0 N 9TH STREET, READING, PA 19604
BERKS County
Key Facts
Description
Three Laundromat - Commercial Investment Opportunity in Reading, PA. Available to be purchased Individually or as a Package for $2,300,000. (Real Estate, Laundromat Business and Equipment is included in the Sale) Excellent opportunity to acquire three established laundromats in Reading, Pennsylvania, offered individually or as a combined portfolio. Each location is currently operating (121 S 5th St will be reopening shortly) and serves high-density residential neighborhoods with consistent demand for self-service laundry. This offering is well suited for owner-operators, regional operators, or investors seeking stable cash flow with operational upside. Location 1. The Missing Sock Laundromat 1170 Perkiomen Ave, Reading, PA 19602 Operating neighborhood laundromat located along a well-traveled corridor with strong visibility and easy access. Surrounded by residential housing and local businesses, supporting steady customer traffic. Location 2. Jake’s 9th St Laundromat 1501 N 9th St, Reading, PA 19604 Established laundromat in North Reading with a dense surrounding population. Convenient location with consistent foot traffic and repeat clientele. Location 3. Sunrise Laundromat 121 S 5th St, Reading, PA 19602 Centrally located laundromat serving a densely populated area. Walkable location with strong neighborhood demand and long-standing community presence. Property Highlights include: Three separate laundromats, Offered individually or as a package, Total portfolio price of $2,300,000, High-density residential trade areas, Established customer bases, Opportunity for operational efficiencies and future growth. Financial information, equipment details, and additional operational data available upon request. Serious buyers are encouraged to drive by each location and contact us for further details.
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
1960
Stories
1
Living Area
9,536 sq ft
Lot Size
0.22 acres
Lot Dimensions
0.00 x 0.00
Parking Spaces
20
Zoning
COMM
Days on Market
105
MLS® Listing#
PABK2067984
Property Features
Appliances
Cooling
Heating
Flooring
Parking
Lot Features
Construction
Roof
Utilities
Sewer
Water Source
Schools
- District:
- READING
Financial Details
Annual Taxes
$9,758
Tax year 2025
Assessed Value
$216,500
Parcel Number
17-5317-29-08-1409
Directions
Head West on Penn St and Right onto Perkiomen Ave
Affordability Calculator
$460,000
Estimated monthly payment
$12,242/mo
Principal $1,840,000 · Est. interest $2,566,964 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in READING, PA
- $276,471
- Median Listing Price
- 36
- Median Days on Market
- 1,547
- Median Sq Ft
- $153
- Median Price / Sq Ft
- 265
- Active Listings
- This home’s price is 732% above the area median.
- Its price per sq ft is 57% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in READING, PA.
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1064 RICK ROAD, READING, PA | $1,899,900 | 5 | 4 | 5,353 |
| 705 SCHOFFERS ROAD, READING, PA | $2,200,000 | 5 | 4 | 3,456 |
| 524 N 6TH STREET, READING, PA | $2,399,999 | — | — | 11,269 |
| 140 EVANS HILL ROAD, READING, PA | $2,800,000 | 5 | 5 | 8,500 |
| 140 EVANS HILL ROAD, READING, PA | $2,800,000 | 5 | 5 | 8,500 |
Moving Cost Estimate
Listing Courtesy: Pagoda Realty ERA Powered - 6109857700