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[Address not provided], Gilbertsville, PA 19525
$1,180,000
[Address not provided], Gilbertsville, PA 19525View this property at [Address not provided], Gilbertsville, PA 19525
[Address not provided]GilbertsvillePA19525
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Property Description
This outstanding Restaurant and Bar was recently upgraded though out the bar, restaurant, the large outdoor dining area and kitchen for a spectacular turn key operation. Owner is retiring. Included in the sale is a Hotel liquor license which can be converted into a R license for the future and all equipment. With over 120 seats and over 75 parking spaces with room to grow. this establishment can definitely justify the cost. The building also has 11 rooms with separate entrance above the restaurant for potential extra income for the future. The area is growing very fast and will just insure more and more customers in the future.
Full Property Details
Full Property Details for MLS# PAMC2039280
General
- Sold For: $1,180,000
- Taxes: $12,256 (2021)
- Status: Closed
- Type: Business
- MLS ID: PAMC2039280
- Added to Site: 720 day(s) ago
Business
- Business Type: Restaurant/Bar, Banquet Facility/Lodge, Other
Rooms
Bathrooms
- Restrooms: 4
Parking
- Total Spaces: 77
- Parking Type: Parking Lot
Location
- Area: New Hanover Twp (10647)
- Municipality: NEW HANOVER TWP
- County: Montgomery
- Driving Directions: Corner of Fagleysville and Swamp Pike
Heating & Cooling
- Cooling Type: Ductless/Mini-Split
- Cooling Fuel: Electric
- Heating Type: None
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: On Site Septic
- Water: Well
Structural Information
- Construction: Block, Concrete, Masonry, Mixed Plumbing, Stone
- Drive-In Doors: 1
- Stories/Levels: 0
- Year Built: 1890
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 1.61
- Lot Size (Sq. Ft.): 70,001
- Lot Size Source: Assessor
- Lot Dimensions: 607.00 x 0.00
- Zoning: R25
Financial Considerations
- Price Per Sq. Ft.: $248.64
- Assessment Year: 2022
- School Tax: $10,323
- City/TownTax: $556
- City/TownTax Freq: Annually
- County Tax: $1,375
- County Tax Freq: Annually
- Tax w/Assessment: $350,720
- Tax Amount: $12,256
- Tax Year: 2021
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Ownership: Fee Simple
- Exclusions: Personal property
- Inclusions: all Restaurant equipment and tables and chairs
- Lot Number: 19
Listed by Cornerstone Realtors, Eric J Swarr
Sold by Keller Williams Real Estate-Blue Bell, Maria Musso
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Schools
Schools serving MLS# PAMC2039280
Rating | Name | Grades | Distance |
---|---|---|---|
1329 Buchert Rd, Pottstown, PA 19464 | 3-5 | 2.5 mi | |
2547 Big Rd, Frederick, PA 19435 | K-5 | 2.9 mi | |
81 Limerick Center Rd, Royersford, PA 19468 | PK-5 | 3.3 mi | |
2020 Big Rd, Gilbertsville, PA 19525 | 6-8 | 2.8 mi | |
220 Big Rd, Zieglerville, PA 19492 | 6-8 | 3.7 mi | |
1351 N Hanover St, Pottstown, PA 19464 | 6-8 | 3.7 mi | |
1345 Kauffman Rd, Pottstown, PA 19464 | 9-12 | 3.1 mi | |
750 N Washington St, Pottstown, PA 19464 | 9-12 | 4 mi | |
120 N Monroe St, Boyertown, PA 19512 | 9-12 | 5.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for MLS# PAMC2039280
Date
Details
Price
Change
Source
7/01/2022
Sold
$1,180,000
-26.25%
MLS
5/19/2022
Listed
$1,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
MLS# PAMC2039280, Gilbertsville, PA 19525 (MLS# PAMC2039280) is a Business property that was sold at $1,180,000 on July 01, 2022. Want to learn more about MLS# PAMC2039280? Do you have questions about finding other Business real estate for sale in Gilbertsville? You can browse all Gilbertsville real estate or contact a Coldwell Banker agent to request more information.