502 FAIRVIEW ST, Reading, PA 19605
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Listed by Shon Elk • Coldwell Banker Realty
$ 1,000,000
Est. payment | /mo

9,583 Sqft Lot


Save
$ 1,000,000
Est. payment | /mo
Save

9,583 Sqft Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PABK2071472

Year Built 2003

Annual Tax Amount $7,154

Tax Year 2026

Lot Size 9,583 Sqft

Acres 0.22

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Prime Commercial Opportunity on 5th Street Highway

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.

Location

State PA

County Berks

Area Muhlenberg Twp (10266)

Zoning COMMERCIAL

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Flooring Ceramic Tile

Heat Source Electric

Exterior

Garage Spaces 28.0

Water Access N

Roof Type Shingle

Accessibility Grab Bars Mod, Ramp - Main Level

Total Parking Spaces 28

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Muhlenberg

Others

Tax ID 66-5308-12-75-8179

Ownership Fee Simple

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

Bright MLS (BMLS)

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Celinda Iaboni

Celinda Iaboni

+1(631) 786-9603

Broker | License ID: 10491210466

Broker License ID: 10491210466

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502 FAIRVIEW ST