Bar, restaurant owner buys former bus terminal in Reading

DeCarlo's will use lot for parking, lease building

READING, Pa. - A once-bustling bus terminal in downtown Reading has a new owner.

DeCarlo's Bar and Grill, located at 240 Penn Street, has purchased the former Inter-City Bus Terminal from C.R.B., Inc., real estate firm NAI Keystone announced Tuesday.

The terminal sits on the corner of North Third and Court streets, but the property, which includes a large parking lot, has an address of 249 Penn Street, directly across the street from DeCarlo's.

The restaurant and bar plans to use the lot for customer parking while it leases the former terminal, which closed in February, when the Bieber bus company ceased operations.

"My hope is whoever leases the building, or if I decide to do something on my own, that it's contingent upon the betterment to the city of Reading and its citizens through service provided and employment opportunities," said owner Daniel DeCarlo.

A purchase price was not disclosed. C.R.B. Inc., which is not affiliated with Bieber Transportation Group, listed the property for sale last June with an asking price of $650,000. That price was later lowered to $500,000.

Another downtown business owner is happy with the news.

"I love the DeCarlos," said Tyler Simmons, who owns The Plug sneaker store and sits on the Downtown Improvement District's board of directors. "They're people persons and they open their doors to anybody."

Simmons said he's motivated by DeCarlos' move.

"'Anything's possible,' that's a slogan I use," said Simmons. "If you put your mind to it and you put the hard work and dedication and determination, anything is possible," Simmons said. "They're showing it. They own half the block right now. That's truly inspirational, and one day, I hope to follow in their footsteps."

The nearly 16,000-square-foot building, constructed in 1969, originally served as a car dealership before its conversion to a bus terminal in 1973. It has indoor parking on the upper and lower levels.

"We are excited about the versatility the space has to offer to a variety of different types of businesses seeking a prominent downtown location with on-site parking," said Kyle McKechnie, NAI Keystone's vice president of sales and leasing. "We look forward to working with the DeCarlos in finding a tenant."

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