Price Reduction
Listed By:
Pagoda Realty
Address
1112 Muhlenberg Street, Reading, PA
Price
$ 1,300,000
Property Attributes
  • MLS#PABK2038104
  • TypeCommercial
  • CountyBERKS
  • CityReading
  • AreaReading City
  • Zip19602
  • StyleCar Wash/Truck Wash
  • Year Built1997
  • Taxes$ 8249
  • Price$ 1,300,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4204
  • Lot Size0.35 Acres
Data Source:
Bright MLS
Property Description

Welcome to the ''Bubble Room'' laundromat and car wash! A thriving laundromat and car wash nestled on a high traffic location/corner lot at 1112 Muhlenberg St in Reading. Experience efficiency with a fleet of machines, washers, dryers and 4 vacuum, cleaners, complemented by the presence of a dedicated on-site laundromat attendant. The private parking lot offers ample space, ensuring a hassle-free experience for your valued customers. Furthermore, there are vending machines on site and plenty of potential areas of growth for additional income. Sale includes the real estate, laundromat and car wash business, and all associated equipment. Seize the chance to own a slice of success in this dynamic location, where every spin and wash promises not just cleanliness, but also a strategic investment in a thriving industry.

Price History
12/26/2023 Listed $1,500,000
1/31/2024 4% - $1,450,000
4/10/2024 4% - $1,399,000
4/29/2024 8% - $1,300,000

General Features

Sewer Public Sewer
Heating Other
Cooling Other
Utilities Cable TV,Cable TV Available,Electric Available,Natural Gas Available,Phone Available,Phone Connected
Possession Other
Roof Other
Zoning COMMERCIAL
Construction Materials Brick
Year Built 1997
Electric 200+ Amp Service
Property SubType Other
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Other
Business Type Car Wash/Truck Wash,Other
Accessibility None
County BERKS
New Construction No
Property Type Commercial Sale
Water Access Y/N No
Status ACTIVE
Directions Head W on Penn St towards N 5th St. Turn left onto 5th St. Turn left onto Franklin St. Turn right onto S 10th St. Turn left onto Muhlenberg St.
ModificationTimestamp 2024-04-29T09:39:10
City READING
Buyer Agent Compensation 2.5
MLS Area Reading City (10201)
Lot Size Square Feet 15245.00
Tax Assessed Value 188700.0
Waterfront Y/N No
Street Name MUHLENBERG
Tax Annual Amount 8249.0
Price Per Sq Ft 85.27
Acceptable Financing Cash,Conventional
Vacation Rental Y/N No
Days on Market 119
Standard Status Active
Year Built Source Estimated
Tax Lot 2079
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Natural Gas
Flooring Tile/Brick,Vinyl
Hot Water Other
Heating Y/N Yes
Street Suffix STREET
Central Air Y/N No

Exterior Features

Water Source Public
Total Parking Spaces 10
Type of Parking Parking Lot
Land Use Code 4246
Water View Y/N No
Building Area Total 15245.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.35
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 41000.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor
Car Parking Spaces 10

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 19602

Price
AVG $700K
$1.3M
Taxes
AVG $4,589
$8,249
Visits
AVG 131
107
Data Provided by Inside Real Estate®
Year Built
AVG 1908
1997

Areas We Cover