Property summary
This exceptional investment opportunity presents a thriving full-service restaurant and bar situated on a 1.09-acre lot in Boyertown, Pennsylvania. The property, located at 1013 Reading Ave, boasts 8,211 square feet of space spread across two buildings and two stories, offering ample room for dining, entertainment, and kitchen operations. The main building houses a spacious, fully equipped kitchen and bar, ready to accommodate any culinary concept. An expansive outdoor deck, complete with its own bar, provides additional seating and a perfect setting for al fresco dining and events. Adding significant value, a recent connection to the public sewer system, estimated at $600,000, eliminates ongoing septic concerns. Included in the sale is a charming two-bedroom single-family home, providing additional living space or potential rental income. Furthermore, a vacant lot offers the possibility of expanding parking or future development. Built in 1920 and extensively renovated in 2020, this property is zoned for commercial use and features two parcels with three total lots, identified by APN numbers 41-5386-09-15-6971 and 41-5386-09-15-59. The asking price for this turnkey operation is $1,000,000. This is a rare opportunity to acquire a well-established, high-potential business with significant upgrades and substantial land in a desirable location.
Property profile
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Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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