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MLS# PABK2071472

Status: ACTIVE
502 FAIRVIEW ST
READING, PA 19605
$1000000.00

Commercial Sale
Year Built: 2003
Sq Ft: 2900.00
Building Area: 2900.00
Acres: 0.22
Contact:
Shon Elk
Coldwell Banker Realty
Phone:   6103739900
Photos
Map
Prime Commercial Opportunity on 5th Street Highway Seize the opportunity to establish your business in this high-visibility, former restaurant located directly on the bustling 5th Street Highway corridor. Offering a "practically new" blank slate, this property has undergone extensive recent renovations, leaving only your final personal touches to complete the vision. Property highlights include a complete infrastructure overhaul (2025). Move in with peace of mind knowing the heavy lifting is done. The building features a brand-new roof, new HVAC system, new plumbing, new water heater, and a heavy-duty 400-amp electric service. Modern interior finishes have been refreshed with new ceramic tile flooring, new drywall and paint and new lighting throughout. Updated facilities including new bathrooms complete with modern fixtures and ADA compliance. Drive-Thru Capability (equipped with a drive-through window) makes this perfect for high-volume food service, coffee shops, or pharmacy needs. The main parking lot and an additional second parking lot located directly across the street have both been newly sealed and striped. This will ensure ample room for staff and clientele. Situated in a high-traffic area, this property is zoned for Commercial use. Subject to zoning approval, the versatile layout is ideal for a variety of ventures, including bar, tavern, or restaurant, medical or dental office, day care center, professional services, retail store or convenience store. This sale includes the parcel at 438 Fairview St which is the second parking lot. This is a rare chance to skip the long renovation timelines and jumpstart your business in a prime Muhlenberg Township.

Additional Features

Property Condition: Excellent
School District Name: MUHLENBERG
Directions: From 5th St Hwy, turn on Wilson St and then left on Fairview.
MLS Area: Muhlenberg Twp (10266)
Tax ID Number: 66-5308-12-75-8179
Zoning: COMMERCIAL
Ownership Interest: Fee Simple
Hot Water: Electric
Roof: Shingle
Parking Features: Handicap Parking,Paved Parking
Heating Type: Forced Air
Flooring Type: Ceramic Tile
Construction Materials: Concrete,Frame,Shake Siding,Wood Siding
Cooling Type: Central A/C
Sewer Septic: Public Sewer
Water Source: Public
Listing Entry Date: April 30, 2026
Tax Annual Amount: 7154.00
Tax Assessed Value: 137000.00
Tax Year: 2026
Price Per SQFT: 344.83