2201 & 2207 PERKIOMEN AVE, Reading, PA 19606 - MLS#PABK2041726

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Olson Realty

[email protected] +1(302) 448-6000

$749,900

Est. payment - /mo

2,783 SqFt

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UPDATED:

10/18/2024 02:46 PM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 2,783 sqft

Price per Sqft $269

MLS Listing ID PABK2041726

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $10,333

Tax Year 2024

Lot Size 0.480 Acres

Acres 0.48

Lot Dimensions 0.00 x 0.00

Property Description

Well established Restaurant and Tavern for over 65 years with "R" Liquor License and its own private rear parking lot which can accommodate 29 vehicles. The restaurant seats approximately 60-65 people. There are also tables and chairs in the bar area in addition to 13 bar stools. The bar is well stocked with everyone's favorite liquor and beers and also has a 6 handle draft system. The dining room consists of several tables and chairs that can be configured for a quiet dinner or rearranged for a private function. There is a gas fireplace in the dining room for additional ambiance. Currently the restaurant is open Thursday-Saturday, but has the potential to be open 7 days a week with an "R" Liquor License. The restaurant boosts a full kitchen with, 6 burner gas stove/oven, broiler. steam table, deep fryer, dishwasher, 2 bay sink, handwashing sink, bain-marie, stand alone refrigerator and freezer, as well as a walk in fridge and walk in freezer. All items will convey with the sale of the real estate as they are owned and not leased. All cookware, dishes, glasses and shelving for storage will also convey with the sale.
Patrons can also enjoy their dinner and libations on the outdoor patio. The patio can accommodate another 20-25 people.
The second floor is currently being used as a cigar lounge that is open Tuesday-Saturday. It features a well stocked humidor and the opportunity to indulge in a top shelf cocktail while enjoying your premium cigar. There is a full bar upstairs that is covered with the "R" Liquor license as well. It has been rented for private events, meetings, etc. with Wi-Fi availability.
Next to the restaurant is a detached 3-4 bedroom home which is on the same deed but has its own tax ID# that is currently rented. There is also an additional free standing, 2 story building/workshop roughly 22' x 28' located in the rear of the parking lot. This building has it's own electric, water/sewer and heat. It would be an ideal location for a contractor, plumber or anyone else in the trades business, as well as a professional business. Currently this building is not rented.
Rent alone for these properties has the potential to bring in revenues of $50,000+/year. The taxes, assessed values and acreage reflect both Tax ID #s. ALL REASONABLE OFFERS WILL BE CONSIDERED!

Location

State PA

County Berks

Area Mt Penn Boro (10264)

Zoning C-1

Interior

Hot Water Other

Heating Radiator

Cooling Central A/C

Inclusions "R" Liquor License, Equipment

Heat Source Oil

Exterior

Garage Spaces 29.0

Water Access N

Accessibility None

Total Parking Spaces 29

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Antietam

Others

Tax ID 64-5316-07-77-3798 & 64-5316-07-77-4749

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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Listed by Gilbert W Carbon • Century 21 Gold

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Olson Realty

+1(302) 448-6000

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