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    OFF-MARKET
    Turn key restaurants

    1013 Reading Ave, Boyertown, PA 19512-8146

    7,286 SF 0.57 ac lot Built 1920
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US73-1496599
    Property summary
    AI-generated overview

    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
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1920
    Construction FRAME
    Total area 7,286 SF
    Lot 0.57 ac (24,829 SF)
    APN 5386-09-15-6971
    UPID US73-1496599
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Boyertown Restaurant Properties LLC · 5 yrs held
    Boyertown Restaurant Properties LLC
    since 2021
    Last sale
    $100,000
    3 recorded transactions
    2021
    $100,000
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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