www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
28734716
28734717

722 Spring St, Reading, PA 19604

SM
PA RM421788
Destination Realty LLC
Listed by Destination Realty LLC
$535,000
181 days on market
Updated 56 days ago

722 Spring St

Details
APN 13-5307-52-95-6622
Property Type Business for Sale, Industrial (+3)
Sub Type Garage/Parking, Manufacturing (+1)
Square Footage 40,000
Units 1
Cap Rate 6.73%
NOI $36,000
Occupancy 10%
Tenancy Multi
Lease Type NN+
Price per SqFt $14
Class C
Year Built 1900
Buildings 1
Stories 5
Acreage 0.410
Zoning MC
Parking Spaces 91 spaces
Parking Per SqFt 2.27
Investment Type Owner/User
Occupancy Date 04/01/2026
Ceiling Height 10
Ownership Fee Simple

90+ parking garage - Remarkable building in Manufacturing Commercial zoned section of Reading.

Marketing description

90+ parking garage, perfect for indoor auto recycling. built with steel-and-concrete this commercial building is in Reading’s Manufacturing Commercial (MC) zoning district. Situated at the corner of Spring St. and Nichols St., this property features an 90+ car drive-up garage, providing exceptional on-site parking or flexible operational space. The building also includes approximately 3,000 sq. ft. of office and former retail area previously used by Berks Products, offering an immediate foundation for administrative, sales, or customer-facing functions.

MC zoning allows a wide range of permitted uses, making this an adaptable location for many business types. Imagine your operation here—whether auto body, auto salvage, scrap, storage units, or another industrial or commercial service. The combination of visibility, access, and functional space creates a strong setting for growth.

Owner financing may be available. Call for details.

Directions: From 5th St. in Reading, take Spring St. east. Property is on the right just after the train bridge, at the corner of Spring and Nichols St.

Investment highlights

  • Favorable Industrial zoning
  • Indoor Auto Salvage, parts distribution
  • Lot Size SQFT: 17859.6
  • Total Parking Spaces: 90+
  • Building Classification : Class C

Listing Contacts

SM
PA RM421788
Destination Realty LLC
Listed by Destination Realty LLC

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$36,000.00
$3,000.00/mo

Valuation Metrics

0
DSCR
6.73%
Cap Rate
6.73%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591