2201 & 2207 Perkiomen Avenue Reading, PA $ 799,900
2201 & 2207 Perkiomen Avenue
$ 799,900
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2201 & 2207 Perkiomen Avenue

Reading, PA, 19606
$ 799,900
Baths0.0 Sq 2,783

Monthly Estimate*

$ 5,316

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Studio

Commercial Property for sale in Reading, PA

for $799,900. This 2,783 square foot building was built in 1920 on a lot size of 0.48.

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.

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Commercial Active

Price

$ 799,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 9,774

Style

Restaurant/Bar

Lot Size

0.48

Year Built

1920

Town/City

Reading

County/Region

Berks

MLS | Web ID

PABK2041726

Features
Interior
Heating Fuel Oil
Hot Water Other
Heating Y/N Y
Street Suffix AVENUE
Central Air Y/N Y
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General
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
Municipality MT PENN BORO
Business Type Restaurant/Bar
Accessibility None
County BERKS
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Drive from US-422 E Franklin St and US-422 BUS E/Perkiomen Ave to Mount Penn
City READING
Buyer Agent Compensation 2.5
Total Units 2
MLS Area Mt Penn Boro (10264)
Lot Size Square Feet 20908.00
Waterfront Y/N N
Street Name PERKIOMEN
Tax Annual Amount 9774.0
Price Per Sq Ft Total 287.42
Vacation Rental Y/N N
Days on Market 41
Standard Status Active
Year Built Source Estimated
Tax Lot 3798
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Inclusions R Liquor License Equipment
Type of Parking Parking Lot
Water View Y/N N
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 N
Water Oriented Y/N N
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Internal Only
Street Number 1 2201
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* Excluded Features
List By
Century 21 Gold

Broker

gcarbon@c21gold.com

Email

Affordability Calculator

$6,131
Per Month
87%
13%
0%
Monthly Principal & Interest
$5,316
Monthly Property Taxes
$815
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/8/2024$799,900 Listed Price

Map


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2201 & 2207 Perkiomen Avenue, Reading, PA, 19606 is a Commercial Property for sale at $799,900 with 2,783 sqft and a lot size of 0.48. 2201 & 2207 Perkiomen Avenue is a studio with 0.0 baths and was built in 1920. The property's zip code is 19606 which is in Reading, PA