1535 Port Matilda Hwy - Hospitality FOR SALE


Philipsburg, PA 16866
$1,750,000 USD
814-343-6371
1535 Port Matilda Hwy, Philipsburg, PA for Sale
$1,750,000 USD
Hospitality - FOR SALE
1/46
null | 25% Cap Rate

1535 Port Matilda Hwy
Philipsburg, PA 16866


HIGHLIGHTS

  • Updated 16 Room Motel with 2 full bars and 3 dining rooms and Outside dining.
  • Penn State Alumni Hot Spot and a tourist destination just miles from Black Moshannon State Park, Rails ToTrails, Cold Stream Dam and Happy Valley
  • Lot is 1.38 Acres with 84 parking spaces in a newly paved parking lot.

OVERVIEW

The We Are Inn is Philipsburg’s go-to Penn State alumni destination, conveniently located across from Cold Stream Dam and Park. This lively hot spot offers 16 spacious motel rooms, each outfitted with a plush king-size bed, private bath, mini refrigerator, cable TV, WiFi, a desk, ottoman, and roll-out dinette table—perfect for comfort and convenience. The restaurant area features two energetic bars and three distinct dining rooms with both indoor and outdoor seating options, creating a festive atmosphere for game days or relaxing evenings. Guests enjoy access to four pristine restrooms, while staff benefit from a dedicated employee restroom. Set on a generous 1.38-acre parcel, the property boasts ample parking with 48 spaces in the front and 36 in the rear. Adding to its charm, the on-site ice cream shop serves irresistible soft-serve treats beloved by locals and visitors alike. Just minutes from Black Moshannon State Park, Happy Valley, and situated along the Rails to Trails path, the We Are Inn is the ideal getaway for sports enthusiasts, nature lovers, and travelers seeking the perfect mix of adventure, comfort, and community spirit in central Pennsylvania.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$139 USD /SF

# OF ROOMS

16

PRICE/ROOM

$109,375 {currency}

CAP RATE

25%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

We Are Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1965

PARKING SPACES

55

LAND DETAILS

LAND ACRES

1.72 AC

LAND SF

74,976 SF

ZONING

C2

APN/PARCEL ID

05-026B-047-0000

ASK ABOUT THIS PROPERTY

Wanda RyenRyen Realty LLCMore Info
814-343-6371

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Wanda RyenRyen Realty LLCMore Info
814-343-6371

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.