209, 211 & 217 Main Street, Royersford, PA 19468 - Photo 1

Save This Listing

Close

1/71

View All Photos

$2,750,000

For Sale
Active
Business

See This Home

Save This Listing

Close

1/71

Property Description

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!

Virtual Tour

Full Property Details

Full Property Details for 209 211 & 217 Main St

General

Price: $2,750,000
Taxes: $13,796 (2023)
Status: Active
Type: Business
Source: BrightMLSPhilly
MLS ID: PAMC2116360
Updated: 12/6/2024
Added to Site: 106 day(s) ago

Business

Business Type: Apartment Building, Restaurant/Bar

Interior

Flooring: Carpet, Ceramic Tile, Hardwood, Luxury Vinyl Tile

Parking

Total Spaces: 25
Parking Type: Parking Lot

Location

Area: Royersford Boro (10619)
Municipality: ROYERSFORD BORO
County: Montgomery
Cross Streets: S 3rd Ave
Driving Directions: USE GPS
Location Details: Business District

Heating & Cooling

Central air: Yes
Cooling Type: Central A/C, Window Unit(s)
Cooling Fuel: Electric
Heating Type: Baseboard - Electric, Forced Air
Heating Fuel: Electric, Natural Gas
Water Heater: Electric, Propane

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Construction: Brick, Stucco
Foundation: Brick/Mortar
Roof: Shingle, Pitched
Entry Floor Number: 1
Stories/Levels: 0
Year Built: 1880
Year Built Source: Assessor
Property Condition: Very Good

Unit Information

# Tenants: Multiple

Lot Features

Lot Size (Acres): 0.7
Lot Size (Sq. Ft.): 30,492
Lot Size Source: Estimated
Lot Dimensions: 73.00 x 0.00
Frontage Feet: 118
Street/Road Desc.: Black Top
Lot Features: Backs to Trees, Road Frontage
Zoning: BAR/HOTEL, RETAIL, APTS
Lot Description: Backs to Trees, Road Frontage

Financial Considerations

Price Per Sq. Ft.: $156.8
Operating Expenses: $55,423
Assessment Year: 2024
School Tax: $9,493
City/TownTax: $2,905
City/TownTax Freq: Annually
County Tax: $1,398
County Tax Freq: Annually
Tax w/Assessment: $291,980
Tax Amount: $13,796
Tax Year: 2023
Owner Pays: All Utilities, Common Area Maintenance, Electricity, Gas, Heat, Insurance, Payroll, Sewer, Sewer Maintenance, Supplies, Staff Apartment, Taxes - Real Estate, Trash Collection, Water
Landlord Pays: All Utilities, Common Area Maintenance, Electricity, Gas, Heat, Insurance, Payroll, Sewer, Sewer Maintenance, Supplies, Staff Apartment, Taxes - Real Estate, Trash Collection, Water

Disclosures and Reports

Ownership: Fee Simple
Exclusions: Any leased equipment. Electronic games in the bar area and cooking oil cylinders in the basement.
Inclusions: All equipment, furniture, inventory and supplies related to the bar, restaurant and hotel rooms plus Hotel Liquor License.
Investment: Yes
Lot Number: 19

Listed by RE/MAX Services, Michael S Choplin

Quickly Find Out More

* Indicates a required field

Full Name *

Email Address *

Mobile Phone Number *

See this property in person

Comment *

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking SUBMIT, I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Policy.

We Value Your Privacy

Listing agent

— 209 211 & 217 Main St —

Michael S Choplin

RE/MAX Services

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender

NMLS#: 1598647

Get Pre-Approved

Schools

Schools serving 209 211 & 217 Main St

School District:Spring-Ford Area School District

Name	Grades	Distance
Royersford Elementary School 450 Spring St, Royersford, PA 19468	PK-5	0.3 mi
Spring-Ford Intermediateschool 5th-6th 833 S Lewis Rd Bldg 3, Royersford, PA 19468	K-4	1.5 mi
Spring-Ford Ms 7th Grade Center 833 S Lewis Rd Bldg 3, Royersford, PA 19468	K-4	1.5 mi
Spring-Ford Ms 8th Grade Center 700 Washington St, Royersford, PA 19468	8-8	0.6 mi
Spring-Ford Shs 9th Grade Center 400 S Lewis Rd, Royersford, PA 19468	9-9	0.8 mi
Spring-Ford Senior High School 350 S Lewis Rd, Royersford, PA 19468	10-12	0.9 mi

Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 209 211 & 217 Main St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

10/28/2024

Price Reduced

$2,750,000

-8.3%

MLS

9/07/2024

Listed

$2,999,000

—

MLS

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 209 211 & 217 Main St

313 Meadowview Ln, Mont Clare, PA 19453 - Photo 1

Just Listed

$210,000

Open House

313 Meadowview Ln #313 Mont Clare, PA 19453

Condo
Active
Updated 3 days ago

2
Beds
1
Total Bath
933
Sq. Ft.

Listed by Keller Williams Real Estate -Exton, Robert G. Hansen

53 W 3rd Ave, Trappe, PA 19426 - Photo 1

Just Listed

$824,999

53 W 3rd Ave Trappe, PA 19426

Single Family
Active
Updated 19 hours ago

4
Beds
4
Total Baths
3,150
Sq. Ft.

Listed by The JRS Realty Group, John R. Salkowski and The JRS Realty Group, Michele Darreff

100 Osprey Way, Phoenixville, PA 19460 - Photo 1

Just Listed

$699,900

100 Osprey Way Phoenixville, PA 19460

Townhouse
Active
Updated 2 days ago

3
Beds
4
Total Baths
2,840
Sq. Ft.

Listed by Legacy Real Estate Associates, LLC, Robert Landis and Legacy Real Estate Associates, LLC, Kristen L Weller

734 Ore St, Phoenixville, PA 19460 - Photo 1

Just Listed

$585,490

Open House

734 Ore St Phoenixville, PA 19460

Townhouse
Active
Updated 1 day ago

3
Beds
3
Total Baths
2,135
Sq. Ft.

Listed by D.R. Horton Realty of Pennsylvania, LeeAnne Sebastian

700 Daniel Dr, Collegeville, PA 19426 - Photo 1

Price Reduced

-$10,000 (-1.43%)

$689,900

700 Daniel Dr Collegeville, PA 19426

Single Family
Active
Updated 4 days ago

4
Beds
2
Total Baths
3,044
Sq. Ft.

Listed by RE/MAX 440 - Skippack, Christopher Monte

3924 Beth Dr, Collegeville, PA 19426 - Photo 1

Price Reduced

-$25,100 (-4.78%)

$499,900

3924 Beth Dr Collegeville, PA 19426

Single Family
Active
Updated 5 days ago

4
Beds
3
Total Baths
3,284
Sq. Ft.

Listed by Keller Williams Real Estate-Blue Bell, Zachary A Behr

746 Martingale Rd, Schwenksville, PA 19473 - Photo 1

Price Reduced

-$15,100 (-3.64%)

$399,900

746 Martingale Rd Schwenksville, PA 19473

Townhouse
Active
Updated 2 days ago

3
Beds
3
Total Baths
2,200
Sq. Ft.

Listed by Keller Williams Realty Group, Shari S St. Pierre and Keller Williams Realty Group, Terese E Brittingham

429 Dartmoor Rd, Schwenksville, PA 19473 - Photo 1

Price Reduced

-$9,900 (-2.25%)

$430,000

429 Dartmoor Rd Schwenksville, PA 19473

Single Family
Active
Updated 2 days ago

3
Beds
3
Total Baths
1,971
Sq. Ft.

Listed by Keller Williams Real Estate-Montgomeryville, Mariel A Gniewoz and Keller Williams Real Estate-Montgomeryville, Stacey Infanti

209, 211 & 217 Main Street, Royersford, PA 19468 (MLS# PAMC2116360) is a Business property. 209, 211 & 217 Main Street is currently listed for $2,750,000 and was received on September 07, 2024. Want to learn more about 209, 211 & 217 Main Street? Do you have questions about finding other Business real estate for sale in Royersford? You can browse all Royersford real estate or contact a Coldwell Banker agent to request more information.

209 211 & 217 Main St Royersford, PA 19468