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$975,000

  • For Sale
  • Active
  • Commercial Service
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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.

Full Property Details for 1170 Perkiomen Ave

General

  • Price: $975,000
  • Taxes: $3,259 (2025)
  • Status: Active
  • Type: Commercial Service
  • Source: BrightMLSPhilly
  • MLS ID: PABK2068418
  • Updated: 3/6/2026
  • Added to Site: 42 day(s) ago

Business

  • Business Type: Other

Interior

  • Flooring: Tile/Brick

Additional Information

  • Security/Safety: Carbon Monoxide Detector(s), Main Entrance Lock, Smoke Detector
  • Equipment: See Remarks

Parking

  • Total Spaces: 10
  • Parking Features: Private, Public
  • Parking Type: Parking Lot

Location

  • Area: Reading City (10201)
  • Municipality: READING CITY
  • County: BERKS
  • Driving Directions: East on Penn St and merge onto Perkiomen Ave
  • Location Details: Other

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric, Natural Gas
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Water Heater: Electric, Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable TV, Cable TV Available, Electric Available, Natural Gas Available, Phone, Phone Available, Phone Connected, Sewer Available, Water Available

Structural Information

  • Construction: Brick
  • Foundation: Other
  • Roof: Other
  • Building Size: 1508
  • Year Built: 1960
  • Year Built Source: Estimated

Unit Information

  • # Tenants: Single
  • Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3

Lot Features

  • Property View: Street
  • Lot Size (Acres): 0.17
  • Lot Size (Sq. Ft.): 7,405
  • Lot Size Source: Assessor
  • Zoning: MULTI
  • Lot Description: Cleared, Open, Road Frontage, Other

Financial Considerations

  • Price Per Sq. Ft.: $646.55
  • Assessment Year: 2025
  • School Tax: $1,296
  • City/TownTax: $1,311
  • City/TownTax Freq: Annually
  • County Tax: $652
  • County Tax Freq: Annually
  • Tax w/Assessment: $72,300
  • Tax Amount: $3,259
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 5699

Listed by Pagoda Realty, Jimmy Thelusca

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Listing agent

— 1170 Perkiomen Ave —

  • Jimmy Thelusca

    Pagoda Realty

Listing Office Email: crstringer@msn.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1170 Perkiomen Ave

School District:Reading School District
NameGradesDistance
Southern Middle School, Reading, PA
931 Chestnut Street, Reading, PA 19602
5-80.2 mi
Amanda E Stout Elementary School
321 South 10th Street, Reading, PA 19602
PK-40.3 mi
Reading Senior High School
801 North 13th Street, Reading, PA 19604
9-121 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1170 Perkiomen Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/20/2026
Listed
$975,000
387.5%
MLS
12/10/2019
Sold
$200,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1170 Perkiomen Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,962
3%
$72,300
—
2024
$1,914
-39%
$72,300
—
2023
$3,161
—
$72,300
—
2022
$3,161
—
$72,300
—
2021
$3,161
1%
$72,300
—
2020
$3,129
—
$72,300
—
2019
$3,129
—
$72,300
—
2018
$3,129
1%
$72,300
—
2017
$3,108
1%
$72,300
—
2016
$3,071
5%
$72,300
—
2015
$2,926
1%
$72,300
—
2014
$2,891
—
$72,300
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1170 Perkiomen Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Pagoda Realty, Jimmy Thelusca

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1170 Perkiomen Avenue, Reading, PA 19602 (MLS# PABK2068418) is a Commercial Service property. 1170 Perkiomen Avenue is currently listed for $975,000 and was received on February 20, 2026. Want to learn more about 1170 Perkiomen Avenue? Do you have questions about finding other Commercial Service real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.

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