MontcoREsource

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

This entry was posted on Thursday, July 24th, 2014 at 6:47 pm and is filed under Ambler, Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

Comments are closed.