Property Back to Market Report Property

120 E Philadelphia Ave, Boyertown, PA 19512

$750,000

Add to Favorites New Search

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Add to Favorites

List Price: $750,000
Status: PENDING
Days on Market: 526
Price Change: ▼ $145,000 1756966879
MLS#: PABK2053926
Subtype: Commercial Sale
Year Built: 1900
Lot Size: 12,632
Acres: 0.29
Subdivision: None Available
Building Name: Durango
MLS Area Major: Boyertown Boro (10233)

Refine Search

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.

Search All Properties

Additional Information

Taxes: $10,275
Zoning: COMM
Flooring: Wood
Heating: Forced Air
Air Conditioning: Wall Units
Foundation: Stone
Parking Features: Private
School District: Boyertown Area