438-502 Fairview St - Storefront Retail/Office FOR SALE


Reading, PA 19605- Outer Muhlenberg Township
$1,000,000 USD
484-955-0352
438-502 Fairview St, Reading, PA for Sale
$1,000,000 USD
Storefront Retail/Office - FOR SALE
1/2
null | Request Cap Rate

438-502 Fairview St
Reading, PA 19605
Outer Muhlenberg Township


HIGHLIGHTS

  • High traffic area, new roof, new HVAC, new electric, new plumbing, new lighting, new flooring, new drywall and paint, fresh exterior paint
  • Newly sealed and painted parking with 28 spots, ADA compliant bathrooms, new water heater
  • Newly renovated
  • Road Frontage

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$370 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Former Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Day Care Center, Restaurant, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,705 SF

ZONING

C-3

APN/PARCEL ID

66-5308-12-75-8179,66-5308-12-75-9038

ASK ABOUT THIS PROPERTY

Angela ToloskyColdwell Banker RealtyMore Info
484-955-0352

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Angela ToloskyColdwell Banker RealtyMore Info
484-955-0352

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.