Slate Run PA Commercial for Sale

ADDITIONAL INFORMATION

Presenting an extraordinary opportunity to own a boutique hotel in a prime location celebrated for its rich outdoor activities. This exclusive property offers unparalleled access to the renowned Pine Creek known as top streams in the world for fly fishing of trophy trout. The hotel is sitting on Pine Creek which is stocked with Trophy Trout. It is positioned right at the beginning of âThe Stretchâ. This 2.8 mile section of Pine Creek, beginning at the mouth of Slate Run and continuing downstream to Bonnell Run, is stocked by both the PFBC and the Brown Trout Club. There is also exclusive access and right of way through the parking lot in the back for access to Pine Creek and Slate Run Stream. Additionally, its proximity to one of the best biking trails in the country, as highlighted by a leading publication, further enhances its appeal. The hotel boasts strong financial performance, evidenced by an average daily rate (ADR) of $36.39, which surpasses the Central PA average of $31.00. With a valuable bar license in place, this property is well-positioned for continued success under new ownership. Spanning 1.86 acres, the property features 10 well-appointed bedrooms and 12 bathrooms. The hotel also offers a spacious dining room with breathtaking panoramic views, creating a memorable experience for guests. A large parking lot on the side and back of the property provides ample space for guests, with convenient access to the stream. Opportunities for expansion and additional revenue are abundant. The unfinished basement, extending the entire length of the building and measuring approximately 3,974 square feet, offers potential for creating additional recreational spaces, such as a gaming zone,escape room or any type of revenue generating place. The property is also ideal for hosting weddings, with a high volume of inquiries already being received. Furthermore, the introduction of ancillary services, such as bike, canoe, and boat rentals, or even an ATM and mini-mart, could open new revenue streams. The property also features a full basement and one room with accessibility features, including a ramp, catering to guests with special needs. Built in 2004, the hotel is constructed with a combination of block, vinyl siding, and some stone accents, all under an asphalt-shingled roof. The building is equipped with modern conveniences, including forced air heating, a propane system, and an outdoor wood furnace. This hotel represents a unique investment opportunity in a location that draws visitors from around the world, whether for the exceptional fly fishing or the beautiful biking trails. Donât miss out on the chance to own this exceptional property and expand its already successful operations. Investment Highlights 10 Room Hotel with 1 room having a ramp access and ADA compliant It has a very large dining room/restaurant with literally 2 kitchens GBA as discussed : First Floor 3974 sqft Second Floor 2752 sqft (Completely built out floor plan added here) Lower Level/Basement 3974 sqft can be used for added income streams currently not built out. 2 Highly well equipped restaurant kitchens with equipment cost well over 250k One of the great features to keep heating bills low is the fact they have an outdoor wood furnace and propane forced air heating system. Lots of opportunity for growth by taking on wedding business, boat & kayak rental, having a mini mart Year built was 2004 Upon signing of NDA financial information will be provided