1500 N 10th St, Reading, PA 19604

$850,000
3,794
SqFt

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List Price
$850,000
MLS#
PABK2080498
Status
ACTIVE
Type
Multifamily
City
Reading
Area
Reading City (10201)
County
Berks
Living Area
3,794
Lot Size
1,742
Year Built
1910

Property Description

FOR SALE – JACK'S PUB | 1500 N 10th Street, Reading, PA 19604 Excellent opportunity to own a well-established neighborhood pub with four income-producing residential apartments! 5 Units in Total! Located at 1500 N 10th Street in Reading, PA, Jack's Pub is a thriving, fully operational bar with a rich history dating back to 1925, making it one of Berks County's longest-standing neighborhood establishments. Known for its welcoming atmosphere, loyal customer base, affordable drinks, and classic neighborhood charm, Jack's Pub has been a staple of the Reading community for generations. The main level features an operating bar with an established reputation and a longstanding presence in the local community. In addition to the commercial space / bar, the property includes four residential apartment units, each currently rented for $750 per month, generating $3,000 in monthly rental income / $36,000 annually, separate from the bar's business revenue. This combination provides an attractive opportunity for an investor or owner-operator seeking multiple income streams from one property. The property is up to applicable local and state code requirements, offering the next owner an opportunity to step right into an established business and existing rental income. The sale includes everything, real estate, business and all associated equipment. Whether you're an experienced investor looking to expand your portfolio or an entrepreneur interested in operating your own neighborhood pub, this mixed-use property offers a unique combination of business history, established clientele, and residential rental income. Don't miss your opportunity to own a piece of Reading's history while investing in a property with multiple income streams!

Additional Information

Property Taxes
$1,828
Acres
0.04
Appliances
Water Heater, Stove, Refrigerator
Basement
Full
Cooling
Other
Living Area
3,794
Lot Size
1,742
Region
Reading City (10201)
School District
Reading
Sewer
Public Sewer
Style
Traditional
Utilities
Cable Available, Electric Available, Natural Gas Available
Zoning
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