502 Fairview St, Reading, PA 19605

$1,000,000

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List Price
$1,000,000
Days on Market
104
Status
ACTIVE
MLS#
PABK2071472
Lot Size (Acres)
0.22
Year Built
2003
County
Berks
School District
Muhlenberg

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.

Additional Information

Area
Muhlenberg Twp (10266)
Taxes
$7154
School District
Muhlenberg
Flooring
Ceramic Tile
Heating
Forced Air
Heating Fuel
Electric
Cooling
Central A/C
Roof
Shingle
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Realty. Contact: 6103739900