6 Walnut St - Hospitality FOR SALE


Nicholson, PA 18446
$179,000 USD
570-840-9887
6 Walnut St, Nicholson, PA for Sale
$179,000 USD
Hospitality - FOR SALE
1/14
null | Request Cap Rate

6 Walnut St
Nicholson, PA 18446


HIGHLIGHTS

  • Close to popular ski resorts, regional shopping hubs, and recreational destinations.
  • Perfectly positioned to capture traffic from nearby towns and outdoor enthusiasts.
  • Tavern with kitchen on the first floor, 6 guestrooms on the second floor with access both inside and seperate from the tavern.
  • 30 Minutes or less to: Scranton, Dickson City, Carbondale, Tunkhannock, Montrose, New Milford, & Elk Mountain Ski resort.
  • 1 Hour or less to: Wilkes-Barre, Binghamton, Endicott, Vestal, Kirkwood, Honesdale, Damascus
  • State gamelands nearby

OVERVIEW

Historic Tavern & Hotel in Nicholson, PA – Your Next Investment Opportunity! Nestled in the heart of Nicholson, Pennsylvania, this charming historic tavern and hotel offers an unparalleled opportunity to own a piece of local history while tapping into a thriving regional market. Just minutes from Scranton, Dickson City, Carbondale, Tunkhannock, Montrose, New Milford, and the Elk Mountain Ski Resort, the location is ideal for attracting tourists and locals alike. Key Features: Accommodations: The hotel features 6 cozy guest rooms on the second floor, with a shared bathroom and common area, accessible via a private exterior entrance, ensuring a comfortable and private stay. Historic Tavern: The first-floor tavern seats 12+ patrons, with a dedicated dining area, room for a pool table or other amusements, and 2 restrooms. Equipped with a fire suppression hood system that is up-to-date on inspections, ensuring the safety of your patrons. Size & Layout: 3,400± SF with .25± acres, this two-story building also includes a basement and an unfinished two-story addition at the rear, offering potential for expansion. Ample parking makes it convenient for guests and patrons. Utilities & Zoning: Featuring natural gas-fired zoned heating, along with public sewer and water, the property is zoned Business 1, providing flexibility for various commercial uses. Location Benefits: Close to popular ski resorts, regional shopping hubs, and recreational destinations. Perfectly positioned to capture traffic from nearby towns and outdoor enthusiasts.

FOR SALE DETAILS

PRICE

$179,000 USD

PRICE/SF

$53 USD /SF

# OF ROOMS

6

PRICE/ROOM

$29,833 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Almont Hotel

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1900

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,858 SF

ZONING

B1

APN/PARCEL ID

15-079.2-157-00-00-00-1

ASK ABOUT THIS PROPERTY

Shannon TrivettHinerfeld Commercial Real EstateMore Info
570-840-9887

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Shannon TrivettHinerfeld Commercial Real EstateMore Info
570-840-9887

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