146 N 5 Th St
$450,000
146 N 5 Th St, Reading, PA 19601
8.05
Cap Rate
36,216
NOI
Details:
Highlights:
- Days on Market: 19
- Development Status: Zoned
- Parking Features: Public
- Heating: Radiator, Steam
Description:
Interior, Level, Private, Rear Yard, Zero Lot Line, Year Round Access
Mixed-Use Investment Property – 146 N 5th St, Reading, PA
This five-unit mixed-use building is located at 146 N 5th Street in Reading, Pennsylvania, within the Callowhill Historic District. Zoned CC – Commercial Core, the property sits in the heart of the downtown corridor and benefits from flexible zoning intended to support dense residential, retail, and service-oriented uses.
The building includes four one-bedroom apartments arranged over three upper floors, providing consistent residential income. The ground floor is occupied by an operating beauty salon that has been a tenant for over six years, offering established commercial tenancy at street level. This configuration makes the property well-suited for investors seeking stable mixed-use cash flow in a historic urban setting.
CC (Commercial Core) Zoning – Examples of Permitted Uses
Apartments and mixed-use buildings with residential above commercial
Retail shops and personal service businesses (salon, barber, dry cleaner, etc.)
Banks and financial institutions
Bakeries and food-related retail (size-limited)
Art, craft, and gallery uses
Offices, business services, and printing services
Civic, cultural, and entertainment uses (theater, performance space)
This zoning flexibility, combined with long-term commercial tenancy and multiple residential units, positions the property for both continued operation and future redevelopment potential.
Location
Gallery
