Corner Bar with Apartment

1501 Elizabeth Avenue, Reading, PA 19605

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For Sale

$645,000

Established corner bar offering a liquor license, equipment, and an apartment with gaming machine income.

Type:Mixed Use

Property size:

99,999 SF

Price / SF:

$6/SF

HighLights

Established corner bar on a commercial‑zoned property with off‑site parking
Sale includes business, bar equipment, and an "R" liquor license
Multiple income streams including gaming machines plus an on‑site apartment
Year built 1921
Interior features include central air, ceiling fans, hardwood flooring, and heating

We can help!

Contact an agent

Richard Heffner

Learn more

For Sale

$645,000

Established corner bar offering a liquor license, equipment, and an apartment with gaming machine income.

Type:Mixed Use

Property size:

99,999 SF

Price / SF:

$6/SF

Added:: Jun 20, 2026
Days on Market:: 8
Last Refresh:: Jun 26 at 1:47 am

Property Features for 1501 Elizabeth Avenue

General Information

Standard status: Active
Size: 99,999 SF
Property subtype: Mixed Use

Building Details

Year Built: 1921

We can help!

Contact an agent

Richard Heffner

Listing office RE/MAX Of Reading

Listing date Jun 20, 2026

Source Xome

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Of Reading

HighLights

Established corner bar on a commercial‑zoned property with off‑site parking
Sale includes business, bar equipment, and an "R" liquor license
Multiple income streams including gaming machines plus an on‑site apartment
Year built 1921
Interior features include central air, ceiling fans, hardwood flooring, and heating

Overview

This offering is for an established corner bar operation that includes the business, equipment, and an “R” liquor license. In addition to the bar component, the property includes an apartment, creating a built-in mixed-use setup. The seller describes multiple income streams tied to gaming machines and the on-site residential unit.

The business is positioned as a corner bar in a suburban area. Per the provided remarks, the sale contemplates the transfer of the “R” license, equipment, and the business, with the building leased to a qualified buyer. Additional details on the lease structure are available upon request.

For an owner-operator or a buyer seeking to acquire a licensed bar operation bundled with equipment, this can be a practical fit given the inclusion of the “R” liquor license and the described gaming machine component. The apartment on-site may also appeal to buyers looking for residential income alongside bar operations, subject to the terms of any building lease and qualifications discussed by the seller.

Location Intelligence

Current Use by Public Records

Grumpy's Bar Bar & Pub

Suggested Use

Similar Places Nearby

Dynamic Chimney LLC — 1011 E Bellevue Ave, Laureldale, PA 19605
Grumpy's Bar — 1501 Elizabeth Ave, Reading, PA 19605
Shirley's Cafe & Tequila Bar — 1615 Duke St, Laureldale, PA 19605
Benjamin. Jay. Little — 3120 n 5th street hwy, reading, pa 19605
Berks Beer Outlet — 3325 Kutztown Rd, Reading, PA 19605

Location Insight

Map
Local Demand

City: Reading
County: Berks
State: Pennsylvania
Longitude: -75.9128219
Latitude: 40.3901439

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For sale
Bars & Pubs
PA
Reading
19605
1501 Elizabeth Avenue

What type of property is this?

Bar & Pub - Established corner bar offering a liquor license, equipment, and an apartment with gaming machine income.

Where is this bar & pub located?

The property is located at 1501 Elizabeth Avenue Reading, PA.

What is the asking price?

The asking price for this property is $645,000.

What are key features of this property?

This property features: Established corner bar on a commercial‑zoned property with off‑site parking; Sale includes business, bar equipment, and an "R" liquor license; Multiple income streams including gaming machines plus an on‑site apartment

1501 Elizabeth Avenue, Reading, PA 19605

Established corner bar offering a liquor license, equipment, and an apartment with gaming machine income.

Property Features for 1501 Elizabeth Avenue

General Information

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Six-Unit Apartment Building

Iconic Restaurant & Event Venue

Renovated Office Building with Elevator

Mixed-Use Twin with Retail and Apartment

6-Unit Multifamily Investment Property

Mixed-Use Property with Expansion Potential

Reading, PA - Income Property

Storefront Retail Property

Reading Multifamily Investment Opportunity

Corner Flex Office Building

Historic Residence in Callowhill District

Restaurant with Residential Upper Level

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