The Jocelyn Shay Team

License#

120 E PHILADELPHIA AVENUE, Boyertown, PA 19512

 (Sold on )

$750,000

  • Open House
  • New Listing
  • Price Reduced$145,000
  • Pending
-1 More Schedule
  • 0 BedroomBeds
  • 0 BathroomBaths
  • Sqft
  • 0Acres
  • CommercialType
  • PABK2053926MLS#
-1 More Schedule

Property Description

Own a Piece of History – Turnkey Bar/Restaurant with Apartments Originally built around 1847, this historic propertyformerly the William Penn Lodge and now known as The Ironstoneoffers 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.

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Property Details 120 E PHILADELPHIA AVENUE, BOYERTOWN, PA 19512

Facts & Features

  • MLS #: PABK2053926
  • Status: Pending
  • Date Listed: 02/22/2025
  • Type: Commercial
  • Sub Type: MixedUse
  • Year Built: 1900
  • Price: $750,000
  • Acres: 0.29
  • Area: Boyertown Boro (10233)
  • County: Berks

Amenities

  • Parking: Private
  • Waterfront Type: Public

Interior

  • Flooring: Wood
  • Heating: 90% Forced Air
  • Cooling: Wall Unit

Exterior

  • Construction: Brick, Stone

Schools

  • School District: Boyertown Area

Additional Information

  • Zoning: Comm

Tax Information

  • Tax: $10,275

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