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2532 Swamp Pike

POTTSTOWN, PA 19464
  • $1,499,000
  • STATUS: Active
  • ON SITE: 81 Days
  • ID#: PAMC2090454
$1,499,000
  • 0
    BEDS
  • 1.63
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1928
County:

School Ratings & Info

School District:

Description

For Sale The Pub - Established Bar & Restaurant with Type R Liquor License Plus Two ApartmentsAddress: 2532 Swamp Pike, New Hanover Twp, Montgomery County, PA (Mailing Address 2532 Swamp Pike, Pottstown, PA 19464)Highlights: Turn Key Property with Multiple Cash Flow Revenue Streams"The Pub has been a profitable staple in the area for decades and is ready for new owners to make it their own.The *8400 + Total SF building is situated on 1.6 acres and offers a fully operational restaurant/ bar with coveted Montgomery County type +G+R+G- liquor license. The main dining room has a stage, dance floor area and a 35 seat horseshoe bar that flows into the semi private dining room. Back of the house offers a fully equipped kitchen, office, several storage rooms and two large walk-in coolers.The additional 2,000 sq ft deck provides an area with ample additional seating that can be rented out for private events. The large covered deck features industrial glass garage doors that open and close connecting it to the open-air deck, making the space usable for at least 3 full seasons. The expansive private parking lot provides 69 spaces and a wooded view.There are two 1 bedroom 1 bath + den apartments on second story with private deck, offering an additional income stream. Located on a heavily traveled main artery, the property enjoys excellent visibility and exposure from the nearly 13,000 passing cars per day." -OwnerSale price includes all real estate, building, Type R liquor license, FF&E and inventory.Financial: Bar Gross 780k, Rental income 20k (34% under current market value), Vending averaging 70k. Pro-forma $1million annual with increased hours and expanded Menu.Seller assisted financing available for the right deal and qualified buyer.Documents: Commercial Property Information Sheet, Upgrade Plans and Twp Requirements are in Documents Folder. Detailed financials upon request to qualified buyer.Location: 2532 Swamp Pike New Hanover Township Montgomery County, PA Boyertown School District (Pottstown address is for mailing purpose only)Building Total SF: *8400+ Includes 2 apartments Sq FootageFacilities: Turnkey Bar-Restaurant Facility, 69 Parking SpacesSelling: All Real Estate, Building, FF&E, Inventory, Fully Equipped Restaurant and Bar w/Type R Liquor LicenseAdditional Improvements: Covered Large DeckCondition: Well Maintained w/ 2 Apartments (Tenant Occupied)Financing: Some Owner Financing To Qualified Buyer Support & Training: Seller will offer training for the new buyer.Reason for Selling: Owner Retiring December 3, 2023UPDATE: Owner has retired on December 3, 2024 Business is now closed and looking for a new owner.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or McClain-Williamson Realty, LLC.. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-22T18:02:41.503.
www.mcclainwilliamson.com/homes/145742583
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2532 Swamp Pike POTTSTOWN, PA 19464

  • Price: $1,499,000
  • Status: Active
  • On Site: 81 Days
  • ID#: PAMC2090454
0
Beds
0
Baths
0
½ Baths
1.63
Acres
1928
Built
Neighborhood:
New Hanover Twp (10647)
County:
Montgomery
Area:
New Hanover Twp (10647)
School District:
Boyertown Area
Property Description
For Sale The Pub - Established Bar & Restaurant with Type R Liquor License Plus Two ApartmentsAddress: 2532 Swamp Pike, New Hanover Twp, Montgomery County, PA (Mailing Address 2532 Swamp Pike, Pottstown, PA 19464)Highlights: Turn Key Property with Multiple Cash Flow Revenue Streams"The Pub has been a profitable staple in the area for decades and is ready for new owners to make it their own.The *8400 + Total SF building is situated on 1.6 acres and offers a fully operational restaurant/ bar with coveted Montgomery County type +G+R+G- liquor license. The main dining room has a stage, dance floor area and a 35 seat horseshoe bar that flows into the semi private dining room. Back of the house offers a fully equipped kitchen, office, several storage rooms and two large walk-in coolers.The additional 2,000 sq ft deck provides an area with ample additional seating that can be rented out for private events. The large covered deck features industrial glass garage doors that open and close connecting it to the open-air deck, making the space usable for at least 3 full seasons. The expansive private parking lot provides 69 spaces and a wooded view.There are two 1 bedroom 1 bath + den apartments on second story with private deck, offering an additional income stream. Located on a heavily traveled main artery, the property enjoys excellent visibility and exposure from the nearly 13,000 passing cars per day." -OwnerSale price includes all real estate, building, Type R liquor license, FF&E and inventory.Financial: Bar Gross 780k, Rental income 20k (34% under current market value), Vending averaging 70k. Pro-forma $1million annual with increased hours and expanded Menu.Seller assisted financing available for the right deal and qualified buyer.Documents: Commercial Property Information Sheet, Upgrade Plans and Twp Requirements are in Documents Folder. Detailed financials upon request to qualified buyer.Location: 2532 Swamp Pike New Hanover Township Montgomery County, PA Boyertown School District (Pottstown address is for mailing purpose only)Building Total SF: *8400+ Includes 2 apartments Sq FootageFacilities: Turnkey Bar-Restaurant Facility, 69 Parking SpacesSelling: All Real Estate, Building, FF&E, Inventory, Fully Equipped Restaurant and Bar w/Type R Liquor LicenseAdditional Improvements: Covered Large DeckCondition: Well Maintained w/ 2 Apartments (Tenant Occupied)Financing: Some Owner Financing To Qualified Buyer Support & Training: Seller will offer training for the new buyer.Reason for Selling: Owner Retiring December 3, 2023UPDATE: Owner has retired on December 3, 2024 Business is now closed and looking for a new owner.
Exterior Features

Construction Materials Vinyl SidingStucco Garage YN No Lot Features Backs to TreesLevelRoad Frontage Other Equipment Negotiable Parking Features Handicap Parking Parking Types Parking Lot Riparian Rights YN No Road Responsibility Boro/Township Road Surface Type Black Top Roof Shingle Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 8400.00 Cooling Central A/C Exclusions All leased equipment which includes vending machinesCC terminals and 2 propane tanks. Heating Forced Air Heating YN Yes Inclusions FF&E and existing inventory Net Square Feet 8400.00 Security Features Surveillance SysMonitored24 hour securityMotion DetectorsFire Detection SystemSecurity System

Property Features

Acceptable Financing CashConventionalSeller FinancingOther Accessibility Features Level Entry - MainRamp - Main Level Assessment Year 2023 Building Permits On Hand Business Type Apartment BuildingRestaurant/Bar Central Air YN Yes Cooling Fuel Bottled Gas Cross Street Faust Road Entry Level 1 Heating Fuel Electric Historic YN No Hot Water Electric Lease Considered YN No Municipality NEW HANOVER TWP Navigable Water YN N New Construction YN No Number Of Units Total 3 Original MLSNumber 802758546982 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 8329.00 Tax Assessment Amount 224950.00 Tax Lot 56 Vacation Rental YN No Water Source Well Year Built Effective 2013 Zoning CC Zoning Description CC Convenience Commercial Land Use:

Listing courtesy of Richard A Zuber Realty-Royersford: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or McClain-Williamson Realty, LLC.. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-22T18:02:41.503.
 
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