120 E PHILADELPHIA AVE new to site Save Request In-Person Tour Request Virtual Tour
Boyertown,PA 19512
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 6,144 sqft
Price per Sqft $162
Subdivision None Available
MLS Listing ID PABK2053926
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $11,160
Tax Year 2025
Lot Size 0.290 Acres
Acres 0.29
Lot Dimensions 0.00 x 0.00
Property Sub-Type Mixed Use
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.
Location
State PA
County Berks
Area Boyertown Boro (10233)
Zoning COMM
Interior
Hot Water Natural Gas
Cooling Wall Unit
Flooring Wood
Inclusions All existing restaurant equipment and existing appliances in all apartments
Heat Source Natural Gas
Exterior
Garage Spaces 30.0
Water Access N
Accessibility None
Road Frontage Boro/Township
Total Parking Spaces 30
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Boyertown Area
Others
Tax ID 33-5387-20-90-2765
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
Virtual Tour https://youtube.com/watch?v=ln65mmGfTXU