792 Bethlehem Pike
Colmar, PA 18915
Hatfield Motel · Hospitality Property For Sale
·
7,692 SF
INVESTMENT HIGHLIGHTS
- Expand motel with another building and renovate existing building -1.72 acre lot
PROPERTY FACTS
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.72 AC |
| Building Size | 7,692 SF |
| No. Stories | 2 |
| Year Built | 1986 |
| Corridor | Exterior |
| Zoning | RA1 - Hotel/Motel |
ABOUT 792 BETHLEHEM PIKE , COLMAR, PA 18915
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.
PROPERTY TAXES
| Parcel Number | 35-00-00544-105 | Improvements Assessment | $407,590 |
| Land Assessment | $309,130 | Total Assessment | $716,720 |
