$3,000,000

2009 Bernville Rd

READING PA, 19601

Description

Prime 5.75 acre level property located at 2009 Bernville Road, Reading, PA 19601 (at the corner of Route 183 and Barlow Avenue). Consisting of a 22,290 SF Motel (EconoLodge), 40,752 SF Inn & Banquet Facility (Riveredge), and 6,664 SF Night Club (The Silo). An adjacent 1.98 acre residential property at 520 Frontier Avenue, Reading, PA 19601 (owned by a family member) is available for an additional $500,000 of consideration with the potential to be re-zoned to a similar use. Ideal property uses include a large gas/convenience food store, a multi-level residential apartment housing complex (students, families, or 55+ adult community), or as a medical office/urgent care facility.

Details

MLS#PABK344524
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1850
Days On Site192

Features

SQ Feet69,706
Story(s)0
Units45
ZoningHIGHWAY COMMERCIAL

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Area Information

StatePA
CityREADING
Zip Code19601
AreaBern Twp (10227)
Listing VS Median (in 19601)
Price:
$3,000,000
low | high
Med:
$95,500
100% of Average
SqFt:
69,706
low | high
Med:
1,772
100% of Average
$ / SqFt:
$43
low | high
Med:
$54
24.595315596955% of Average
On Site:
192
low | high
Med:
19
100% of Average
Listing Updated: 01/17/2020
MLS Number: PABK344524
Listing Provided By:
Jeff Hettinger  of  Keller Williams Platinum Realty