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$550,000

  • For Sale
  • Active
  • Business
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Prime opportunity to acquire Sunrise Laundromat, an established laundry business at 121 S 5th St, in Reading, PA. The sale includes everything: the real estate, the business and equipment. Situated in a dense populated corridor, within the city of Reading, this location benefits from strong walkability, consistent neighborhood demand, and limited in-home laundry access in the immediate trade area. The business has history of strong customer base and on-site equipment in place. The layout is designed for efficient customer flow and ease of maintenance. offering a mix of washers and dryers suitable for everyday residential use and larger loads. The property is positioned to support steady year-round traffic and provides opportunity for continue cash flow with upside through operation enhancements. This offering is ideal for owner-operator seeking hands on management or an investor looking to add a stable service-based business to their portfolio. There is potential to increase revenue through extended hours, pricing adjustments, wash and fold services, vending additions, or modernization/upgrades of existing equipment (buyer to verify). Financial information, equipment details and operating metrics available upon request.

Full Property Details for 121 S 5th St

General

  • Price: $550,000
  • Taxes: $2,038 (2024)
  • Status: Active
  • Type: Business
  • Source: BrightMLSPhilly
  • MLS ID: PABK2068214
  • Updated: 3/6/2026
  • Added to Site: 46 day(s) ago

Business

  • Business Type: Other

Interior

  • Flooring: Tile/Brick

Additional Information

  • Security/Safety: Carbon Monoxide Detector(s), Electric Alarm, Main Entrance Lock, Security System, Smoke Detector
  • Equipment: See Remarks
  • Other Features: Computer Room, Office, Security System

Parking

  • Parking Type: On Street

Location

  • Area: Reading City (10201)
  • Municipality: READING CITY
  • County: BERKS
  • Driving Directions: Penn St to S 5th St

School Information

  • School District: Reading

Heating & Cooling

  • Cooling Type: Other
  • Cooling Fuel: Other
  • Heating Type: Other
  • Heating Fuel: Other
  • Water Heater: Other

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Brick
  • Foundation: Other
  • Roof: Other
  • Building Size: 3484
  • Current Bldg. Use: Other
  • Year Built: 1975
  • Year Built Source: Estimated

Unit Information

  • # Tenants: Multiple

Lot Features

  • Lot Size (Acres): 0.08
  • Lot Size (Sq. Ft.): 3,484
  • Lot Size Source: Assessor
  • Zoning: MULTI

Financial Considerations

  • Price Per Sq. Ft.: $157.86
  • School Tax: $1,381
  • City/TownTax: $1,396
  • City/TownTax Freq: Annually
  • Tax w/Assessment: $77,000
  • Tax Amount: $2,038
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Other
  • Inclusions: Real estate and all equipment associated with laundromat business
  • Lot Number: 9342

Listed by Pagoda Realty, Jimmy Thelusca

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Listing agent

— 121 S 5th St —

  • 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 121 S 5th St

School District:Reading School District
NameGradesDistance
Tyson-Schoener El School
315 South 5th Street, Reading, PA 19602
PK-40.2 mi
Southwest Ms
300 Chestnut Street, Reading, PA 19602
5-80.2 mi
Reading Senior High School
801 North 13th Street, Reading, PA 19604
9-121.3 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 121 S 5th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/17/2026
Listed
$550,000
46.67%
MLS
7/29/2021
Sold
$375,000
—
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 121 S 5th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,090
3%
$77,000
—
2024
$2,038
-39%
$77,000
—
2023
$3,366
—
$77,000
—
2022
$3,366
—
$77,000
—
2021
$3,366
1%
$77,000
—
2020
$3,332
—
$77,000
—
2019
$3,332
—
$77,000
—
2018
$3,332
1%
$77,000
—
2017
$3,310
1%
$77,000
—
2016
$3,270
5%
$77,000
—
2015
$3,116
1%
$77,000
—
2014
$3,079
—
$77,000
—
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.

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with our affiliated lender
NMLS#: 1598647

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Listed by Pagoda Realty, Jimmy Thelusca

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121 S 5th Street, Reading, PA 19602 (MLS# PABK2068214) is a Business property. 121 S 5th Street is currently listed for $550,000 and was received on February 17, 2026. Want to learn more about 121 S 5th Street? Do you have questions about finding other Business 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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