209, 211 & 217 MAIN STREET, Royersford, PA 19468

  • $2,750,000
209, 211 & 217 MAIN STREET, Royersford, PA 19468
Active Very Good
209, 211 & 217 MAIN STREET, Royersford, PA 19468
209, 211 & 217 MAIN STREET, Royersford, PA 19468
  • $2,750,000

Overview

Property ID: PAMC2116402
  • Business Opportunity
  • Property Type
  • 17538
  • 0.7
  • Lot Acres
  • 1880
  • Year Built

Description

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 2024 income/expenses is 10.22%! 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. Average daily traffic count 15,000-20,000. Please see attached 2024 income/expense spreadsheet or contact the list agent for financial information and to schedule an appointment. This is a must see investment opportunity!

  • Address 209, 211 & 217 MAIN STREET
  • State/county PA
  • Zip/Postal Code 19468
  • Country US

Details

Updated on November 11, 2024 at 4:57 pm
  • Property ID: PAMC2116402
  • Price: $2,750,000
  • Property Size: 17538
  • Land Area: 0.7 Acres
  • Garage Size: x x
  • Year Built: 1880
  • Property Type: Business Opportunity
  • Property Status: Active

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**Property Disclaimer** The information we provide about this property is believed to be accurate to the best of our knowledge; however, it may change without notice. We are not liable for any mistakes, errors, or omissions in the information presented. We strongly recommend that you conduct your own research and verify all details independently to ensure accuracy. Your diligence in seeking correct information is essential before making any decisions. " Homes Trade Hub "

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