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2009 Bernville Road, Reading, PA 19601

$3,999,000

  • For Sale
  • Active
  • Commercial Lease
2009 Bernville Road, Reading, PA 19601View this property at 2009 Bernville Road, Reading, PA 19601
2009 Bernville RoadReadingPA19601

Property Description

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 boasting space for 10 ovens, 3 walk-in coolers, 1 large freezer/1 upright, a large dishwasher, deep fryer, steam tables, slicer, 2 broiler ovens, 10 burner stoves, plus separate 2 burners, 4 urn coffee makers, plus another 3 burner coffee maker. 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. Prime location near St. Joseph's Medical center in central Berks County! A piece of history with flexibility for use and expansion!

Full Property Detailsfor 2009 Bernville Road

General

  • Price: $3,999,000
  • Taxes: $56,916 (2018)
  • Status: Active
  • Type: Commercial Lease
  • MLS ID: 1000253071
  • Updated: 5/15/2018
  • Added: 1, 211 day(s) ago

Business

  • Business Type: Commercial, Leasehold, Restaurant, Bar/Tavern/Lounge,
  • Includes: Land with Business and Building, Business Name, Equipment, Inventory, Fixtures, Liquor License, Land Only

Interior

  • Flooring: Tile/Brick, Wood, Carpet, Heavy Duty

Rooms

Bedrooms

  • Master Bedroom: Unspecified

Additional Information

  • Other Features: Public Restrooms, Cafeteria, Ceiling Fans, Clear Span, Column Spacing, Compressor, Display Window, Fire Alarm, Fire Escape, Kitchen, Overhead Door, Refrigerator(s), Security Lighting, Shelving, Walk-In Box

Parking

  • Parking Features: Lot, Paved Parking, Secure Parking, Private, Handicap Parking, Lighted Parking
  • Parking Type: Parking Lot

Location

  • Area: Bern Twp (10227)
  • County: Berks
  • Development Name: None Available
  • Subdivision: None Available
  • Cross Streets: Rt 183
  • Driving Directions: Rt 183 (Bernville Rd) North to property on right.
  • Traffic Count: 15000-19999
  • Location Details: Urban

Heating & Cooling

  • Heating Fuel: Natural Gas, Electric
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available

Structural Information

  • Architectural Info: Other
  • Construction: Wood Siding, Brick, Block, Masonry
  • Foundation: Stone, Concrete Perimeter, Brick/Mortar
  • Roof: Pitched, Rubber
  • Walls/Ceilings: Paneled Walls, Other, Plaster Walls, Wood Walls, Mod W
  • Stories/Levels: 0
  • Year Built: 1853
  • Year Built Source: Estimated

Lot Features

  • Lot Size (Acres): 5.75
  • Lot Size (Sq. Ft.): 250,470
  • Lot Dimensions: IRREG
  • Street/Road Desc.: US Highway/Interstate
  • Topography: Level, Other
  • Zoning: COMM

Financial Considerations

  • Tax w/Assessment: $1,472,100
  • Tax Amount: $56,916
  • Tax Year: 2018

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot: 321

Listed by RE/MAX Of Reading, Eric J Miller

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Schools

Schoolsserving 2009 Bernville Road

School District:Schuylkill Valley School District
School Name
Grades
Distance
Schuylkill Valley Elementary School
62 Ashley Way, Leesport, PA 19533
K-4
5.5 mi
Schuylkill Valley Middle School
114 Ontelaunee Dr, Leesport, PA 19533
5-8
5.5 mi
Schuylkill Valley High School
929 Lakeshore Dr, Leesport, PA 19533
9-12
5.3 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History

Price & Sales Historyfor 2009 Bernville Road Get Price Alerts

Date
Details
Price
Change
Source
2/05/2016
Price Increased
$3,399,000
3.03%
MLS
1/28/2016
Price Reduced
$3,299,000
-17.5%
MLS
1/25/2015
Listed
$3,999,000
MLS
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Community Info

Community Infofor 2009 Bernville Road

Listed by RE/MAX Of Reading, Eric J Miller

2009 Bernville Road, Reading, PA 19601 (MLS# 1000253071) is a Commercial Lease property. 2009 Bernville Road is currently listed for $3,999,000 and was received on January 25, 2015. Want to learn more about 2009 Bernville Road? Do you have questions about finding other Commercial Lease real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.