209, 211 & 217 Main Street
Royersford,
PA
19468
Property Details
| List Price: |
$2,999,000 |
| Beds: |
-- |
| Baths: |
-- |
| Status: |
Active |
SqFt: |
-- |
| Agency: |
RE/MAX Services |
| Agency Phone: |
(215) 641-2500 |
Description/Comments
| Lot Size: |
0 acre(s) |
| Property Type: |
Commercial Sale-Other |
| Year Built: |
1880 |
| Notes: |
This is a rare and unique opportunity to acquire the profitable Royersford Hotel! The purchase includes two adjacent buildings consisting of 17,538 sq. ft. which includes 25 rooms and 1 bedroom apartments plus a recently updated bar/restaurant with hotel liquor license. The CAP rate for 2023 income/expenses is 8.15%! Current ownership runs both properties as a hotel with a minimum stay of 1 week for tenants. Vacancies for the 25 units is rare and some tenants have been there for many years. 209 Main St is a 7 unit building with (3) one bedroom apartments, (2) studios, (2) hotel rooms and a laundry room which services both buildings. 211 Main St has (5) one bedrooms apartments, (12) hotel rooms and(1) studio. The first floor is a 3,500 sq. ft. bar, restaurant & fully equipped commercial kitchen with front & rear entrances. The new owner can manage the business themselves, in conjunction with a partner or lease the bar & restaurant to a new tenant. The growth opportunities for the bar & restaurant are significant. The commercial kitchen is a valuable asset to this business and meets all safety & hygiene standards with high end cooking equipment, exhaust system, fire suppression and fridge/freezer storage. New & used cooking oil is stored in basement cylinders for easy access & clean up. The video and images of the property speak for themselves. Please contact the list agent for financial information and to schedule an appointment. This is a must see investment opportunity! |
| MlsNumber: |
-- |
| ListingId: |
PAMC2116360 |
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| Listing Provided By: |
RE/MAX Services, original listing |
| Phone: |
(610) 641-2505 |
| Office Phone: |
(215) 641-2500 |
| Agent Name: |
Michael Choplin |
| Disclaimer: |
Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |
