211 Main St - Bar FOR SALE


Royersford, PA 19468
$2,250,000 USD
610-291-3056
211 Main St, Royersford, PA for Sale
$2,250,000 USD
Bar - FOR SALE
1/50
null | 7.16% Cap Rate

211 Main St
Royersford, PA 19468


HIGHLIGHTS

  • 25 Unit Hotel/Apartments
  • Bob's Bar & Restaurant
  • 25 Car Parking Lot
  • Hotel Liquor License
  • 100% Occupancy
  • Two Adjacent Buildings

OVERVIEW

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 $2.3M! 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!

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$128 USD /SF

CAP RATE

7.16%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

ADD'L SUBTYPES

Restaurant, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,492 SF

ZONING

Commercial

APN/PARCEL ID

10-00-02276-009,19-00-02280-005,19-00-02288-006

ASK ABOUT THIS PROPERTY

Michael ChoplinRE/MAX ServicesMore Info
610-291-3056

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Michael ChoplinRE/MAX ServicesMore Info
610-291-3056

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