This Property is no longer advertised on Showcase.com.
Off Market
1/31

600 Flagstaff Rd
Jim Thorpe, PA 18229


OVERVIEW

30+ ACRE HOTEL/RESTAURANT/EVENT INVESTMENT OPPORTUNITY located at “the top of the world,” Flagstaff Event Center, one of the highest destination points in PA with majestic 50-mile, 360 Panoramic views overlooking Jim Thorpe with a rich history including entertainers like Tommy Dorsey & Frank Sinatra. See aerial video & virtual tour. Offering includes “Gallo’s Pub,” 9,000SF+ event center with ballroom, wrap-around balcony, full-service industrial kitchen, intricate courtyard & large parking. A recent developer commissioned approved plans for a 70-room Hotel Development with Ariel tram/gondola system to/from the town of Jim Thorpe, Ferris wheel & event destination. The entire redevelopment of Flagstaff cost ran around 13MM & would generate millions of visitors through the tourism board, state & local community support, not to mention become one of the only aerial trams of its kind in northeast America. This facility can return to its original use or redesigned for additional revenue.

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY TYPE

Sports and Entertainment

TOTAL BUILDING SIZE

10220

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1901

SPRINKLERS

-

PARKING SPACES

150

LAND DETAILS

LAND ACRES

26 AC AC

LAND SF

1,132,560 SF

ZONING

-

APN/PARCEL ID

83-17-J2