Royersford PA Commercial for Sale
- Type:
- Office
- Sq.Ft.:
- 1,950
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1992
- Baths:
- MLS#:
- PAMC2123718
ADDITIONAL INFORMATION
Great owner occupier opportunity or investment
$2,750,000
Address not provided Royersford, PA 19468
- Type:
- Business Opportunities
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.7 Acres
- Year built:
- 1880
- Baths:
- MLS#:
- PAMC2116402
ADDITIONAL INFORMATION
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 2024 income/expense spreadsheet or contact the list agent for financial information and to schedule an appointment. This is a must see investment opportunity!
- Type:
- Multi-Family
- Sq.Ft.:
- 17,538
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.7 Acres
- Year built:
- 1880
- Baths:
- MLS#:
- PAMC2116360
ADDITIONAL INFORMATION
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!
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Royersford Real Estate
The median home value in Royersford, PA is $399,900. This is lower than the county median home value of $419,100. The national median home value is $338,100. The average price of homes sold in Royersford, PA is $399,900. Approximately 41.54% of Royersford homes are owned, compared to 50.96% rented, while 7.51% are vacant. Royersford real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Royersford real estate agent to arrange a tour today!
Royersford, Pennsylvania has a population of 4,910. Royersford is less family-centric than the surrounding county with 20.35% of the households containing married families with children. The county average for households married with children is 34.89%.
The median household income in Royersford, Pennsylvania is $59,932. The median household income for the surrounding county is $99,361 compared to the national median of $69,021. The median age of people living in Royersford is 37.6 years.
Royersford Weather
The average high temperature in July is 84.7 degrees, with an average low temperature in January of 21.5 degrees. The average rainfall is approximately 45.5 inches per year, with 20.9 inches of snow per year.