5 Spring Valley Rd - Restaurant FOR SALE


Reading, PA 19605- Outer Muhlenberg Township
$399,000 USD
800-383-3535
5 Spring Valley Rd, Reading, PA for Sale
$399,000 USD
Restaurant - FOR SALE
1/31
null | Request Cap Rate

NEW


5 Spring Valley Rd
Reading, PA 19605
Outer Muhlenberg Township


OVERVIEW

Welcome to Joe's Place in Muhlenberg! Located at 5 Spring Valley Rd this long serving restaurant bar is opening its doors to a new owner! Currently in operation, Joe's Place features a large open concept layout with a centralized bar creating the perfect atmosphere for a local sports bar and dine-in restaurant! The restaurant offers a private kitchen with an 8 sprinkler commercial-grade hood, three fryers, a gas convection oven, six-burner flat top grill, six-burner stove. All serviced by a commercial dishwasher, three Bain Marie refrigerated topping stations, and a full set of appliances. Additionally, there is a large walk-in refrigerator that houses the beer taps with upto 16 lines available! The interior is designed to attract and accommodate guests with seating for 36 at the bar, 46 high-top seats, and a 60-seat dining area, complemented by fun entertainment options including, skill machines, pool table, claw machine, and dart board machine. The property also offers three bathrooms, a private office and a private parking for 35 to 40 vehicles. There is a complete building sprinkler system, 2 heating systems and central AC. With its large kitchen space, ample seating, and strong infrastructure, this is an eye-catching opportunity for an operator looking to take over a turnkey establishment with excellent growth potential. Business is currently in operation with an R liquor license with Sunday sales ( also available for sale). Have another business Real Estate need? This is a single detached, 4,000 Sq ft structure, centrally located in Berks county with plenty of parking that can serve many businesses alike! Set up a tour today.

FOR SALE DETAILS

PRICE

$399,000 USD

PRICE/SF

$98 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,394 SF

ZONING

Commercial

APN/PARCEL ID

66-5318-13-04-2476

ASK ABOUT THIS PROPERTY

Customer ServiceBerkshire Hathaway | CentervilleMore Info
800-383-3535

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Customer ServiceBerkshire Hathaway | CentervilleMore Info
800-383-3535

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.