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- LoopNet Team
45 Old Route 22
Kutztown, PA 19530
Retail Property For Sale
Investment Highlights
- Restaurant volume currently increasing at over 30% year over year
- Multiple indoor and outdoor dining options
- Totally renovated restaurant interior in July, 2020
- Single property with multiple sources of income.
- Newly constructed outdoor bar/dining area
PROPERTY FACTS
- Restaurant
- General Retail Bar
Amenities
- Restaurant
- Security System
- Storage Space
About 45 Old Route 22 , Kutztown, PA 19530
CALLING ALL INVESTORS AND RESTAURANTEURS! ** COVID-19 UPDATE** We have taken the opportunity to expand our operation in recent months. Enhancements include a newly constructed outdoor/ indoor ding area with full bar in garage out building, new outdoor dining area and totally renovated main indoor dining area. With the expansion now fully operational, our revenue has jumped 30-40% over prior year. See newly added photos below. Unique opportunity to own a multiple income property in a growing area of Greenwich Township! This nearly 2 acre parcel just off Route 78 boasts a newly renovated and very successful 120 seat, 3,000 sqft sports bar and family restaurant with a loyal clientele and a TOP 5 rating on Trip Advisor in our demographic and business type. Separate room for private parties/catering. Upstairs are two floors of over 1,700 air conditioned sq ft of living space including 3BRs, brand new bath in 2018, laundry room with newer washer/dryer and a large MBR with an oversized walk-in closet all accessible through a private side entrance with large deck. Apartment is an excellent opportunity for owner occupant or rental income. In the rear of the property with a private access road there is a 2,400 sqft heated garage building with concrete floors, private office, drive thru overhead doors, 5 bays.... loads of income potential. ONE property with THREE potential sources of income. Easy on/off Route 78 adds endless potential and makes this property a must see! New Roof 2019, outdoor door seating added 2020 with garage converted into additional seating with a bar and lounge area.
PROPERTY TAXES
Parcel Number | 45-5456-00-51-3839 | Improvements Assessment | $133,900 |
Land Assessment | $63,100 | Total Assessment | $197,000 |
PROPERTY TAXES
Learn More About Investing in Retail Properties
Listing ID: 16493681
Date on Market: 7/1/2019
Last Updated:
Address: 45 Old Route 22, Kutztown, PA 19530
The Retail Property at 45 Old Route 22, Kutztown, PA 19530 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.