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Inn on Main 401 Main St 8,857 SF 100% Leased Retail Building Oley, PA 19547 $1,495,575 ($168.86/SF) 8% Cap Rate
Investment Highlights
- 6 Beautiful Fully Renovated Apartments (100% Occupied).
- "Turn-Key" Operating Restaurant with 104 Warm & Inviting Indoor Seats, 10-Seat Full-Service Bar, and 58 Attractive Outoor Patio & Front-Porch Seats.
- Charming Inn on Main Street with Warm & Cozy Restaurant, Bar, & Outside Patio & Porch.
Executive Summary
Fully Renovated 8,857 SF Historic Stone Building with 6 Immaculate & 100% Occupied Apartments, along with a Warm & Inviting "Turn-Key" 3,500 SF Operating Restaurant & Bar with 104 Attractive Indoor Seats and 58 Beautiful Outside Patio & Porch Seats Located in the Prime Spot on Main Street in Historic Downtown Oley. 28 Paved Parking Spaces with Additional Street & Church-Lot Parking Available. Ideal for an Upscale Bed & Breakfast with a Destination Restaurant Experience!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,857 SF
Building Class
C
Year Built/Renovated
1881/2025
Price
$1,495,575
Price Per SF
$168.86
Cap Rate
8%
NOI
$119,646
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.58
Lot Size
0.35 AC
Zoning
Commercial & Restaurant - Approved for Commercial Uses, Apartments, Hotel, & Restaurant.
Parking
28 Spaces (3.16 Spaces per 1,000 SF Leased)
Frontage
52’ on Main Street
Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 67-5349-19-50-5539 | Improvements Assessment | $215,200 |
| Land Assessment | $37,700 | Total Assessment | $252,900 |
Property Taxes
Parcel Number
67-5349-19-50-5539
Land Assessment
$37,700
Improvements Assessment
$215,200
Total Assessment
$252,900
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Inn on Main | 401 Main St