2201 & 2207 Perkiomen Ave, READING, PA 19606
Local realty services provided by:ERA OakCrest Realty, Inc.
2201 & 2207 Perkiomen Ave,READING, PA 19606
$699,900
- 4 Beds
- - Baths
- 2,783 sq. ft.
- Multi-family
- Active
Listed by:gilbert w carbon
Office:century 21 gold
MLS#:PABK2057358
Source:BRIGHTMLS
Price summary
- Price:$699,900
- Price per sq. ft.:$251.49
About this home
Well established Restaurant and Tavern for over 65 years with "R" Liquor License and its own private rear parking lot which can accommodate 29 vehicles. The restaurant seats approximately 60-65 people. There are also tables and chairs in the bar area in addition to 13 bar stools. The bar is well stocked with everyone's favorite liquor and beers and also has a 6 handle draft system. The dining room consists of several tables and chairs that can be configured for a quiet dinner or rearranged for a private function. There is a gas fireplace in the dining room for additional ambiance. Currently the restaurant is open Thursday-Saturday, but has the potential to be open 7 days a week with an "R" Liquor License. The restaurant boosts a full kitchen with, 6 burner gas stove/oven, broiler. steam table, deep fryer, dishwasher, 2 bay sink, handwashing sink, bain-marie, stand alone refrigerator and freezer, as well as a walk in fridge and walk in freezer. All items will convey with the sale of the real estate as they are owned and not leased. All cookware, dishes, glasses and shelving for storage will also convey with the sale. Patrons can also enjoy their dinner and libations on the outdoor patio. The patio can accommodate another 20-25 people. The second floor is currently being used as a cigar lounge that is open Tuesday-Saturday. It features a well stocked humidor and the opportunity to indulge in a top shelf cocktail while enjoying your premium cigar. There is a full bar upstairs that is covered with the "R" Liquor license as well. It has been rented for private events, meetings, etc. with Wi-Fi availability. Next to the restaurant is a detached 3-4 bedroom home which is on the same deed but has its own tax ID# and is currently rented. There is also an additional free standing, 2 story building/workshop roughly 22' x 28' located in the rear of the parking lot. This building has it's own electric, water/sewer and heat. It would be an ideal set-up for a contractor, plumber or anyone else in the trades business, as well as a professional business. Currently this building is not rented. Rent alone for these properties has the potential to bring in revenues of $50,000+/year. The taxes, assessed values and acreage reflect both Tax ID #s. ALL REASONABLE OFFERS WILL BE CONSIDERED! Breakdown of rents would be the following: 1 Bedroom apt attached to restaurant
$1000 minimum/month, 3-4 bedroom free standing house $1600 minimum/month and free standing building in rear of parking lot $1800 minimum/month. Building in the rear of parking lot needs a total renovation but has newer roof. One bedroom apartment and free standing house need updating.
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Home facts
- Year built:1982
- Listing Id #:PABK2057358
- Added:83 day(s) ago
- Updated:August 05, 2025 at 02:08 PM
Rooms and interior
- Bedrooms:4
- Living area:2,783 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Oil, Radiator
Structure and exterior
- Year built:1982
- Building area:2,783 sq. ft.
- Lot area:0.48 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$699,900
- Price per sq. ft.:$251.49
- Tax amount:$15,100 (2025)
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