1. Pennsylvania
2. Royersford
3. 209, 211 & 217 MAIN STREET

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

Property 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. 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 the attached 2024 income/expense for the rental units which value the entire property alone for $1.6M! Bob's bar/restaurant income/expense is also attached along with a valuation of the inventory, furniture & fixtures. Please contact the list agent for financial information and to schedule an appointment. This is a unique, must see investment opportunity!

Listing Status:

Active

Date Added:

September 8, 2024 at 05:00AM

Listing Office:

RE/MAX Services : 2156412500

Listing Agent:

Michael S Choplin : 6102913056

MLS ID:

PAMC2116402

Interior

• Flooring: CarpetCeramic TileHardwoodLuxury Vinyl Tile
• A/C: Central A/CWindow Unit(s)
• Heating: YBaseboard - ElectricForced AirElectricNatural Gas
• Disability Feature: 2+ Access Exits

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Michael S Choplin, RE/MAX Services