Eddie Montgomery's Steakhouse Building Purchased By Bank

Jan 10, 2014

A local bank has become the new owner of the shuttered Eddie Montgomery's Steakhouse.

Credit pennsstore.com

At a Master Commissioner's sale in Mercer County Friday, Central Bank and Trust submitted the sole and winning bid of $4.25 million.

Montgomery, one half of the duo Montgomery Gentry, recently filed for bankruptcy, claiming he's more than $13 million in debt. Much of that comes from his failed restaurant business which he owned with his now ex-wife Tracy Nunan.

The steakhouse abruptly closed last year.