Bought with Jimmy Thelusca • Pagoda Realty ERA Powered
$700,000
$975,000
28.2%For more information regarding the value of a property, please contact us for a free consultation.
7,405 Sqft Lot
SOLD DATE : 09/24/2026
Key Details
Sold Price $700,000
Property Type Commercial
Sub Type Services
Listing Status Sold
Purchase Type For Sale
Subdivision None Available
MLS Listing ID PABK2068416
Sold Date 09/24/26
Year Built 1960
Annual Tax Amount $3,259
Tax Year 2025
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 0.00 x 0.00
Property Sub-Type Services
Source BRIGHT
Property Description
Prime opportunity to acquire The Missing Sock Laundromat, an established and operating laundry facility located at 1170 Perkiomen Ave in Reading, PA. Positioned along a well-traveled corridor with strong visibility and signage, this location benefits from steady drive-by exposure and convenient customer access. The property features ample on-site parking, a significant competitive advantage in an urban market. Customers enjoy easy pull in access an dedicated parking directly in front of the facility, enhancing convenience and repeat business. The laundromat is fully operational with equipment in place and an existing customer base. The layout is designed for efficient customer flow, clear sight lines and functionality. Large front facing windows provide natural light and storefront visibility, while prominent exterior signage strengthens brand recognition. Located in a dense residential area with a strong renter population, the business serves consistent neighborhood demand. this offering is well-suited for an owner-operator seeking immediate cash flow or an investor looking to expand and existing laundry portfolio. There is opportunity for continued revenue growth through operational efficiencies, pricing adjustments, equipment modernization, wash and fold service expansion, delivery partnerships or extended hours (buyer to verify). Financial information, equipment details and operating metrics available upon request.
Location
State PA
County Berks
Area Reading City (10201)
Zoning MULTI
Interior
Hot Water Electric, Natural Gas
Heating Central
Cooling Central A/C
Flooring Tile/Brick
Equipment See Remarks
Heat Source Electric, Natural Gas
Exterior
Garage Spaces 10.0
Utilities Available Cable TV, Cable TV Available, Electric Available, Multiple Phone Lines, Natural Gas Available, Phone Available, Phone Connected, Sewer Available, Water Available
Water Access N
Roof Type Other
Accessibility Other
Total Parking Spaces 10
Garage N
Building
Lot Description Corner
Foundation Other
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Reading
Others
Tax ID 03-5316-22-19-5699
Ownership Other
Security Features Carbon Monoxide Detector(s),Smoke Detector
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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