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    1450 Friedensburg Road

    READING, PA 19606
    • $625,000
    • STATUS: Active
    • ON SITE: 66 days
    • ID#: PABK364738
    UPDATED: 35 min ago
    $625,000
    • 0
      BEDS
    • 0.43
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,400
      SQFT
    • $98
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1910
    County:

    School Ratings & Info

    School District:

    Description

    Fully operating, very successful restaurant/bar for sale! 2 options for purchasing. Culinary graduate/owner for 30 years is retiring. Sale includes 3 rental units generating an additional $2,535 per month. Gas heating in main building with two of the units just 5 years old. A serious, extremely desirable opportunity for the right buyer. Morning showings only. 48 hour notice required. Listor must accompany. Proof of funds required before any showings. Bixler's Lodge. Photos were taken before business hours for liability reasons. Creative financing a possibility! Utilizing current zoning to: A) Use as a multi-stream income property plus renting out the lower level restaurant @ $625,000 OR B) Creating one of a multitude of commercial ideas possible with this property - 34 parking spaces included @ $495,000. New roof on main building.

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    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-12-01T14:53:39.86.
    www.seeinsidethehouse.com/homes/110413114
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    1450 Friedensburg Road READING, PA 19606

    • Price: $625,000
    • Status: Active
    • Updated: 35 min ago
    • ID#: PABK364738
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.43
    Acres
    6,400
    SQFT
    $98
    $/SQFT
    1910
    Built
    Neighborhood:
    Lower Alsace Twp (10223)
    County:
    Berks
    Area:
    Lower Alsace Twp (10223)
    School District:
    Antietam
    Property Description
    Fully operating, very successful restaurant/bar for sale! 2 options for purchasing. Culinary graduate/owner for 30 years is retiring. Sale includes 3 rental units generating an additional $2,535 per month. Gas heating in main building with two of the units just 5 years old. A serious, extremely desirable opportunity for the right buyer. Morning showings only. 48 hour notice required. Listor must accompany. Proof of funds required before any showings. Bixler's Lodge. Photos were taken before business hours for liability reasons. Creative financing a possibility! Utilizing current zoning to: A) Use as a multi-stream income property plus renting out the lower level restaurant @ $625,000 OR B) Creating one of a multitude of commercial ideas possible with this property - 34 parking spaces included @ $495,000. New roof on main building.
    Exterior Features

    Architectural Style Traditional Construction Materials Stone Exterior Features Outbuilding(S) Garage YN No Location Type Corner Lot/Unit Other Structures Above GradeBelow Grade Parking Features Paved ParkingPaved Driveway Parking Types Parking Lot Pool No Pool Property Condition Very Good Riparian Rights YN No Road Responsibility Public Roof Asbestos Shingle View Other Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 6400 Basement DaylightFullFully Finished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Wall Unit Fireplaces Total 0 Flooring Hardwood Heating Other Heating YN Yes Inclusions All Pertinent Equipment; Goodwill Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 0 Walls Ceilings Dry WallPlaster WallsOther

    Property Features

    Acceptable Financing CashNegotiableOther Accessibility Features 2+ Access Exits Assessment Year 2020 Association YN No Central Air YN No Cooling Fuel ElectricNatural Gas Electric 200+ Amp Service Heating Fuel Natural Gas Hot Water Natural Gas Incorporated City Name Lower Alsace Twp Navigable Water YN N New Construction YN No Number Of Units Total 2 Original MLSNumber 304317636614 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Quadruplex Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 7924.00 Tax Assessment Amount 133300.00 Tax Lot 6873 Vacation Rental YN No Water Source Public Zoning Comml

    Listing courtesy of Pagoda Realty & Property Management.


    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-12-01T14:53:39.86.
     
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    Keller Williams Real Estate
    6 State Route 173, Suite 202
    Clinton NJ, 08809