Ignite FB Tracking Pixel209, 211 & 217 Main Street, Royersford, PA 19468 - Wander Batista
United Real Estate Strive 212
Wander Batista, United Real Estate Strive 212Phone: (484) 794-2645
Email: [email protected]
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listing
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Business OpportunityFor Sale
$2,750,000
209, 211 & 217 Main Street
Royersford, PA 19468
Listed by: Re/max Services, 2156412500
MLS: Bright MLS
17,538Sq Ft
Est. Mortgage
$14,295/mo

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!

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This data is up-to-date as of 11/16/2024 12:23 PM. Listing provided by Michael S Choplin of Re/max Services.
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