792 Bethlehem Pike,  Hatfield PA, 19440

(Active)
$1,350,000
|
10,940 sqft
|
MLS# PAMC617210
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Last Updated: 7/19/2019 12:34 AM
Description for 792 Bethlehem Pike Hatfield, PA 19440
Hatfield Motel for sale. 18 room motel which includes owner's quarters. Over 90% occupancy. Gross approx $140K but only 4 rooms are daily rate @ $70 per night. Most are reserved for long term guests at $420 week or $1,400 per month. Owner retiring and is not maximizing income. Good business opportunity or convert to special needs housing, group home or emergency housing. Large lot and low building coverage, seems like another similar sized building could be built, in fact, owner recalls seeing a plan for a second building but cannot find it. Seller will sell the property subject to a use change. Site plan showing present building on the plan is available. Also the architect's original building plans are on-site for viewing. Showings require 48 hours notice.
Price
$1,350,000
MONTGOMERY
10,940 (approx)
PAMC617210
Active
Description
Hatfield Motel for sale. 18 room motel which includes owner's quarters. Over 90% occupancy. Gross approx $140K but only 4 rooms are daily rate @ $70 per night. Most are reserved for long term guests at $420 week or $1,400 per month. Owner retiring and is not maximizing income. Good business opportunity or convert to special needs housing, group home or emergency housing. Large lot and low building coverage, seems like another similar sized building could be built, in fact, owner recalls seeing a plan for a second building but cannot find it. Seller will sell the property subject to a use change. Site plan showing present building on the plan is available. Also the architect's original building plans are on-site for viewing. Showings require 48 hours notice.
Listing Information
Property Type: Other
1.72 Acres 3O 10,940 (approx)
$123.4 1986
Electric Water Heater, Public Water Service
Public Sewer
Neighborhood
Room Information
Interior Features
Central Air, Electric
Electric Heating, Heat Pump
3
Exterior / Lot Features
None
200 x300
COMMERCIAL AND RA1
Driving Directions
From Rt 309 and Business Route 202 in Montgomeryville, N on 309 for approx 3 miles to Hatfield Motel on the left. This area also has a mailing address of Colmar PA
Financial Considerations
$24,783
2018
Listing Price History

Hatfield Real Estate

Hatfield is located in Pennsylvania. Hatfield, Pennsylvania 19440 has a population of 3,862.

The median household income in Hatfield, Pennsylvania 19440 is $63,069. The median household income for the surrounding county is $70,788 compared to the national median of $49,877. The median age of people living in Hatfield 19440 is 42 years.

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Courtesy: Tesla Realty Group LLC
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This content last refreshed on 7/19/2019 12:34 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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