207-209 & 211-217 Main Street Listing Details & Market Data

207-209 & 211-217 Main Street, Royersford, PA 19468

On behalf of ownership, GREA extends to qualified investors the 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 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.

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Highlights

  • Value-Add Opportunity: Ability to Increase Weekly Rates 25% to 50% Comparable to Nearby Extended Stay Hotels and/or Incorporate Shorter Term Stays to Increase Nightly Rate
  • Well Located: Situated on "Main Street" in Royersford Borough in Highly Sought-After Montgomery County Pennsylvania
  • Future Redevelopment Opportunity: Possible to Convert Hotel Rooms to Apartment Units
  • Strong Rental Market: Market Occupancy Average 95% or Better
  • Walkability: Walking Distance to Cafes, Shops and Restaurants along "Main Street"

Contacts

broker

Ken Wellar

GREA

(215) 454-2879

broker

Corey Lonberger

GREA

(215) 454-2878

broker

Luke DeLuca

GREA

(215) 989-4440

broker

Douglas Emrich

GREA

(215) 454-2889

broker

Brian Gola

GREA

(484) 881-1783

Location

Getting Around

  • Walk Score ®

    Car-Dependent (16)
  • Bike Score ®

    Somewhat Bikeable (24)
Powered by Walk Score ®
  • City Royersford, PA
  • Neighborhood Georgetown Crossing
  • Zip Code 19468
  • Market Philadelphia

Points of Interest

  • Paoli

    9.16 miles

  • Malvern

    9.32 miles

  • Daylesford

    9.55 miles

  • Berwyn

    9.63 miles

  • Turkey Hill Convenience Store

    1.24 miles

  • Wawa

    1.55 miles

  • Sunoco

    1.63 miles

  • Sunoco

    2.22 miles

  • Wawa

    2.28 miles

  • Giant

    2.63 miles

  • Wawa

    2.69 miles

  • Shell

    2.81 miles

  • Exxon

    3.17 miles

  • Wawa

    3.20 miles

  • SRT Gay Street Trailhead

    0.51 miles

  • 11th grade student parking

    1.17 miles

  • 12th grade stdent parking

    1.22 miles

  • Black Rock Boat Club

    1.29 miles

  • visitor parking

    1.30 miles

  • sports field parking

    1.35 miles

  • faculty parking

    1.37 miles

  • Cromby Trailhead

    1.56 miles

  • Lock 60 Driveway Trailhead

    2.09 miles

  • Mowere Road Trailhead

    2.22 miles

  • Wilke's Way

    1.14 miles

  • Spring City Hotel

    1.16 miles

  • Center City Pizza

    1.31 miles

  • Dunkin'

    1.38 miles

  • Kickin' Chicken and Slammin' Seafood

    1.59 miles

  • Rossi's Pizzeria

    1.59 miles

  • Outback Steakhouse

    1.61 miles

  • Suzy Jo Donuts

    1.61 miles

  • Taco Bell

    1.61 miles

  • KFC

    1.62 miles

  • Adams School

    0.95 miles

  • Royersford Elementary School

    0.97 miles

  • Spring-Ford 9th Grade Center

    1.09 miles

  • Church Street School

    1.16 miles

  • Spring-Ford 8th Grade Center

    1.16 miles

  • Spring-Ford Area High School

    1.26 miles

  • Sacred Heart School

    1.31 miles

  • Spring-Ford Intermediate School

    1.55 miles

  • Valley Forge Baptist Academy

    1.75 miles

  • Brooke Elementary School

    1.83 miles

  • Ducklings Early Learning Center

    1.96 miles

  • The Malvern School of Oaks

    3.77 miles

  • Magic Memories

    3.78 miles

  • Bright Horizons at Collegeville

    3.89 miles

  • Kiddie Academy

    4.46 miles

  • Chesterbrook Academy Preschool

    5.67 miles

  • The Goddard School

    5.74 miles

  • Chesterbrook Academy

    7.60 miles

  • The Sitter’s Clubhouse

    8.07 miles

  • New Hanover Child Care

    8.21 miles

Contact 207-209 & 211-217 Main Street