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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 FinancialsCurrent Income: $315,897Current NOI: $220,485.54Current CAP Rate: 9.6%Pro Forma FinancialsPro Forma Income: $347,846Pro Forma NOI: $260,884Pro Forma CAP Rate: 11.3%Additional properties in the portfolio include:826 Hampden – 17 units824 Ritter – 13 units511 Birch – 10 units340 Locust – 18 units333 Lombard – 34 units1536 Haak – 36 units625 N. 13th – 22 units1128 Pike – 34 units1200 N 9th Street – 66 units306 N 13th Street – 1 unit1541 Fairview – 8 units635-R Weiser – 1 unit521 S 16th Street – 10 units328 Chestnut – 8 units1214 Weimer – 10 units741 Church – 12 units330 Robeson - 1015 Rose – 96 units364 Blair – 86 units

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This data is up-to-date as of 12/04/2025 08:10 AM. Listing provided by Beau McGettigan of KW Commercial.
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