Address
2201 & 2207 Perkiomen Avenue, Reading, PA
Price
$ 799,900
Property Attributes
- MLS#PABK2041726
- TypeCommercial
- CountyBERKS
- CityReading
- AreaMt Penn Boro
- Zip19606
- StyleRestaurant/Bar
- Year Built1920
- Taxes$ 9774
- Price$ 799,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2783
- Lot Size0.48 Acres
Data Source:
Bright MLS
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.
| Price History | |
|---|---|
| 4/8/2024 | Listed $799,900 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Radiator |
| Cooling | Central A/C |
| Possession | 31-60 Days CD |
| Zoning | C-1 |
| Construction Materials | Brick,Stucco |
| Exclusions | Cigars,Alcohol,Personal Items |
| Year Built | 1920 |
| Property SubType | Other |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Business Type | Restaurant/Bar |
| Accessibility | None |
| County | BERKS |
| New Construction | No |
| Property Type | Commercial Sale |
| Water Access Y/N | No |
| Status | ACTIVE |
| Directions | Drive from US-422 E,Franklin St and US-422 BUS E/Perkiomen Ave to Mount Penn |
| ModificationTimestamp | 2024-05-18T03:58:24 |
| City | READING |
| Buyer Agent Compensation | 2.5 |
| Total Units | 2 |
| MLS Area | Mt Penn Boro (10264) |
| Lot Size Square Feet | 20908.00 |
| Tax Assessed Value | 143600.0 |
| Waterfront Y/N | No |
| Street Name | PERKIOMEN |
| Tax Annual Amount | 9774.0 |
| Price Per Sq Ft Total | 287.42 |
| Vacation Rental Y/N | No |
| Days on Market | 41 |
| Standard Status | Active |
| Year Built Source | Estimated |
| Tax Lot | 3798 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Oil |
|---|---|
| Hot Water | Other |
| Heating Y/N | Yes |
| Street Suffix | AVENUE |
| Central Air Y/N | Yes |
Exterior Features
| Water Source | Public |
|---|---|
| Inclusions | R Liquor License,Equipment |
| Total Parking Spaces | 29 |
| Type of Parking | Parking Lot |
| Land Use Code | 4118 |
| Water View Y/N | No |
| Building Area Total | 2783.00 |
| Lot Dimensions | 0.00 x 0.00 |
| Lot Size Acres | 0.48 |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Land Assessed Value | 53600.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
| Car Parking Spaces | 29 |
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 Commercial Average in 19606
Price
Taxes
Visits
Year Built
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