121 S 5TH STREET, READING, PA 19602
BERKS County
Key Facts
Description
Prime opportunity to acquire Sunrise Laundromat, an established laundry business at 121 S 5th St, in Reading, PA. The sale includes everything: the real estate, the business and equipment. Situated in a dense populated corridor, within the city of Reading, this location benefits from strong walkability, consistent neighborhood demand, and limited in-home laundry access in the immediate trade area. The business has history of strong customer base and on-site equipment in place. The layout is designed for efficient customer flow and ease of maintenance. offering a mix of washers and dryers suitable for everyday residential use and larger loads. The property is positioned to support steady year-round traffic and provides opportunity for continue cash flow with upside through operation enhancements. This offering is ideal for owner-operator seeking hands on management or an investor looking to add a stable service-based business to their portfolio. There is potential to increase revenue through extended hours, pricing adjustments, wash and fold services, vending additions, or modernization/upgrades of existing equipment (buyer to verify). Financial information, equipment details and operating metrics available upon request.
Property Information
Property Type
Business Opportunity
Sub-Type
Business
Year Built
1975
Living Area
3,484 sq ft
Lot Size
0.08 acres
Lot Dimensions
0.00 x 0.00
Zoning
MULTI
Days on Market
106
MLS® Listing#
PABK2068214
Property Features
Cooling
Heating
Parking
Construction
Foundation
Roof
Security
Sewer
Water Source
Schools
- District:
- READING
Financial Details
Annual Taxes
$2,038
Tax year 2024
Assessed Value
$77,000
Parcel Number
04-5306-27-79-9342
Directions
Penn St to S 5th St
Affordability Calculator
$110,000
Estimated monthly payment
$2,927/mo
Principal $440,000 · Est. interest $613,839 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in READING, PA
- $278,512
- Median Listing Price
- 37
- Median Days on Market
- 1,536
- Median Sq Ft
- $155
- Median Price / Sq Ft
- 265
- Active Listings
- This home’s price is 97% above the area median.
- Its price per sq ft is 2% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in READING, PA.
Location
Points of Interest in READING, PA
Showing the READING area map.
Nearby Schools
St Peter's School
School · 0.1 mi away
Tyson Schoener Elementary School
Elementary · 0.2 mi away
I-Lead Charter School
School · 0.2 mi away
Southwest Middle School
Secondary · 0.2 mi away
Reading School District
School · 0.4 mi away
Southern Middle School
Secondary · 0.4 mi away
Tenth & Penn Elementary School
Elementary · 0.5 mi away
Amanda E Stout Elementary School
Elementary · 0.5 mi away
Lauers Park Elementary School
Elementary · 0.6 mi away
Reading Intermediate High School
Secondary · 0.8 mi away
Amazing Kidz
School · 0.9 mi away
Fairview Christian School
School · 0.9 mi away
Pied Piper School
School · 0.9 mi away
Central Catholic High School
Secondary · 0.9 mi away
West Reading Elementary Center
Elementary · 1.0 mi away
Millmont Elementary School
Elementary · 1.0 mi away
Alvernia Montessori School
Elementary · 1.0 mi away
Tenth & Green Elementary School
Elementary · 1.1 mi away
Harcum at Reading
School · 1.2 mi away
Berks Catholic High School
Secondary · 1.2 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 74 EMILY COURT, READING, PA | $389,000 | 3 | 4 | 2,108 |
| 5 SPRING VALLEY ROAD, READING, PA | $395,000 | — | 3 | 4,056 |
| 2400 LINDALE DRIVE, READING, PA | $399,900 | 4 | 3 | 2,572 |
| 1847 ELDER STREET, READING, PA | $399,900 | 5 | 4 | 5,014 |
| 1727 COLONY DRIVE, READING, PA | $399,900 | 4 | 3 | 2,056 |
| 2503 PROSPECT STREET, READING, PA | $419,900 | 4 | 3 | 2,398 |
Moving Cost Estimate
EXIT Agents in READING
Listing Courtesy: Pagoda Realty ERA Powered - 6109857700