Property

Reading, PA 19606 2201 & 2207 Perkiomen Avenue

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Presented By: Century 21 Gold
  • MLS# PABK2057358
  • 05/14/2025
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  • Beds • 4

Home Details

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.
Presented By: Century 21 Gold

Interior Features for 2201 & 2207 Perkiomen Avenue

Bedrooms

Three Bedroom Units Count1

Other Interior Features

LivingAreaSourceEstimated
Central Air Y/NYes
Fireplace Y/NNo
Heating FuelOil
Heating Y/NYes
Hot WaterOther

General for 2201 & 2207 Perkiomen Avenue

Acceptable FinancingCash, Conventional, FHA, PHFA, Private, VA
AccessibilityNone
Architectural StyleTraditional
CityREADING
Construction MaterialsMixed, Brick
Cool FuelElectric
CoolingCentral A/C
CountyBERKS
DirectionsDrive from US-422 E, Franklin St and US-422 BUS E/Perkiomen Ave to Mount Penn
Garage Y/NNo
HeatingRadiator
Home Warranty Y/NNo
Lot Size Square Feet20908.00
Lot Size UnitsSquare Feet
MLS AreaMt Penn Boro (10264)
ModificationTimestamp2025-05-14T11:33:53
MunicipalityMT PENN BORO
New ConstructionNo
Number Of Units Total2
One Bedroom Units Count1
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
Possession31-60 Days CD
Price Per Sq Ft Total AG251.49
Property SubtypeTriplex
Property TypeMulti-Family
School DistrictANTIETAM
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeDetached
Tax Annual Amount15100.0
Tax Assessed Value143600.0
Tax Lot3798
Tax Year2025
Total SQFT2783
Two Bedroom0
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1982
Year Built SourceEstimated
ZoningC-1

Exterior for 2201 & 2207 Perkiomen Avenue

Foundation DetailsOther
Land Assessed Value53600.00
Land Use Code4118
Lot Dimensions0.00 x 0.00
Lot Size Acres0.48
Lot Size SourceEstimated
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingDriveway, Off Site, On Street, Parking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Tina Torres

Broker/Owner
Price $699,900
MLS#PABK2057358
List Date 05/14/2025
Property Type Multi-Family
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