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6511911
6511911 6511911 6511911
6511911 6511911 6511911
6511911 6511911 6511911
6511911 6511911 6511911
6511911 6511911 6511911
6511911 6511911 6511911
6511911 6511911 6511911
6511911 6511911 6511911
6511911  

ID #: 6511911
List Price: $3,999,000
Town: Reading
School District: Schuylkill Valley
Bedrooms:
Bathrooms: N/A
Approx. Age: 162
Acres: 5.75
Taxes: $56,496
Assessment: $1,472,100
Zoning: COMM

REMARKS

This Reading area landmark, The Riveredge, has been owned and operated by the same family for over 50 years. This entertainment complex includes fine dining/banquet facilities, lounge, 45 room EconoLodge Inn (under management lease), and night club (The Silo/Loft) on 5.37 acres plus .37 acre separately deeded paved parking lot. Property has road frontage on Rt. 183 with independent driveway ingress & egress to both sides of the building. One Of The Largest Banquet Facilities Around?offering 3 ballrooms for up to 1000 guests or as intimate as 10-50 guests and all equipped with full service bars and permanent dance floors. 5 private meeting rooms on the second floor, plus 4 offices for management/staff. The large commercial kitchen can handle increased production boasting space for 10 ovens, 3 walk-in coolers, 1 large freezer/1 upright, a large dishwasher, deep fryer, steam tables, slicer, 2 broiler ovens, 10 burner stoves, plus separate 2 burners, 4 urn coffee makers, plus another 3 burner coffee maker. Centrally located bathrooms to all banquet and meeting rooms. The stand alone night club has hosted many up and coming entertainers and includes 2 floors, large stages and dance floors with up to 900 patron capacity, plus teen lounge with separate commercial kitchen. Included is a PA Liquor License, 6 bar areas on premises, all equipment and fixtures included. Prime location near St. Joseph's Medical center in central Berks County! A piece of history with flexibility for use and expansion!

Broker ReciprocityThis listing courtesy of RE/MAX Of Reading

Broker Reciprocity Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the TReND Broker ReciprocitySM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Addison Wolfe Real Estate participates, and is provided by TReND through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data last updated: 04/23/2017.

Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Real estate listings held by brokerage firms other than Addison Wolfe Real Estate are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

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