502 Fairview St, READING, PA

$1,000,000

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2,900

Square feet

0.22

Acres

About 502 Fairview St

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.

Features of 502 Fairview St

MLS® # PABK2071472
Price $1,000,000
Bathrooms 0.00
Square Footage 2,900
Acres 0.22
Year Built 2003
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 502 Fairview St
Area Muhlenberg Twp
City READING
County BERKS-PA
State PA
Municipality MUHLENBERG TWP
Zip Code 19605

Amenities

Parking Handicap Parking, Paved Parking
Is Waterfront No

Interior

Heating Forced Air
Cooling Central A/C

Exterior

Exterior Concrete, Frame, Shake Siding, Wood Siding
Roof Shingle
Construction Concrete, Frame, Shake Siding, Wood Siding

Additional Information

Date Listed April 30th, 2026
Days on Market 75
Zoning COMMERCIAL
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Realty

Listing Map

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