BEDS0
BATHS
MLS#PABK2053926
STATUSPENDING
PROPERTY TYPECommercial -
SCHOOLBOYERTOWN AREA
Property Description
Own a Piece of History – Turnkey Bar/Restaurant with Apartments Originally built around 1847, this historic property—formerly the William Penn Lodge and now known as The Ironstone—offers a rare opportunity to own a thriving business with multiple income streams. This turnkey sale includes the bar/restaurant, (liquor license is negotiable), real estate, and equipment. The well-maintained three-story building features: A first-floor restaurant & bar with a strong customer base and a reputation for great food. Five apartments on the second and third floors, providing steady rental income. A shared parking lot with approximately 34 spaces, a valuable asset for both patrons and tenants. All residential tenants are responsible for their own electric, keeping overhead costs low. With a rich history and strong financial potential, this is an ideal investment for an owner-operator looking to continue the legacy of this landmark establishment. Don't miss this unique opportunity! Financials available upon request.
Property Features
Property Type: Commercial -
Cooling: Wall Unit
Fuel Type: Natural Gas
Heating: 90% Forced Air
Lot Size: 0.29 Acres
Taxes: $10,275
Year Built: 1900
Feature Descriptions
Building Name: DURANGO
Exterior: Brick, Stone
Flooring: Wood
Location: Downtown
Lot Dimensions: 0.29 Acre(S)
Municipality: BOYERTOWN BORO
Parking Notes: Private
Sewer: Public Sewer
Total Garage/Parking Spaces: 30
Units: 6
Water: Public
Local Schools
School District: BOYERTOWN AREA
Listed By / Shown By
Listed By
Agency Name: Compass Pennsylvania, LLC
Agency Phone: 2674358015
Shown By
Agent Name: The Mark Thudium Team
Agent Phone: (717) 475-2225
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
First American
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
120 E Philadelphia Avenue | MLS# PABK2053926
This commercial property located at 120 E Philadelphia Avenue, Boyertown, PA 19512 is currently listed for sale with an asking price of $750,000. E Philadelphia Avenue is located within the BOYERTOWN AREA school district. Search Boyertown real estate on www.marksteam.com today.