Ignite FB Tracking Pixel207-215 Main Street, Royersford, PA 19468 - Wander Batista
United Real Estate Strive 212
Wander Batista, United Real Estate Strive 212Phone: (484) 794-2645
Email: wanderbatista22@gmail.com
Real estate listing preview #1Real estate listing preview #2Real estate listing preview #3Real estate listing preview #4Real estate listing preview #5Real estate listing preview #6
listing
1 of 6
CommercialFor Sale
$3,200,000
207-215 Main Street
Royersford, PA 19468
Listed by: TCS Management, LLC, (215) 383-1439
MLS: Bright MLS
17,540Sq Ft
Est. Mortgage
$16,618/mo

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 — 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 “Main Street”, Royersford’s 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.

Get in touch
This data is up-to-date as of 11/06/2024 01:24 PM. Listing provided by Alex C Prince of TCS Management, LLC.
Community / School Information