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Listed by Gilbert W Carbon • Century 21 Gold

$674,900

Est. payment - /mo

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2,783 SqFt

Active

2201 & 2207 PERKIOMEN AVE Reading, PA 19606

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Jonathan Greene

jonathan@trustgreene.com +1(973) 873-0734

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Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,783 sqft

Price per Sqft $242

MLS Listing ID PABK2063184

Style Traditional

Abv Grd Liv Area 2,783

Year Built 1982

Annual Tax Amount $15,637

Tax Year 2025

Lot Size 0.480 Acres

Acres 0.48

Lot Dimensions 0.00 x 0.00

Property Sub-Type Detached

Source BRIGHT

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# and 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 set-up 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! Breakdown of rents would be the following: 1 Bedroom apt attached to restaurant
$1000 minimum/month, 3-4 bedroom free standing house $1600 minimum/month and free standing building in rear of parking lot $1800 minimum/month. Building in the rear of parking lot needs a total renovation but has newer roof. One bedroom apartment and free standing house need updating.

Location

State PA

County Berks

Area Mt Penn Boro (10264)

Zoning C-1

Interior

Hot Water Other

Heating Radiator

Cooling Central A/C

Fireplace N

Heat Source Oil

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Other

Above Ground Finished SqFt 2783

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Antietam

Others

Tax ID 64-5316-07-77-3798

Ownership Fee Simple

SqFt Source 2783

Acceptable Financing Cash, Conventional, FHA, PHFA, Private, VA

Listing Terms Cash, Conventional, FHA, PHFA, Private, VA

Financing Cash,Conventional,FHA,PHFA,Private,VA

Special Listing Condition Standard

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Jonathan Greene

Broker of Record | License ID: 1433604

+1(973) 873-0734

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2201 & 2207 PERKIOMEN AVE Reading, PA 19606

Jonathan Greene

Key Details

Location

Interior

Exterior

Building

Schools

Others

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2201 & 2207 PERKIOMEN AVE