120 E Philadelphia Ave, Boyertown, PA 19512

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List Price
$750,000
Price Change
▼ $145,000 1756966566
Days on Market
254
Status
PENDING
MLS#
PABK2053926
Lot Size (Acres)
0.29
Year Built
1900
County
Berks
School District
Boyertown Area

Property Description

Own a Piece of History – Turnkey Bar/Restaurant with Apartments Originally built around 1847, this historic property—formerly the William Penn Lodge and now known as The Ironstone—offers a rare opportunity to own a thriving business with multiple income streams. This turnkey sale includes the bar/restaurant, (liquor license is negotiable), real estate, and equipment. The well-maintained three-story building features: A first-floor restaurant & bar with a strong customer base and a reputation for great food. Five apartments on the second and third floors, providing steady rental income. A shared parking lot with approximately 34 spaces, a valuable asset for both patrons and tenants. All residential tenants are responsible for their own electric, keeping overhead costs low. With a rich history and strong financial potential, this is an ideal investment for an owner-operator looking to continue the legacy of this landmark establishment. Don't miss this unique opportunity! Financials available upon request.

Additional Information

Area
Boyertown Boro (10233)
Subdivision
None Available
Building Name
Durango
Taxes
$10275
School District
Boyertown Area
Flooring
Wood
Heating
90% Forced Air
Heating Fuel
Natural Gas
Cooling
Wall Unit
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Compass Pennsylvania, LLC. Contact: 2674358015