Views - Seller Financing
Listed By:
Pagoda Realty
Address
2619 Hill Road, Reading, PA
Price
$ 1,580,000
Property Attributes
  • MLS#PABK2026770
  • TypePending
  • CountyBERKS
  • CityReading
  • AreaLower Alsace Twp
  • Zip19606
  • StyleBanquet Facility/Lodge,Bed and Breakfast,Restauran
  • Year Built1890
  • Taxes$ 27863
  • Price$ 1,580,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage9500
  • Lot Size14.17 Acres
Data Source:
Bright MLS
Property Description

Seller finance is an option. A unique opportunity to own a one-of-a-kind property that is much more than just an investment, it is a destination! Well known in Berks County previously as Captains Cove and Mountain Springs Restaurant. This restaurant, bar and venue space and all restaurant equipment to get you started. 3 parking lots for 110 vehicles. Inside and outside seating. Also, features its own natural spring located on premises. This location offers unlimited potential as it is situated on over 14 acres nestled in the hills of Mt. Penn. To those that dont know Mt. Penn is one of Berks Countys most active spots. The mountain features over 4,000 acres of mountain preserves with daily visitors to the 40+ miles of trails great for hiking and biking. The mountain caters to events round year such as The Reading Liederkranz Oktober Fest, part of Berks Jazz Fest, The Annual Duryea Hill Climb to name a few. The constant happenings on the mountain continue to bring locals and tourist to the area! This one has it all. Location. Equipment. Local notoriety. Space to grow.

Price History
2/22/2023 Listed $1,999,999
10/13/2023 21% - $1,580,000

General Features

Sewer On Site Septic
Heating Forced Air
Cooling Central A/C
Possession Negotiable
Roof Metal,Shingle,Rubber
Zoning 4281 COMMERCIAL
Construction Materials Mixed
Year Built 1890
View Trees/Woods
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Banquet Facility/Lodge,Bed and Breakfast,Restaurant/Bar
Accessibility Other
County BERKS
New Construction No
Property Type Commercial Sale
Possible Use Bar/Tavern/Lounge,Beer/Wine/Liquor,Commercial,Food & Beverage
Water Access Y/N No
Property Use Investment
Status PENDING
Directions Perkiomen Ave east,left on Hill Rd,Property on left.
ModificationTimestamp 2024-05-01T09:48:23
City READING
Buyer Agent Compensation 2.5
MLS Area Lower Alsace Twp (10223)
Lot Size Square Feet 617245.20
Tax Assessed Value 436600.0
Waterfront Y/N No
Street Name HILL
Tax Annual Amount 27863.0
Price Per Sq Ft 243.08
Acceptable Financing Cash,Conventional,Negotiable,Seller Financing
Vacation Rental Y/N No
Days on Market 423
Location Type Rural
Standard Status Pending
Year Built Source Estimated
Tax Lot 1041
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Propane - Owned
Hot Water Electric
Heating Y/N Yes
Street Suffix ROAD
Central Air Y/N Yes

Exterior Features

Parking Features Handicap Parking,Private
Lot Features Backs to Trees,Cleared,Mountainous,Partly Wooded,Road Frontage,Subdivision Possible,Trees/Wooded
Water Source Well
Inclusions All Equipment.
Total Parking Spaces 110
Type of Parking Parking Lot
Land Use Code 4281
Water View Y/N No
Building Area Total 6500.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 14.17
Road Surface Type Paved
Lot Size Units Square Feet
Lot Size Source Estimated
Road Responsibility Boro/Township
Land Assessed Value 73800.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor
Car Parking Spaces 108

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 19606

Price
AVG $270K
$1.58M
Taxes
AVG $4,720
$27,863
Visits
AVG 99
124
Data Provided by Inside Real Estate®
Year Built
AVG 1964
1890

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