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.
For sale
$699,900
2201 & 2207 Perkiomen Ave, Reading, PA 19606
4beds
--baths
2,783sqft
Est.:
Triplex
Built in 1982
-- sqft lot
$671,700 Zestimate®
$251/sqft
$-- HOA
What's special
Full kitchenPrivate rear parking lotOutdoor patio
- 29 days
- on Zillow |
- 724 |
- 18 |
Zillow last checked: 7 hours ago
Listing updated: May 14, 2025 at 04:33am
Listed by:
Gil Carbon 610-779-2500,
Century 21 Gold (610) 779-2500
Source: Bright MLS,MLS#: PABK2057358

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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
Basement
- Area: 0
Heating
- Radiator, Oil
Cooling
- Central Air, Electric
Appliances
- Included: Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 2,783
- Total interior livable area: 2,783 sqft
Property
Parking
- Parking features: Driveway, Off Site, On Street, Parking Lot
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 0.48 Acres
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 64531607773798
- Zoning: C-1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex
Materials
- Mixed, Brick
- Foundation: Other
Condition
- New construction: No
- Year built: 1982
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Reading
- Municipality: MT PENN BORO
Financial & listing details
- Price per square foot: $251/sqft
- Tax assessed value: $143,600
- Annual tax amount: $15,100
- Date on market: 5/14/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,PHFA,Private Financing Available,VA Loan
- Ownership: Fee Simple
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