34 East for Sale

Two of Ambler’s most iconic properties are currently for sale, the Ambler Cabaret was listed back in April, and today 34 East Tavern (or The Wyndham, as I still like to call it) hit the market. The owners are asking $2,899,000 for the property, which includes the infamous historic building with full kitchen, bar and restaurant (second and third floors are currently shells), a liquor license, the adjacent parking lot, and the building that houses El Limon.

This property has had a troubled past; between several unsuccessful endeavors, a partial wall collapse, and other sordid events, it seems to carry a bit of a dark cloud. The MLS remarks state that the property is ideal for “a hands-on owner who can take this location to the next level,” I couldn’t agree more. Between the incredible architectural detail and the best patio in town, there is LOADS of potential here. I’ve heard it called the crown jewel of the town, I hope that someone will come along and truly make it shine.

UPDATE, January 15, 2015:

The listing for 34 East expired this past November. The property was re-listed today at a reduced price of $2,400,000.

UPDATE, April 7, 2015:

The property settled yesterday, April 6, 2015, for $1,725,000.

 

Categories: Ambler, Real Estate

  1. COMMON CENTS

    ABSENTEE OWNERSHIP DOES NOT WORK. YOU MUST WATCH THE STORE. IF YOU DON’T SOMEONE WILL STEAL IT…….A 20 YR OLD WITH NO MANAGEMENT EXPERIENCE THAT WORKED 3 HOURS EVERY OTHER DAY, C’MON MAN!!!!

  2. Abs

    We need a restaurant there that is more than a sports bar with cruddy food and service. We need something else that is either ethnic or maybe a true gastro pub (like a mix bw an American sportsbar and forest and main) where you can go not only for ambiance but GREAT FOOD. I’m so bored of this idea that a restaurant in the burbs can get away with serving sub par food – ambler a dining scene proves that you need to show that your putting some serious creative effort in! This place just didn’t hack it… Sorry. As much as I would love a fabulous sushi/Japanese restaurant, not sure it can justify the whole space unless it’s an already established place (bluefin the sequel would work well IMO). There is definitely a need for local sushi and I feel with our growing young population it could do quite well. I also think an amazing Greek or middle eastern restaurant could be welcomed. We have a wonderful diverse population in ambler and we are creeping closer to showing that in our dining scene. And, let’s be honest, our area of mont.co. Is over saturated w the sports bad thing. Just my opinion!!