2201 & 2207 Perkiomen Avenue

READING, PA 19606

  • 0 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 20908
    Sqft(Lot)
$699,900

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.

  • Property Type

    Multi-Family

  • County

    BERKS

  • Style

    Traditional

  • AD ID

    49724555

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Property Details

  • Water/Sewer

    • Water Source : Public

    Heating & Cooling

    • Cooling: Central A/C
    • Heating: Radiator
    • Cooling Fuel: Electric
    • Heating Fuel: Oil

  • Building Information

    • Year Built: 1982
    • Structure: Detached
    • New Construction: No
    • Total Units: 2
    • Built: 1982
    • Construction Material: Mixed,Brick
    • Foundation/Basement: Other
    • Architecture: Traditional
    • Pool/Private: No Pool

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Other

  • Lot Information

    • Lot Size: 20,908
    • Dimensions: 0.00 x 0.00
    • Lot Size (Acres): 0.48
    • Architectural Style: Traditional
    • Main Square Feet: 20,908

    Property Information

    • SQ ft: 2,783
    • SQ ft (Living Area): 2,783
    • Total Lot SQ ft: 20,908
    • Financing: Cash,Conventional,FHA,PHFA,Private,VA
    • Appx. Lot Dimensions: 0.00 x 0.00
    • Total Acreage: 0.48
    • New Construction: No
    • Type: Traditional

  • Listing Information

    • Possession: 31-60 Days CD
    • Days Of Market: 2

  • Tax Information

    • Annual Tax: $15,100
    • Tax Year: 2025
    • Total Taxes Payment Frequency: Annually

    Possession

    • 31-60 Days CD

    Assessment Information

    • Taxes Assessment Amount: $143,600

  • Parking Information

    • Parking Type: Driveway,Off Site,On Street,Parking Lot

    Multi-Unit Information

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

    Homeowners Association Information

    • Direction: Drive from US-422 E, Franklin St and US-422 BUS E/Perkiomen Ave to Mount Penn

  • School Information

    • School District: ANTIETAM

    Utility Information

    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: Electric
    • Heating Fuel: Oil
    • Hot Water: Other

    Location Information

    • Direction: Drive from US-422 E, Franklin St and US-422 BUS E/Perkiomen Ave to Mount Penn
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BuyOwner last updated this listing 05/15/2025 @ 13:04

  • MLS: PABK2057358
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is for sale, it has 0 sqft, 20,908 sized lot, and 0 parking. are nearby neighborhoods.