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

Other
THB ฿94,796,867
USD $2,750,000
Published on: 09 Sep 2024
Last updated on: 09 Dec 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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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 2024 income/expenses is 10.94%! 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!

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
2,832.80 m2
Year Built
1880
Architecture Style
Other
County
MONTGOMERY
Provider
Bright MLS
Brokerage Office Name
RE/MAX Services
Brokerage Office Phone
215-641-2500
Neighbourhoods
ROYERSFORD BORO
Address
209, 211 & 217 MAIN STREET, ROYERSFORD, PA 19468
Contact Agent
Michael Choplin
RE/MAX Services
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 Bright MLS, MLS #: PAMC2116402
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