Agent profile image in chat bubble
Agent profile image in chat header

IDX Support

sales rep | Brivity IDX

Agent profile image in message

502 Fairview St , Reading, PA 19605
$950,000
Est. Payment: $5,132.06/mo
2900 Sqft
0.22 Acres
Status: active | Days on site: 187
Get Pre-Qualified
CBSLCT-W - 3358166
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from IDX Support, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.

House Description

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.

Highlights

Listed by Shon Elk , 6106373367 Coldwell Banker Realty , 6103739900. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.22

Year Built

2003

County

Berks

Area

Muhlenberg Twp (10266)

School District

Muhlenberg

Listing ID

PABK2071472

Questions about this listing?

Contact Agent

Interior Features

Air Cond:Central A/C
Fireplaces:
Floor:Ceramic Tile
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Garage Capacity:28
Zoning:COMMERCIAL
Roof:Shingle
Others:
  • ▪ Additional:Excellent
Sewer:Public Sewer
Parking Features:Handicap Parking,Paved Parking,Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$5,132
Taxes
$596

Home Price

$950,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$190,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,132.06

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,132.06 $596.17 $0.00 $5,728.23
Yearly $61,584.77 $7,154.00 $0.00 $68,738.77
Total $1,847,543.20 $214,620.00 $0.00 $2,062,163.20
Lender profile image
Chico Gordy
Test
GET PRE-QUALIFIED

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Nov 2026

Average Price

All Price Ranges
N/A
Nov 2026

Average Days on Market

All Price Ranges
N/A
Nov 2026
Market insight data is pulled from the same city as the listing being viewed (Reading, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T21:11:33.000Z

© 2026 Bright MLS