5045 POTTSVILLE PIKE, Reading, PA 19605
5045 POTTSVILLE PIKE, Reading, PA 19605
5045 POTTSVILLE PIKE, Reading, PA 19605
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Kimmy Piscotty

Kimmy Piscotty

+1(717) 571-6198
Listed by Jimmy Thelusca • Pagoda Realty ERA Powered
$649,900
Est. payment /mo
0.91 Acres Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Services

Listing Status Active

Purchase Type For Sale

Subdivision Ontelaunee Heights

MLS Listing ID PABK2077448

Year Built 2006

Annual Tax Amount $6,941

Tax Year 2006

Lot Size 0.910 Acres

Acres 0.91

Property Sub-Type Services

Source BRIGHT

Property Description

Prime Multi-Unit Commercial Investment Opportunity along the Pottsville Pike corridor in Ontelaunee Township! Located at 5045 Pottsville Pike, Reading, PA 19605, this versatile income-producing commercial property offers approximately 4,856 square feet of building space situated on approximately 0.83 acres (36,155 SF) with exceptional on-site parking and vehicle-storage capacity for 50+ vehicles.

The property is configured as four commercial units across multiple building areas, providing a unique combination of retail/office, automotive, garage, storage and flexible commercial space. Three of the four units are currently occupied, while Unit 2 is vacant, creating immediate value-add potential through additional lease-up or an opportunity for an owner-user to occupy a portion of the property while collecting income from the existing tenants.

Unit 1 is occupied by The Hertz Corporation, an established national-brand tenant, currently paying approximately $2,750 per month. The Hertz premises include approximately 1,050 SF of retail space associated with its vehicle rental operation, along with access to the property's wash-bay facilities.

Units 3 and 4 are occupied by one tenant leasing space within two separate building areas, along with an additional rear storage unit. The tenant currently pays approximately $2,500 + $250 per month for the leased spaces, plus $100 per month for the rear storage unit, for total monthly rent of approximately $2,850.

Combined, the currently occupied portions of the property generate approximately $5,600 per month / $67,200 annually in gross scheduled rental income, with the opportunity to further increase revenue by leasing the currently vacant Unit 2.

The property is particularly well equipped for automotive and vehicle-oriented operations. Existing property documentation identifies a wash bay approximately 12'10" wide by 30' long, equipped with water supply, radiant heat, lighting, electrical connections for pressure-washing/vacuum equipment, and an oil/water separating drain. The expansive paved lot provides parking/storage capacity for 50+ vehicles, offering considerable flexibility for automotive businesses, fleet operations, contractors, service businesses, storage users and other commercial applications, subject to zoning and municipal approvals.

Additional improvements include a flat rubber roof installed in 2024, central electric air conditioning, electric and on-site propane heating, public water, public sewer, electric water heating, PVC plumbing and 200-amp electrical service. The Commercial Property Information Sheet also identifies three exterior signs, three overhead doors, loading access, internet availability, security equipment/cameras, fire and smoke safety equipment, and other commercial building infrastructure.

The property's combination of existing rental income, national-credit tenancy, multiple commercial units, extensive paved parking, automotive infrastructure and additional lease-up potential makes 5045 Pottsville Pike an attractive opportunity for both investors and owner-users. An investor can benefit from existing cash flow while pursuing additional income from the vacant unit, while an owner-user may have the ability to operate from the available space while receiving rental income from the balance of the property.

Conveniently positioned along Pottsville Pike in Ontelaunee Township, Berks County, this property offers a flexible commercial footprint with excellent vehicle capacity and multiple potential income streams.

Location

State PA

County Berks

Area Ontelaunee Twp (10268)

Zoning COMM

Interior

Hot Water Electric

Heating Forced Air

Cooling None

Heat Source Electric, Propane - Metered

Exterior

Garage Spaces 20.0

Water Access N

Accessibility None

Total Parking Spaces 20

Garage N

Building

Sewer Other

Water Other

New Construction N

Schools

School District Muhlenberg

Others

Tax ID 68-5309-06-49-2431

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

Kimmy Piscotty
Kimmy Piscotty

Agent RSRS362492

+1(717) 571-6198 | kpiscotty@soldincentralpa.com

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