Eric Miller - Commercial Real Estate Showcase

Eric Miller Property Listings
Leasing Agent
RE/MAX of Reading
1290 Broadcasting Rd
Reading, PA 19610-3203
(610) 670-2770 x3103
(610) 678-6737

2009 Bernville Road - The Riveredge

Reading, PA 19601 - Berks County Submarket

Property Type:Hospitality Number of Rooms:50 Status:Existing Year Built:1850
Stories:2 Building Size:94,978 SF Land Area:5.75 AC (250,470 SF)
For Sale Price:$3,999,000 Price/Room:$79,980 Cap Rate:-

Parking:1.06 Parking Spaces / 1,000 SF

Sale Notes:

This Reading area landmark, The Riveredge, has been owned and operated by the same family for over 50 years. This entertainment complex includes fine dining/banquet facilities, lounge, 45 room EconoLodge Inn (under management lease), and night club (The Silo/Loft) on 5.37 acres plus .37 acre separately deeded paved parking lot. Property has road frontage on Rt. 183 with independent driveway ingress & egress to both sides of the building. One Of The Largest Banquet Facilities Around& offering 3 ballrooms for up to 1000 guests or as intimate as 10-50 guests and all equipped with full service bars and permanent dance floors. 5 private meeting rooms on the second floor, plus 4 offices for management/staff. The large commercial kitchen can handle increased production. Centrally located bathrooms to all banquet and meeting rooms. The stand alone night club has hosted many up and coming entertainers and includes 2 floors, large stages and dance floors with up to 900 patron capacity, plus teen lounge with separate commercial kitchen. Included is a PA Liquor License, 6 bar areas on premises, all equipment and fixtures included.

RE/MAX of Reading
Eric Miller
(610) 670-2770 x3103

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