Property Attributes
- MLS#PAMC2089718
- TypeCommercial
- CountyMONTGOMERY
- CityPottstown
- AreaLimerick Twp
- Zip19464
- StyleRestaurant/Bar,Hotel/Motel
- Year Built1940
- Taxes$ 373120
- Price$ 1,500,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage8846
- Lot Size2.03 Acres
Data Source:
Bright MLS
Property Description
Exceptional Commercial Property featuring a newly renovated restaurant, bar and hotel. Discover a prime business opportunity on 2 acres along the bustling Ridge Pike. This turnkey property boasts a recently renovated restaurant and bar, providing a chic and inviting atmosphere for patrons. The establishment comes fully equipped with kitchen facilities and stylish interior design, offering an ideal space for culinary excellence and memorable dining experiences. Upstairs is a cozy hotel with 15 tastefully appointed rooms. Providing a perfect complement to the vibrant restaurant below. Each room is designed for comfort ensuring a delightful stay for guests. The combination of a thriving restaurant and hotel creates a unique and attractive destination for locals and travelers alike. Whether youre an experienced restaurateur, hotelier, or an investor looking for a promising venture, this commercial property presents an unparalleled opportunity. Capitalize on the high-traffic location, modern amenities, and the seamless synergy between the restaurant and hotel to establish a thriving business in this dynamic and growing community. Seize the opportunity to own and operate a distinctive establishment that captures the essence of both culinary and hospitality excellence.
Price History | |
---|---|
12/1/2023 | Listed $1,600,000 |
5/3/2024 | 7% - $1,500,000 |
General Features
Sewer | Private Sewer |
---|---|
Heating | Hot Water & Baseboard - Electric |
Cooling | Central A/C,Window Unit(s) |
Utilities | Phone,Cable TV Available |
Possession | Settlement |
Roof | Flat,Shingle |
Zoning | MS |
Construction Materials | Stucco,Wood Siding |
Year Built | 1940 |
Property SubType | Mixed Use |
Tax Year | 2023 |
Percent Ownership | Fee Simple |
Cool Fuel | Natural Gas |
Business Type | Restaurant/Bar,Hotel/Motel |
Building Name | FAIRWAYS PUB AND GRILLE |
Accessibility | 2+ Access Exits |
County | MONTGOMERY |
New Construction | No |
Property Type | Commercial Sale |
Water Access Y/N | No |
Status | ACTIVE |
Directions | Follow Google maps |
ModificationTimestamp | 2024-05-03T13:07:33 |
City | POTTSTOWN |
Buyer Agent Compensation | 2.5 |
Total Units | 15 |
MLS Area | Limerick Twp (10637) |
Lot Size Square Feet | 88427.00 |
Tax Assessed Value | 373120.0 |
Waterfront Y/N | No |
Street Name | RIDGE PIKE |
Tax Annual Amount | 373120.0 |
Acceptable Financing | Conventional,Cash |
Historic Y/N | No |
Vacation Rental Y/N | No |
Days on Market | 155 |
Location Type | Suburban |
Standard Status | Active |
Year Built Source | Assessor |
Buyer Agent Compensation Type | % Of Gross |
Association Recreation Fee | No |
Interior Features
Heating Fuel | Propane - Owned |
---|---|
Flooring | Wood,Other |
Hot Water | Electric |
Heating Y/N | Yes |
Central Air Y/N | Yes |
Exterior Features
Water Source | Public |
---|---|
Total Parking Spaces | 60 |
Type of Parking | Parking Lot |
Land Use Code | 4281 |
Foundation Details | Concrete Perimeter |
Water View Y/N | No |
Building Area Total | 0.00 |
Lot Dimensions | 298.00 x 0.00 |
Lot Size Acres | 2.03 |
Lot Size Units | Square Feet |
Lot Size Source | Assessor |
Road Responsibility | Boro/Township |
Land Assessed Value | 0.00 |
Navigable Water Y/N | No |
Water Oriented Y/N | No |
LotDimensionsSource | Assessor |
Car Parking Spaces | 60 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool