1500 N 10th St, Reading, PA 19604

$850,000

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List Price
$850,000
Status
COMING SOON
MLS#
PABK2080496
Lot Size (Acres)
0.04
Year Built
1910
County
Berks
School District
Reading

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

Area
Reading City (10201)
School District
Reading
Flooring
Vinyl, Wood
Heating
Other
Cooling
Other
Water
Public
Sewer
Public Sewer

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