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Marjorie Dick Stuart

  • Cell 240-731-8079
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328 Chestnut St, READING, PA – $150,000

  • $150k Price
  • 1,800 Sqft
  • .04 Acres
  • 113 DOM
  • $150k Price
  • 1,800 Sqft
  • .04 Acres
  • 113 DOM

328 Chestnut St

328 Chestnut Street, Reading PA offers 8 self-storage units, each sized at 9x20 with one double unit, providing tenants with generous and functional space. The property benefits from newer doors and a recently updated roof, reducing near-term capital expenditure and appealing to long-term renters seeking secure, well-maintained storage solutions. Current income stands at $13,912 with a net operating income (NOI) of $10,592.74, reflecting a current CAP rate of 7%. Under pro forma projections, income reaches $17,000 and NOI improves to $13,600, yielding a pro forma CAP rate of 9%. This low-maintenance asset presents an ideal opportunity for investors targeting strong cash flow and stable occupancy. Additional properties in the portfolio include: 826 Hampden – 17 units 824 Ritter – 13 units 511 Birch – 10 units 340 Locust – 18 units 333 Lombard – 34 units 1536 Haak – 36 units 625 N. 13th – 22 units 1128 Pike – 34 units 1200 N 9th Street – 66 units 306 N 13th Street – 1 unit 1541 Fairview – 8 units 635-R Weiser – 1 unit 521 S 16th Street – 10 units 328 Chestnut – 8 units 1214 Weimer – 10 units 741 Church – 12 units 330 Robeson - 1015 Rose – 96 units 364 Blair – 86 units

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Essential Information

  • MLS® #PABK2060554
  • Price$150,000
  • Bathrooms0.00
  • Square Footage1,800
  • Acres0.04
  • Year Built1900
  • TypeCommercial Sale
  • Sub-TypeSpecial Purpose
  • StatusActive

Community Information

  • Address328 Chestnut St
  • AreaReading City
  • CityREADING
  • CountyBERKS-PA
  • StatePA
  • MunicipalityREADING CITY
  • Zip Code19602

Interior

  • HeatingNone
  • CoolingNone

Exterior

  • ExteriorFrame
  • ConstructionFrame

Additional Information

  • Date ListedJuly 28th, 2025
  • Days on Market113
  • ZoningR-3

Listing Details

  • OfficeKW Commercial
  • Office Contact2156641091
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Listing information last updated on November 18th, 2025 at 3:11pm CST.