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About the Listing RMREADIN - 3119691,3142221
Built in 1870, the former SHAMROCK HOTEL & RESTAURANT has been completely renovated, with replacement windows throughout, to allow for 7 total rental units on the property, including 5 fully rented apartments in the main hotel building, as well as 2 completely renovated and rented modular homes on the property (800 square feet each), bringing in $8100 per month in rental income. There is also a fully renovated detached garage/shop/storage building on the property that can hold up to 5 vehicles and could also be used as owner's storage or workshop for a local contractor. Estimated rent on garage is $500/mo. The main level and former bar/restaurant is one large open flexible space, at approximately 2000 square feet, that could easily be used to make existing apartments larger, coin operated laundry for tenants, storage lockers/rooms for tenants, or a future management office/workshop for the building's new owner. The current owners have dedicated their hearts and souls, over the past 15 years, in creating a beautiful, low maintenance, 7-unit CASH COW, grossing $8100 per month that any investor would be proud to own! 48 hours' notice is required for any showing, and a current buyer pre-approval, bank letter, or proof of cash funds must be provided to listing agent prior to any showings
Listing Highlights for 300 Kennedy Ave
Status
Active
Days on Site
261
Property Type
Commercial Sale
MLS ®
PABK2052070
Year Built
1870
Total Square Footage
7,000
Lot/Acreage
1.05
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Baseboard - Electric
- Fireplaces:
- Floor: Tile/Brick,Wood,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Well
Exterior Details
- Lot Description: Rural,Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 17
- Lot Dimensions: 0.00 x 0.00
- Zoning: COMM
- Roof: Asphalt,Metal
- Others: Very Good
- Sewer: On Site Septic
- Parking Features: Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $5,359
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Listing Location
Questions About..
300 Kennedy Ave Mertztown, PA 19539
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