17089 Boot Jack Rd - Hospitality FOR SALE


Ridgway, PA 15853
$939,000 USD
814-781-1393
17089 Boot Jack Rd, Ridgway, PA for Sale
$939,000 USD
Hospitality - FOR SALE
1/26
null | Request Cap Rate

17089 Boot Jack Rd
Ridgway, PA 15853


HIGHLIGHTS

  • Established hospitality operation with bar, restaurant, banquet hall, and hotel rooms.
  • Direct frontage and visibility along Route 219 with strong year-round traffic.
  • Diversified revenue from food service, events, lodging, and apartments.
  • Large banquet hall suited for weddings, corporate events, and community functions.
  • Liquor license included in sale to streamline transition and future operations.
  • Opportunity for branding upgrades and enhanced revenue management.

OVERVIEW

Positioned directly along highly traveled Route 219, this exceptional hospitality and event property offers a rare opportunity to acquire a fully operational, multi-component business with strong regional visibility and built-in demand drivers. The asset includes an established bar and restaurant, a large and versatile banquet hall ideal for weddings, reunions, corporate functions, and community events, and a 42-room hotel supported by two efficiency apartments that expand long-term or extended-stay revenue potential. With its unique combination of food-and-beverage, lodging, and event-space revenue streams, the property provides a diversified income profile that is increasingly difficult to replicate in today’s market. The property’s frontage on Route 219 ensures year-round exposure to both local traffic and regional travelers connecting through key north-south corridors. Its long-standing operation within the community allows a buyer to step immediately into a stable, recognized business with significant upside for repositioning, branding, or expansion. The included liquor license further enhances value by preserving a critical operating component that is both costly and time-consuming to acquire independently. This offering is well-suited for investors seeking a hospitality asset with operational infrastructure already in place, owner-operators looking to expand their portfolio, or developers exploring long-term repositioning options. With multiple income verticals, prominent road visibility, and flexible event capacity, 17089 Boot Jack Rd stands as a rare plug-and-play opportunity in a high-demand corridor.

FOR SALE DETAILS

PRICE

$939,000 USD

PRICE/SF

$35 USD /SF

# OF ROOMS

44

PRICE/ROOM

$21,341 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Royal Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1955

PARKING SPACES

106

LAND DETAILS

LAND ACRES

3.08 AC

LAND SF

134,165 SF

ZONING

HC

APN/PARCEL ID

09-12-282-2295,09-12-282-2436

ASK ABOUT THIS PROPERTY

Gale O'NeillElk County Real Estate, LLCMore Info
814-781-1393

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Gale O'NeillElk County Real Estate, LLCMore Info
814-781-1393

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