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Hair Salon 402 Morgantown Rd 1,861 SF Retail Building Reading, PA 19611 $289,900 ($155.78/SF)

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EXECUTIVE SUMMARY

This is the opportunity your business has been waiting for! A fully operational, turn-key salon located on a high-traffic road and ready for its next owner. 402 Morgantown Rd offers endless possibilities—expand services into the second floor, or live upstairs while running your business from home. Situated directly on Route 10 off Lancaster Ave and just over the bridge into the City of Reading, this prime location is ideal for driving consistent customer traffic. The first floor has been thoughtfully designed for salon use, featuring a welcoming reception area, four service stations, and two hair-washing stations. Additional conveniences include a full kitchen, full bathroom, and laundry room. Step outside to the separately deeded side lot (404 Morgantown Rd), which offers exciting potential for future construction, expanded parking, or even outdoor events. Upstairs, the second floor provides three bedrooms and a full bathroom, which could easily serve as a personal residence or be converted into private service rooms. A rear bedroom features a private balcony overlooking the side lot. The third floor adds even more flexibility with an open space perfect for a fourth bedroom, office, or creative use. Practical updates have already been completed, including new roofs installed in 2017 and added central AC on the first floor. With both parcels located in the C-H Commercial Highway Zoning District, a variety of business and residential uses are possible. Don’t miss this rare chance to own a versatile property in a great location—schedule your tour today! Property is currently operating as a Salon, 24 hour notice preferred for showings. Available as turn key Salon could also be used as a residence or to run as another business. 404 Morgantown Rd is a separate parcel being included in sale of the property. Both properties are located in the C-H Commercial Highway Zoning District.

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Taxes - -
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,861 SF
Building Class
C
Year Built
1930
Price
$289,900
Price Per SF
$155.78
Tenancy
Multiple
Building Height
3 Stories
Zoning
Residential

NEARBY MAJOR RETAILERS

Citizens Bank
CTown

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
18-5306-59-84-4071
Land Assessment
$19,400
Improvements Assessment
$48,800
Total Assessment
$68,200
  • Listing ID: 37841433

  • Date on Market: 9/26/2025

  • Last Updated:

  • Address: 402 Morgantown Rd, Reading, PA 19611

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