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

parkingSpaces 25
|Other
THB ฿100,436,510
USD $2,999,000
Published on: 09 Sep 2024
Last updated on: 11 Sep 2024
209, 211 & 217 MAIN STREET, ROYERSFORD, PA 19468
209, 211 & 217 MAIN STREET, ROYERSFORD, PA 19468
209, 211 & 217 MAIN STREET, ROYERSFORD, PA 19468
+71
209, 211 & 217 MAIN STREET, ROYERSFORD, PA 19468
  • 71
Property ID: 110094437716
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Key property information

Land Size
2,832.80 m2
Parking Spaces
25

Business Oportunity - ROYERSFORD, PA

209, 211 & 217 MAIN STREET, ROYERSFORD, PA 19468
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. Average daily traffic count 15,000-20,000. Please contact the list agent for financial information and to schedule an appointment. This is a must see investment opportunity!

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Parking Spaces
25
Land Size
2,832.80 m2
Year Built
1880
Architecture Style
Other
Franchise
RE/MAX International
County
MONTGOMERY
Provider
RE/MAX Services
Brokerage Office Name
RE/MAX Services
Brokerage Office Phone
215-641-2500
Neighbourhoods
ROYERSFORD BORO
Address
209, 211 & 217 MAIN STREET, ROYERSFORD, PA 19468

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Contact Agent
Michael Choplin
794 Penllyn Blue Bell PIKE, Blue Bell, PA 19422
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Michael Choplin
794 Penllyn Blue Bell PIKE, Blue Bell, PA 19422
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      Property ID: 110094437716

      Data provided by RE/MAX Services, MLS #: PAMC2116402
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