Warehouses for sale in Reading, Pennsylvania, offer a unique investment opportunity for those looking to capitalize on the city's rich history and strategic location. As the fourth-largest city in Pennsylvania, Reading has a diverse population and a strong economy driven by retail, manufacturing, and transportation. Warehouses in Reading can represent a variety of investments, from industrial properties to distribution centers, and offer a range of benefits, including proximity to major transportation hubs, access to a skilled workforce, and a competitive business environment. With amenities like the Pagoda on Mount Penn, Reading City Park, and the GoggleWorks Center for the Arts, Reading is an attractive location for businesses and residents alike. The city's infrastructure, including the Berks Area Regional Transportation Authority (BARTA) and the Reading Regional Airport, makes it an ideal location for warehouse operations. Additionally, the city's educational institutions, such as Albright College, Alvernia University, and Penn State Berks, provide a steady supply of skilled workers.
With 3 warehouses for sale in Reading, investors have a range of options to choose from. In addition to warehouses, Reading also offers industrial properties, land, residential income homes, and commercial real estate for sale. Industrial properties in Reading provide opportunities for manufacturing and production, while land offers a blank canvas for development. Residential income homes can provide a steady stream of revenue, and commercial real estate offers a range of possibilities, from office space to retail storefronts. With its rich history, diverse economy, and strategic location, Reading is an attractive location for businesses and investors alike. Whether you're looking to invest in a warehouse, industrial property, land, residential income home, or commercial real estate, Reading has something to offer.
What are the key features investors look for in warehouses in Reading?
When searching for warehouses in Reading, investors typically look for properties that offer a strategic location, convenient access to major transportation routes, and amenities that support their business operations, such as:
- Average price per square foot of $57 USD, with an average size of 203,800 square feet and a maximum size of 225,000 square feet among the 3 available listings.
- Proximity to major highways like U.S. Route 422, U.S. Route 222, Interstate 176, and Pennsylvania Route 12, as well as access to the Norfolk Southern Railway, Reading Blue Mountain and Northern Railroad, and East Penn Railroad for freight rail service.
- Average cap rate of 7.6%, which indicates a potential return on investment, as well as access to local amenities like the BARTA Transportation Center, Reading Regional Airport, and nearby educational institutions like Albright College and Penn State Berks.
What size warehouses are available to buy in Reading?
Warehouses for sale in Reading, Pennsylvania, range in size from 203,800 square feet to 225,000 square feet, offering a variety of options for businesses and investors looking to purchase a warehouse in the area.
How much does it cost to buy a warehouse in Reading?
When it comes to buying a warehouse in Reading, Pennsylvania, the cost can vary depending on factors such as size, location, and condition, but on average, you can expect to pay around $57 USD per square foot, with available listings ranging from 3 options, featuring average sizes of 203,800 square feet and a maximum size of 225,000 square feet, and an average cap rate of 7.6%.
