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Turn-Key Pub and Restaurant Unit
For Sale
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531 Canal St, Reading, PA 19602

Condominium unit offers a main level and basement event-capable setup with a fully equipped kitchen.

Property Size12,703 SF
Price / SF$74.79
Days on Market661

Property Features for 531 Canal St

General Information

Standard status Active
Size 12,703 SF
Property subtype RETAIL

Additional Details

Furnished Yes
Listing Agency: NAI Keystone Commercial & Industrial, LLC
Listed By: Steve Willems · License #RS206681L
Source: Moodyscre
Added: Nov 22, 2024 Changed: Sep 13 Last Checked: Sep 13 at 4:17AM

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 NAI Keystone Commercial & Industrial, LLC

Investment Insights

Based on property information with market context.

Condominium Unit #3 is offered for sale and includes a main floor plus a basement, totaling 12,703 square feet. The space is presented as a turn-key pub, restaurant, and event venue, and it includes an expertly equipped kitchen. The unit seats up to 250.

The property is described as popular for events, weddings, and meetings, and is available immediately. An “R” liquor license is also available.

This offering consists of the complete condominium unit configuration for Unit #3, including both the main level (11,409 SF) and basement (1,294 SF).

Key Highlights

  • Condominium Unit #3 includes 11,409 SF main floor plus 1,294 SF basement, totaling 12,703 SF.
  • Turn‑key pub, restaurant, and event space setup is available immediately.
  • Designed to seat 250+ for events, weddings, and meetings.

Property Analytics

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Open Analytics

Current Use

MMA Academy, Home ... Gym & Fitness Center Enchanted Fitness Gym & Fitness Center Interior Environments Furniture & Home Goods Too Lit Studios Recording Studio Expressing Journeys Thru ... Training Center

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Auto Parts Store Spa & Massage Center Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

917
Businesses Nearby
Well-served
Demand for This Use

Demographics for 19602, PA

19,782
Population
7,907
Households
2.5
Avg Household Size
32
Median Age
11%
College-Educated
71%
High-School Grad
2.0 sq mi
ZIP Area
9,891
Density / Sq Mi
$38,179
Median Household Income
$30,848
Median Earnings
$978
Median Rent
$73,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Similar Off Market Nearby

  • 501 Bar and Lounge 501 Upland Ave, Reading, PA 19611
  • Sokol's 411 crestmont st, reading, pa 19611
  • Trooper Thorn's Irish Beef House 451 Morgantown Rd, Reading, PA 19611
  • Reading Draft Birch Beer 614 gregg ave, reading, pa 19611
  • The Cocktail Corner on Carroll 201 Carroll St, Reading, PA 19611

Frequently Asked Questions

What type of property is this?
Bar & Pub - Condominium unit offers a main level and basement event-capable setup with a fully equipped kitchen.
Where is this bar & pub located?
The property is located at 531 Canal St Reading, PA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Condominium Unit #3 includes 11,409 SF main floor plus 1,294 SF basement, totaling 12,703 SF.; Turn‑key pub, restaurant, and event space setup is available immediately.; Designed to seat 250+ for events, weddings, and meetings.
(610) 779-1400 Call to check price and availability
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