401 MAIN STREET Oley, PA 19547

$349,900
401 MAIN STREET, Oley, PA 19547
1001853386

Single Family Home for sale in Oley, PA

for $349,900 with 8 bedrooms and 5 full baths, 1 half bath. This 8,857 square foot home was built in 1881 on a lot size of 0.35 Acre(s).

Property Information

  • $349,900
  • 8 Bedrooms
  • 5 Full Baths, 1 Half Bath
  • Single Family
  • 8,857 Square Feet
  • Taxes are $8,246
  • Colonial
  • Active
  • Lot size of 0.35 Acre(s)
  • Built in 1881
  • Oley, PA
  • Berks County
  • MLS/Web ID is 1001853386
  • Price Reduced

 Virtual Tour

Description

An outstanding commercial business 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.

Room Information

  • Bedroom
  • Bedroom
  • Bedroom
  • Dining Room
  • Family Room
  • Kitchen (Eat-In)
  • Living Room
  • Master Bedroom
  • Master Bedroom
  • Other
  • Other
  • Other
  • Other

Interior 11

Appliances

  • Other

Basement

  • Basement
  • Full Basement
  • Laundry in Basement
  • Unfinished

Cooling System

  • Central Air
  • Wall Unit(s)

Fireplace

  • Non-Working Fireplace

Flooring

  • Tile Flooring
  • Wood Floors

Heating Source

  • Oil
  • Propane

Heating System

  • Forced Air
  • Hot Water

Interior

  • Ceiling Fans

Room Features

  • Eat-in Kitchen

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 5

Construction

  • Brick
  • Stone

Exterior

  • Patio
  • Porch

Land Improvements

  • Sidewalks
  • Street Lights

Lot Description

  • Rear Yard

Roof

  • Flat Roof
  • Pitched/Sloped

Miscellaneous 1

Utilities

  • Bottled Gas
  • TV-Cable

† Excluded Feature

Neighborhood & Schools

School District: OLEY VALLEY
High School: OLEY VALLEY SENIOR

 See complete school information

Listed By

Broker: RE/MAX OF READING

401 MAIN STREET, Oley, PA, 19547 is a Single Family Home for sale at $349,900 with 8,857 sqft and a lot size of 0.35 Acre(s). 401 MAIN STREET has 8 bedrooms, 5.1 baths, and was built in 1881. The property's zip code is 19547 which is in Oley, PA

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Pricing History

Date Price Price Change Description
10/5/2018 $349,900 -6.69 % Price Change
8/29/2018 $375,000 -6.23 % Price Change
6/13/2018 $399,900 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Oley $383,855 10 % above $307,250 12 % below
Single family listings in Oley $294,869 16 % below $315,000 10 % below
Sold listings in Oley $193,332 45 % below $185,000 47 % below

Get the facts about Oley, PA!

Population 1,183
Population Growth (since 2000) 3 %
Median Income $67,373
Median Age 45.89
Households w/ Children 27 %

Residential Dwellings

  • Owned 363
  • Vacant 22
  • Rented 124

Similar Listings

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