request_info_guest false

209, 211 & 217 Main St

$2,750,000

209, 211 & 217 Main St, Royersford, Pa 19468

Active
Last Updated: 02/08/2025

10.94

Cap Rate

300,954.67

NOI

Details:
Cap Rate:    10.94%
NOI:    $300,954.67
Building Size:    17,538 sqft
Year Built:    1880
Price Per Sqft:    $156.80
Zoning:    BAR/HOTEL, RETAIL, APTS
Roof:    Shingle, Pitched
Highlights:
  • Days on Market: 155
  • Heating: Baseboard - Electric, Forced Air
Description:

Backs to Trees, Road Frontage

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. The CAP rate for 2024 income/expenses is 10.94%! 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 attached spreadsheet or contact the list agent for financial information and to schedule an appointment. This is a must see investment opportunity!

Map:
Location
Gallery