17089 Boot Jack Rd - Hospitality FOR SALE


Ridgway, PA 15853
$949,000 USD
814-776-6123
17089 Boot Jack Rd, Ridgway, PA for Sale
$949,000 USD
Hospitality - FOR SALE
1/11
null | 17.06% Cap Rate

17089 Boot Jack Rd
Ridgway, PA 15853


OVERVIEW

This prime piece of real estate is conveniently located on Route 219 that boasts a bar, restaurant, large banquet hall (perfect for any occasion!) and has a 42-room hotel plus 2 efficiency apartments. This is a rare opportunity to take over an already well-established business. Purchase price includes liquor license.

FOR SALE DETAILS

PRICE

$949,000 USD

PRICE/SF

$36 USD /SF

# OF ROOMS

44

PRICE/ROOM

$21,568 {currency}

CAP RATE

17.06%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Royal Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1953

PARKING SPACES

106

LAND DETAILS

LAND ACRES

1.6 AC

LAND SF

69,696 SF

ZONING

GB

APN/PARCEL ID

09-12-282-2246,09-12-282-2295,09-12-282-2436

ASK ABOUT THIS PROPERTY

Ben BrazinskiAnderson & Kime Realty Services, IncMore Info
814-776-6123

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Ben BrazinskiAnderson & Kime Realty Services, IncMore Info
814-776-6123

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.