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2619 Hill Road, Reading, PA 19606
$1,580,000 Sale Pending
2619 Hill Road, Reading, PA 19606View this property at 2619 Hill Road, Reading, PA 19606
2619 Hill RoadReadingPA19606
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Property Description
Seller finance is an option. 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 and 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.
Full Property Details
Full Property Details for 2619 Hill Rd
General
- Price: $1,580,000
- Taxes: $27,863 (2023)
- Status: Pending
- Type: Business
- MLS ID: PABK2026770
- Updated: 5/1/2024
- Added to Site: 427 day(s) ago
Business
- Business Type: Banquet Facility/Lodge, Bed and Breakfast, Restauran
Parking
- Total Spaces: 110
- Parking Features: Handicap Parking, Private
- Parking Type: Parking Lot
Location
- Area: Lower Alsace Twp (10223)
- Municipality: LOWER ALSACE TWP
- County: Berks
- Driving Directions: Perkiomen Ave east, left on Hill Rd, Property on left.
- Location Details: Rural
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Propane - Owned
- Water Heater: Electric
Utilities
- Sewer: On Site Septic
- Water: Well
Structural Information
- Construction: Mixed
- Roof: Metal, Shingle, Rubber
- Stories/Levels: 0
- Year Built: 1890
- Year Built Source: Estimated
Unit Information
- # Tenants: Single
Lot Features
- Property View: Trees/Woods
- Lot Size (Acres): 14.17
- Lot Size (Sq. Ft.): 617,245
- Lot Size Source: Estimated
- Lot Dimensions: 0.00 x 0.00
- Street/Road Desc.: Paved
- Lot Features: Backs to Trees, Cleared, Mountainous, Partly Wooded, Road Frontage, Subdivision Possible, Trees/Wooded
- Zoning: 4281 COMMERCIAL
- Lot Description: Backs to Trees, Cleared, Mountainous, Partly Wooded, Road Frontage, Subdivision Possible, Trees/Wooded
Financial Considerations
- Price Per Sq. Ft.: $243.08
- Assessment Year: 2023
- School Tax: $20,219
- City/TownTax: $4,301
- City/TownTax Freq: Annually
- County Tax: $3,343
- County Tax Freq: Annually
- Tax w/Assessment: $436,600
- Tax Amount: $27,863
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Inclusions: All Equipment.
- Investment: Yes
- Lot Number: 1041
Listed by Pagoda Realty, John H Gantkowski Jr.
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Schools
Schools serving 2619 Hill Rd
School District:Antietam School District
Rating | Name | Grades | Distance |
---|---|---|---|
Mount Penn Primary Center
201 N 25th St, Reading, PA 19606 | K-1 | 1 mi | |
2310 Cumberland Ave, Reading, PA 19606 | 2-6 | 1.2 mi | |
100 Antietam Rd, Reading, PA 19606 | 7-12 | 1.1 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 2619 Hill Rd
Date
Details
Price
Change
Source
10/13/2023
Price Reduced
$1,580,000
-21%
MLS
3/01/2023
Listed
$1,999,999
300%
MLS
12/29/2006
Sold
$500,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2619 Hill Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$27,426
3%
$436,600
—
2022
$26,557
2%
$436,600
—
2021
$25,998
3%
$436,600
—
2020
$25,278
3%
$436,600
—
2019
$24,483
1%
$436,600
—
2018
$24,226
3%
$436,600
—
2017
$23,507
3%
$436,600
—
2016
$22,752
3%
$436,600
—
2015
$22,010
4%
$436,600
—
2014
$21,224
—
$436,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2619 Hill Rd
2619 Hill Road, Reading, PA 19606 (MLS# PABK2026770) is a Business property. 2619 Hill Road is currently listed for $1,580,000 and was received on March 01, 2023. Want to learn more about 2619 Hill Road? Do you have questions about finding other Business real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.