NOT LISTED FOR SALE

401 Main St Oley, PA 19547

8 Beds
5.5 Baths
8,857 Sq Ft
0.35 Acres

Last Sold October 30, 2020

Last sale price $210,000 $24 Per Sq Ft

784 Days on Market

Highlights

  • Commercial Range
  • Wood Flooring
  • Porch
  • Colonial Architecture
  • No HOA
  • Eat-In Kitchen

About This Home

As of October 2020

3D Virtual tour is available, find the VR link option on the page and click to view. The seller is also available to do a live video tour upon request. 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.

Last Agent to Sell the Property

Mark Shanaman

RE/MAX Of Reading License #RS182255L Listed on: 06/13/2018

RE/MAX Of Reading

Co-Listed By

Randy Weidner

RE/MAX Of Reading License #RS-196634-L

Last Buyer's Agent

Mark Shanaman

RE/MAX Of Reading License #RS182255L Listed on: 06/13/2018

RE/MAX Of Reading

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1881

Lot Details

  • 0.35 Acre Lot
  • Back Yard
  • Property is zoned VILL

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Pitched Roof
  • Stone Siding

Interior Spaces

  • 8,857 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Non-Functioning Fireplace
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Commercial Range

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 24 Open Parking Spaces
  • Driveway
  • Paved Parking
  • Parking Lot

Outdoor Features

  • Patio
  • Porch

Schools

  • Oley Valley Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Hot Water Heating System
  • 200+ Amp Service
  • 60 Gallon+ Propane Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5539
  • Assessor Parcel Number 67-5349-19-50-5539

Home Details

Home Type

Single Family

Year Built

Built in 1881

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Traditional
  • Ownership: Fee Simple
  • Inclusions: See Attached Equipment List
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1881
  • Automatically Close On Close Date: No
  • Remarks Public: 3D Virtual tour is available, find the VR link option on the page and click to view. The seller is also available to do a live video tour upon request. 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.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Commercial Range
  • Flooring Type: Wood, Tile/Brick
  • Interior Amenities: Ceiling Fan(s), Kitchen - Eat-In
  • Fireplace Features: Non-Functioning
  • Fireplace: Yes
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 8857
  • Living Area Sq Ft: 8857
  • Net Sq Ft: 8857.00
  • Price Per Sq Ft: 25.40
  • Above Grade Finished Sq Ft: 8857
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 401

Beds/Baths

  • Bedrooms: 8
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 6
  • Upper Level Bathrooms: 6.00
  • Upper Level Full Bathrooms: 5
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick, Stone
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Flat, Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 24
  • Parking Features: Paved Parking, Paved Driveway
  • Type Of Parking: Driveway, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Oil
  • Heating Type: Hot Water, Forced Air
  • Heating: Yes
  • Hot Water: Propane, 60+ Gallon Tank
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: OLEY VALLEY
  • High School: OLEY VALLEY SENIOR
  • School District Key: 300200397314
  • High School: OLEY VALLEY SENIOR

Lot Info

  • Improvement Assessed Value: 173200.00
  • Land Assessed Value: 37700.00
  • Land Use Code: 4220
  • Lot Features: Rear Yard
  • Lot Size Acres: 0.35
  • Lot Dimensions: IRREG
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15246.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Zoning: VILL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1549595
  • Tax Annual Amount: 8246.00
  • Assessor Parcel Number: 67-5349-19-50-5539
  • Tax Lot: 5539
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 10/30/2020

MLS Schools

  • School District Name: OLEY VALLEY

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $210,000 -6.7% $24 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
07/24/2020 07/24/20 Price Changed $225,000 -6.3% $25 / Sq Ft
05/11/2020 05/11/20 Price Changed $240,000 -7.7% $27 / Sq Ft
12/20/2019 12/20/19 Price Changed $260,000 -5.4% $29 / Sq Ft
07/29/2019 07/29/19 Price Changed $274,900 -8.3% $31 / Sq Ft
05/13/2019 05/13/19 Price Changed $299,900 -7.7% $34 / Sq Ft
04/15/2019 04/15/19 For Sale $324,900 0.0% $37 / Sq Ft
03/13/2019 03/13/19 Pending -- -- --
03/06/2019 03/06/19 Price Changed $324,900 -7.1% $37 / Sq Ft
10/05/2018 10/05/18 Price Changed $349,900 -6.7% $40 / Sq Ft
08/29/2018 08/29/18 Price Changed $375,000 -6.2% $42 / Sq Ft
06/13/2018 06/13/18 For Sale $399,900 -- $45 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001853386

Bright MLS