Company Logo
fill
fill
fill
Schneider Real Estate Agency
fill
Main Office:
609-893-5800
schneiderrealestateagency@
gmail.com
fill
fill
fill
fill
fill
Buyers Info
fill
Sellers Info
fill
Owning Your Home
fill
Investing Advice
fill
Mortgage Info
fill
Neighborhood Info
fill
School Info
fill
Mortgage Calculator
fill
fill
fill
FOR SALE
$3,200,000

207-215- Main Street
Royersford, PA 19468

General Commercial
Commercial
0.52
Acre Lot
Courtesy: TCS Management, LLC, (215) 383-1439
brightmlshomes.com> Pennsylvania> Royersford> 19468
Unique opportunity to acquire the fee simple interest in 211-215 Main Street, known as the Royersford Hotel, as well as the adjacent property situated at 207-209 Main Street. 211-215 Main Street : The Royersford Hotel consists of (5) one-bedroom apartments, (1) studio, (12) hotel rooms, and a ±3,500 square foot restaurant/bar with a built-out kitchen, Hotel (H) Liquor License, and 22 off-street parking spaces. 207-209 Main Street: This is a 7-unit apartment building currently being run with the Hotel. This property consists of (3) one-bedroom apartments, (2) studios, (2) rooms, and a laundry room. Current ownership runs both properties as a hotel with the owner paying all utilities. They have a one-week minimum stay with an estimated average of six-month stay. Some tenants have been there for 10+ years. Both properties operate with nearly no vacancy. Less than half a mile away from the subject property, the Spring City Hotel charges ±$250 per room per week (with communal bathrooms), and $350 to $375 for studio apartments. Spring City Hotel posts a ±95% occupancy rate with a two-week minimum stay at significantly higher rental rates proving the market rents can be increased significantly at The Royersford Hotel. New ownership has numerous options available to rent the rooms/apartments to increase the income of this property â whether it be nightly, extended stay, or a hybrid model. In addition, they can operate the restaurant/bar or lease the space and hotel liquor license to a prospective tenant. The properties are located on âMain Streetâ, Royersfordâs highest-traveled road, with an array of restaurants and storefronts. In addition, the properties are situated down the road from The Riverfront at Royersford, the newest mixed-use development in Royersford, featuring 188 apartment units and 10+ retail stores making this one of the largest attractions in town.
PAMC2097878
General Commercial
ROYERSFORD BORO
MONTGOMERY
1880
0.52 Acres
Electric Water Heater, Public Water Service
Public Septic System, Public Sewer
Loading...
The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

Walk Score

Transit Score

Bike Score

Loading...
Courtesy: TCS Management, LLC, (215) 383-1439
This content last refreshed on 4/27/2024 11:50 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.