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535 Canal St Reading, PA 19602

Sponsored
For Sale
$950,000

Historic Restaurant, Event Space, Liquor License

Property size:
93,968 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional turn-key restaurant and event space, located at 535 Canal St in Reading, Pennsylvania, is being offered for sale for the first time. The property, condominium unit #3, encompasses 12,703 square feet of net rentable space, distributed across a main floor (11,409 sq ft) and a basement (1,294 sq ft). Built in 1905 and renovated in 2019, this Class C property boasts a prime location within the RR - Riverfront Redevelopment Overlay District, situated on a 0.87-acre lot (APN: 15-3064-28-86-3606). The five-story building offers seating for 250+ patrons and is well-established, with a strong reputation for hosting events, weddings, and meetings. An expertly equipped kitchen and an "R"-Liquor License are included in the sale price of $950,000 ($10.11/sq ft). The property is immediately available. This is a rare opportunity to acquire a thriving, established business in a desirable location. The total building square footage is 93,968 sq ft.

Property Features for 535 Canal St

General Information

Property type
Restaurants
Square Feet
93,968 SF
Class
C
Lot Size
37,897 SF

Building Details

Year Built/Renovated
1905/2019
Buildings
1
Stories
5
Units
1

HighLights

  • Condominium Unit #3: 12,703 SF (11,409 SF main floor + 1,294 SF basement).
  • Turnkey pub, restaurant, and event space.
  • Immediately available.
  • Includes an "R" liquor license.
  • Seats 250+.
  • Established reputation for events, weddings, and meetings.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Reading
County
Berks
State
Pennsylvania
Longitude
-75.9264298
Latitude
40.3255051

FAQs

What type of property is this?
Restaurant - Historic Restaurant, Event Space, Liquor License
Where is this restaurant located?
The property is located at 535 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: 12,703 SF (11,409 SF main floor + 1,294 SF basement).; Turnkey pub, restaurant, and event space.; Immediately available.
More about this property
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