$274,900

401 Main St

OLEY PA, 19547

Description

An outstanding opportunity to own a Historic Inn located in the charming Village of Oley, Circa 1899. This stately building is a prominent landmark in this quaint community. The main level features a fully equipped modern restaurant kitchen with separate baking section, walk-in freezer and refrigerator, commercial oven, 2 commercial stoves, broiler and dishwasher. There are multiple main level dining rooms, public restroom facility and a built in stained wooden bar with sink. All remaining restaurant equipment will remain in the sale of the building. The 2nd floor is designed for overnight accommodations featuring 6 bed and breakfast rooms, a charming sitting room which adjoins the 2nd floor balcony and stairway, a 2nd floor office and 2 shared bathrooms. One bedroom includes a private bathroom and there is a 2 room suite with fireplace and adjoining bathroom. There is also an unfinished bathroom with plumbing rough-in. The 3rd floor includes a large 2 bedroom owners suite, featuring updated modern kitchen, full tile bathroom with jetted tub and tile shower. The 3rd floor suite includes a great room with propane gas fireplace, skylights & beautiful natural stained wood floors throughout. The owners suite is heated with propane and includes central air. The L shaped design of the main level creates a captivating stone courtyard for gathering. The rear lot extends in a "T" shape with parking area for approximately 25 cars. The main heating system was recently updated. The present owner has done extensive renovation to much of the building, a few finishing touches are still needed to finish the restoration of this unique landmark.

Details

MLS#1001205250
StyleIndustrial
Sub-TypeResale
StatusActive
Year1881
Days On Site524

Features

SQ Feet8,857
Story(s)0
ZoningVILLA

Market Activity 19547

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Area Information

StatePA
CityOLEY
Zip Code19547
AreaOley Twp (10267)
Listing VS Median (in 19547)
Price:
$274,900
low | high
Med:
$274,900
50% of Average
SqFt:
8,857
low | high
Med:
8,857
50% of Average
$ / SqFt:
$31
low | high
Med:
$31
50% of Average
On Site:
524
low | high
Med:
509
100% of Average
Listing Updated: 10/19/2019
MLS Number: 1001205250
Listing Provided By:
Mark J Shanaman  of  RE MAX Of Reading

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