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listing
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CommercialFor Sale
$2,300,000
364 Blair Avenue
Reading, PA 19601
Listed by: KW Commercial, 2156641091
MLS: Bright MLS
35,867Sq Ft
Est. Mortgage
$11,972/mo

A high-performing, income-producing flagship property comprising 90 total units: 86 self-storage units, 12 tenant parking spaces, and 4 commercial suites (fully occupied). This 1.5-acre site features designated parking for tenants, full utility access (electric, water, sewer), and a stable tenant base with strong retention. The site is optimized for operational efficiency and long-term upside. Current Financials Current Income: $315,897 Current NOI: $220,485.54 Current CAP Rate: 9.6% Pro Forma Financials Pro Forma Income: $347,846 Pro Forma NOI: $260,884 Pro Forma CAP Rate: 11.3% 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

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This data is up-to-date as of 09/15/2025 08:08 AM. Listing provided by Beau McGettigan of KW Commercial.
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