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 | 
| Zip Code | 19468 | 
| Senior Community | N | 
Amenities
| Parking Type | Parking Lot | 
|---|---|
| Is Waterfront | No | 
Interior
| Heating | Baseboard - Electric, Forced Air | 
|---|---|
| Cooling | Central A/C, Window Unit(s) | 
| Fireplace | No | 
| Has Basement | No | 
| Central Air | Y | 
Exterior
| Exterior | Brick and Siding, Stucco | 
|---|---|
| Lot Description | Backs to Trees, Road Frontage | 
| Roof | Shingle, Pitched | 
| New Construction | N | 
| 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
| Office | RE/MAX Services | 
|---|---|
| Contact Info | 2156412500 | 
