Property profile

416 Penn Ave West Reading, PA 19611

OFF-MARKET
Bars & Pubs
Property ID
US73-1717717
22,220 SF 0.33 ac lot Built 1938
Entity Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1938
Total area 22,220 SF
Lot 0.33 ac (14,375 SF)
APN 5307-18-20-6047
UPID US73-1717717

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

416 Penn Ave West Reading, PA 19611-1130
West Reading metro Census 11200 READING, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1,000k
Blend (final) Blend
$555k

Owner & transaction history

since 2016
6 recorded transactions
2016
$435,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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