About 209, 211 & 217 Main St
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!
Features of 209, 211 & 217 Main St
| MLS® # | PAMC2116402 |
|---|---|
| Price | $2,000,000 |
| Bathrooms | 0.00 |
| Square Footage | 14,038 |
| Acres | 0.70 |
| Year Built | 1880 |
| Type | Business Opportunity |
| Sub-Type | Retail |
| Status | Active Under Contract |
Community Information
| Address | 209, 211 & 217 Main St |
|---|---|
| Area | Royersford Boro (10619) |
| City | ROYERSFORD |
| County | MONTGOMERY-PA |
| State | PA |
| Municipality | ROYERSFORD BORO |
| Zip Code | 19468 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Baseboard - Electric, Forced Air |
|---|---|
| Cooling | Central A/C, Window Unit(s) |
| Has Basement | No |
| Fireplace | No |
Exterior
| Exterior | Brick and Siding, Stucco |
|---|---|
| Lot Description | Backs to Trees, Road Frontage |
| Roof | Shingle, Pitched |
| Foundation | Brick/Mortar |
School Information
| District | SPRING-FORD AREA |
|---|
Additional Information
| Date Listed | September 8th, 2024 |
|---|---|
| Days on Market | 317 |
| Zoning | BAR/HOTEL, RETAIL, APTS |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | RE/MAX Services |
|---|---|
| Contact Info | 2156412500 |
