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Executive Summary
Welcome to Joe's Place in Muhlenberg! Located at 5 Spring Valley Rd this long serving restaurant bar is opening its doors to a new owner! Currently in operation, Joe's Place features a large open concept layout with a centralized bar creating the perfect atmosphere for a local sports bar and dine-in restaurant! The restaurant offers a private kitchen with an 8 sprinkler commercial-grade hood, three fryers, a gas convection oven, six-burner flat top grill, six-burner stove. All serviced by a commercial dishwasher, three Bain Marie refrigerated topping stations, and a full set of appliances. Additionally, there is a large walk-in refrigerator that houses the beer taps with upto 16 lines available! The interior is designed to attract and accommodate guests with seating for 36 at the bar, 46 high-top seats, and a 60-seat dining area, complemented by fun entertainment options including, skill machines, pool table, claw machine, and dart board machine. The property also offers three bathrooms, a private office and a private parking for 35 to 40 vehicles. There is a complete building sprinkler system, 2 heating systems and central AC. With its large kitchen space, ample seating, and strong infrastructure, this is an eye-catching opportunity for an operator looking to take over a turnkey establishment with excellent growth potential. Business is currently in operation with an R liquor license with Sunday sales ( also available for sale). Have another business Real Estate need? This is a single detached, 4,000 Sq ft structure, centrally located in Berks county with plenty of parking that can serve many businesses alike! Set up a tour today.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,056 SF
Building Class
C
Year Built
1950
Price
$399,000
Price Per SF
$98.37
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.56 AC
Zoning
Commercial
Parking
28 Spaces (6.9 Spaces per 1,000 SF Leased)
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 66-5318-13-04-2476 | Improvements Assessment | $155,800 |
| Land Assessment | $68,200 | Total Assessment | $224,000 |
Property Taxes
Parcel Number
66-5318-13-04-2476
Land Assessment
$68,200
Improvements Assessment
$155,800
Total Assessment
$224,000
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