About This Restaurant
Investment Highlights
Bar and venue space being sold with the liquor license and all restaurant equipment 2 buildings / restaurants situated on 14 acres Over 4,000 acres of mountain preserves with daily visitors to the 40+ miles of trails great for hiking and biking.
Executive Summary
A unique opportunity to own a one-of-a-kind property that is much more than just an investment, it is a destination! Well known in Berks County previously as ?Captain?s Cove? and ?Mountain Springs Restaurant?. This restaurant, bar and venue space is being sold with all restaurant equipment to get you started. 3 parking lots for 110 vehicles. Inside and outside seating. Also, features its own natural spring located on premises. This location offers unlimited potential as it is situated on over 14 acres nestled in the hills of Mt. Penn. To those that don?t know Mt. Penn is one of Berks County?s most active spots. The mountain features over 4,000 acres of mountain preserves with daily visitors to the 40+ miles of trails great for hiking and biking. The mountain caters to events round year such as The Reading Liederkranz Oktober Fest, part of Berk?s Jazz Fest, The Annual Duryea Hill Climb to name a few. The constant happenings on the mountain continue to bring locals and tourist to the area! This one has it all. Location. Equipment. Local notoriety. Space to grow!
Property Details
- Sale Type Investment or Owner User
- Property Type Retail
- Property Subtype Restaurant
- Building Size 8,652
- Year Built 1980
- Price 599,900
- Price Per SF 69
- Percent Leased 100
- Building Height 1 Story
Property Taxes
| Parcel Number | 23-5317-16-94-1041 | Improvements Assessment | $73,800 |
| Land Assessment | $362,800 | Total Assessment | $436,600 |
| Date Created: | 2024-07-16 04:23:35 | Last Updated: | 2024-07-16 04:23:35 |
| Address: | 2619 Hill Rd , Reading, Pennsylvania, 19606 | ||