (NOI) of $46,368.75, producing a healthy 9.3% CAP rate. Pro forma projections show income potential of $70,000 and NOI of $56,000, raising the CAP rate to 11.2% with market adjustments and renewed lease focus. The varied tenant base and income-producing components make this a highly attractive property for investors seeking cash flow with growth potential. This property is part of a larger portfolio of 500+ storage units currently available across 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
| DAYS ON MARKET | 2 | LAST UPDATED | 7/27/2025 |
|---|---|---|---|
| TRACT | NONE AVAILABLE | YEAR BUILT | 1920 |
| COMMUNITY | Reading City (10201) | COUNTY | BERKS |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| School District | READING |
|---|
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | Reading City (10201) |
| CONSTRUCTION | Block, Brick |
| HEAT | Forced Air, Natural Gas |
| LOT | 5663 sq ft |
| PARKING | None |
| SEWER | Public Sewer |
| STORIES | 3 |
| SUBDIVISION | NONE AVAILABLE |
| TAXES | 3032 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Todd
Stonesifer to contact you even if your name is on a Federal or State
"Do not call List".
Listing provided by KW Commercial
All information provided is deemed reliable but is not guaranteed and should
be independently verified. No reproduction, distribution, or transmission of the
information at this site is permitted without the written permission from the MLS
Participant.
IDX information is provided exclusively for consumer’s personal,non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2025.