535 Frystown Rd, Myerstown, PA 17067

$294,900
: 3
BD
: 3
BA
: 3,000
SqFt

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List Price: $294,900
Days on Market: 1
Status: ACTIVE
MLS#: PABK2078072
Bedrooms: 3
Bathrooms: 3
Full Baths: 1
Half Baths: 2
Living Area: 3,000
Lot Size (Acres): 0.5700000000000001
Style: Traditional
Year Built: 1930
County: Berks
School District: Tulpehocken Area

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Property Description

Unique mixed-use property offering excellent potential for an owner-occupant or investor, with zoning that permits a two-family detached dwelling. The second floor features an existing 3-bedroom, 1-bath apartment currently rented for $600/month, while the expansive first floor is currently home to the Stone Bar Inn. For buyers looking to maximize the residential potential, the first-floor space offers an opportunity to be converted into a second residential unit, subject to applicable municipal and building approvals. Its substantial footprint provides plenty of flexibility to create a spacious unit while retaining the existing second-floor apartment. The property also features a large parking lot with space for 20+ vehicles, providing exceptional off-street parking, along with a spacious 19' x 39' garage with electric service and a garage door opener for additional parking, workshop, or storage space. A separate small cottage provides additional storage and further possibilities. Replacement windows are found throughout, along with newer metal roofs on the house (2024) and main building (2015). The existing first-floor space includes a commercial kitchen, main bar, billiards room, high-top seating area, foyer/game room, storage, and an updated walk-in cooler. Offered as real estate only, with the option to purchase the R-1 Liquor License for an additional $209,900. Whether continued as a mixed-use property or repositioned as a two-unit residential investment, this property offers a unique combination of income potential, abundant parking, garage and storage space, and flexibility for its next owner.

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Additional Information

Area: Bethel Twp (10230)
Subdivision: None Available
Taxes: $2323
Stories: 2
Interior Features: Attic, Bar, Floor Plan - Open
School District: Tulpehocken Area
Flooring: Luxury Vinyl Plank, Vinyl
Garage: Yes
Garage Spaces: 2
Exterior Features: Gutter System, Outbuilding(s)
Heating: 90% Forced Air
Heating Fuel: Oil, Propane - Leased
Cooling: Ductless/Mini-Split, Window Unit(s)
Roof: Metal
Utilities: Cable TV Available, Electric Available, Phone Available, Sewer Available
Water: Public
Sewer: Public Sewer
Basement: Yes