Pennsylvania
Boyertown
120 E PHILADELPHIA AVENUE

$1,000,000

120 E PHILADELPHIA AVENUE, Boyertown, PA 19512

Commercial Property
Built in 1900
0.29acre lot
—— car garage
$——/sqft
Listed 3 months ago

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.

Listing Status:: Active
Date Added:: February 22, 2025 at 06:00AM
Listing Office:: Compass Pennsylvania, LLC : 2674358015
Listing Agent:: Nigel T Richards : 2676033611
MLS ID:: PABK2053926

Flooring: Wood
A/C: Wall Unit
Heating: Y90% Forced AirNatural Gas
Disability Feature: None

This listing courtesy of Nigel T Richards, Compass Pennsylvania, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Boyertown Elementary School

641 E 2nd St, Boyertown, PA, 19512

Grades KG-6

0.55 miles away

Boyertown Junior High School West

380 S Madison St, Boyertown, PA, 19512

Grades 7-9

0.59 miles away

Boyertown Area Senior High School

120 N Monroe St, Boyertown, PA, 19512

Grades 10-12

0.39 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.