209, 211 & 217 Main St, ROYERSFORD, PA

$2,000,000

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17,538

Square feet

0.70

Acres

About 209, 211 & 217 Main St

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 $1.6M! 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!

Features of 209, 211 & 217 Main St

MLS® # PAMC2116360
Price $2,000,000
Bathrooms 0.00
Square Footage 17,538
Acres 0.70
Year Built 1880
Type Commercial Sale
Sub-Type Five Or More Units
Status Active Under Contract

Community Information

Address 209, 211 & 217 Main St
Area Royersford Boro (10619)
City ROYERSFORD
County MONTGOMERY-PA
State PA
Municipality ROYERSFORD BORO
Zip Code 19468

Amenities

Is Waterfront No

Interior

Heating Baseboard - Electric, Forced Air
Cooling Central A/C, Window Unit(s)
Has Basement No
Fireplace No

Exterior

Exterior Brick and Siding, Stucco
Lot Description Backs to Trees, Road Frontage
Roof Shingle, Pitched
Foundation Brick/Mortar

School Information

District SPRING-FORD AREA

Additional Information

Date Listed September 7th, 2024
Days on Market 318
Zoning BAR/HOTEL, RETAIL, APTS
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX Services
Contact Info2156412500

Listing Map

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