Views
Address
1450 Friedensburg Road Reading, PA
Price
$ 625,000
Property Attributes
  • MLS#PABK364738
  • TypeMulti-Family
  • CountyBERKS
  • CityReading
  • AreaLower Alsace Twp
  • Zip19606
  • StyleTraditional
  • Year Built1910
  • Taxes7924
  • Price$ 625,000
  • Bedrooms2
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.43 Acres
Listing Provided Courtesy Of:
Pagoda Realty & Property Management
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.

Price History
9/25/2020 Listed $625,000

General Features

Acceptable Financing Cash, Negotiable, Other
Accessibility 2+ Access Exits
Architectural Style Traditional
Construction Materials Stone
Cool Fuel Electric, Natural Gas
Cooling Wall Unit
County BERKS
Electric 200+ Amp Service
Exterior Features Outbuilding(s)
Flooring Hardwood
Garage Y/N No
Heating Other
High School District ANTIETAM
Location Type Corner Lot/Unit
MLS Area Lower Alsace Twp (10223)
New Construction No
One Bedroom Units Count 2
Other Structures Above Grade, Below Grade
Other Units Unit 1, Unit 2, Unit 4, Unit 3
Ownership Fee Simple
Parking Features Paved Parking, Paved Driveway
Possession Negotiable
Price Per Sq Ft 97.66
Property SubType Quadruplex
Property Type Multi-Family
PropertyCondition Very Good
Real Estate Owned Y/N No
Roof Asbestos Shingle
Sewer Public Sewer
Structure Type Detached
Tax Year 2020
Total Units 2
Vacation Rental Y/N No
View Other
Water Access Y/N No
Zoning COMML

Interior Features

Basement Daylight, Full, Fully Finished
Basement Y/N Yes
Central Air Y/N No
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas
Living Area 6400

Exterior Features

Inclusions All pertinent equipment; Goodwill
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.43
Lot Size Source Assessor
Lot Size Square Feet 18731.00
Navigable Water Y/N No
Pool Y/N No Pool
Roadresponsibility Public
Type of Parking Parking Lot
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 19606

Price
AVG $320K
$630K
Taxes
AVG $7,683
$7,924
Visits
AVG 40
15
Year Built
AVG 1926
1910
Walkscore
AVG 28
27
Data Provided by Walkscore ® not using MLS data

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