Royersford PA Real Estate & Commercial for Sale

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 â 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 âMain Streetâ, Royersfordâs 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.

Diverse Spectrum of By Right Opportunity Exists at 10 N. 5th Ave, Royersford Borough, Spring-Ford Schools. Zoned O/R-Office Residential, this long standing local call center transitions to the next steps of life and opens doors for a new investment vision to be introduced into this thriving progressive community. This 2700SqFt, once single family residential dwelling, now office, offers a traditional but adapted main floor footprint for the existing business use that can easily re-situate into residential options on each floor (duplexed) or find value for your business by having an income producing unit above. Permitted uses include: Professional offices for doctors, dentists, chiropractors, and other like practitioners, attorneys, architects, planners, accountants, consultants, or other similar professional uses. Business offices such as credit services, brokerage, real estate, counseling, insurance, advertising, mail/answering services, or other similar services in nature. Single Family, Two Family, Multi Family, and Mixed Use are very attractive options as well under this diverse zoning classification. Please see Royersford Boroughs website for zoning documentation E360 or call the zoning officer with questions. This property is located yards from a well established commercial intersection at the crest of Royersford's hill with a traffic light at 5th and Main. There is a whole building generator system in place which was important for the established business. The current owners love their tree and hope for a commitment to preserve it as long as possible. Your new investment property in this expansive community is minutes to Rt 422, 724, and 23, making your diverse opportunity at 10 N. 5th Avenue a Home Run this Season!