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903 Morgantown Rd Reading PA – $595,000

Tremendous opportunity to purchase  Bed & Breakfast in scenic suburbs close to miles of hiking paths.  Two businesses operate out of this location. First Business – 4,500sf Restaurant is leased and includes full service kitchen with 7 public rooms consisting of 2 dining rooms (seats 125), private party room (allows for smoking – seats 50), bar area, Beer Garden (seats  60) & Outdoor Balcony (with seating).  Second Business-  Bed & Breakfast located on 2nd & 3rd floors includes 6 guest rooms with private full baths and most have private balconies.  Modern common area kitchen for overnight guests and long term tenants.  Large 3 bedroom apartment on 3rd floor with private entrance, private kitchen/bath, office area, and lots of storage.  Upper floors have central air.  Other amenities include full basement, private parking for 40+ cars in  upper and lower parking lots. Also includes 3,000sf 2 story barn with 4 car garage.    Restaurant is currently leased for $2000/mo.  Bed & Breakfast business and restaurant leasehold is included in purchase of building.

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Please contact Joe Leone by Calling 610-551-5830 or Use the Contact Form below
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Property Details

Listing Price:  595000

Address:  903 Morgantown Rd

City:  Reading

State:  PA

Zip Code:  19607

MLS #:  5711561

Building/Lot Size:  8,000 SF/37,026 SF

Current Zoning:  GI

Real Estate Taxes:  $9345/2010

Property Type:  Restaurant

Property Use:  Restaurant

Cap Rate:  

Construction Status:  

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903 Morgantown Rd Reading PA – $595,000 903 Morgantown Rd Reading PA – $595,000 903 Morgantown Rd Reading PA – $595,000 903 Morgantown Rd Reading PA – $595,000
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