Address
214 N Market Street Selinsgrove, PA
Price
$ 2,650,000
Property Attributes
  • MLS#PASY100208
  • TypeCommercial
  • CountySNYDER
  • CitySelinsgrove
  • AreaSelinsgrove Boro
  • NeighborhoodSelinsgrove-Snyder County
  • Zip17870
  • StyleHotel/Motel,Bed and Breakfast
  • Year Built2006
  • Taxes$ 28585
  • Price$ 2,650,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage20420
  • Lot Size0.98 Acres
Listing Provided Courtesy Of:
Compass Pennsylvania, LLC
Data Source:
Bright MLS - 382 - MD
Property Description

This magnificent countryside retreat is a great investment property, 1031 exchange, or serene change of pace with the opportunity to create a lifestyle for each and every guest. Positioned just steps away from boutique shopping, quaint eateries, and a renowned private college, this colonial boutique hotel retreat is home to 24 unique suites, dining and breakfast room, two lobbies, and chef s kitchen. Through a lush landscape and stately wood entry doors, the grand foyer stands two-stories tall with soaring ceilings, custom millwork, open staircase and a welcoming library lounge warmed by the glow of the gas-burning fireplace and motorized 26-light chandelier. With windows spanning two stories, the 64-foot deep grand lobby is a sunlit sanctuary by day. The rear entrance lobby takes on a more casual approach with guest check-in desk, business center computer, and antique relics. Just off of the lobby, guests enjoy a carefully curated, full-service breakfast each morning in the dining room. On the west porch, rocking chairs greet visitors for sundown. The laundry room in the north end of the property, equipped with Milnor 50lb commercial washing machine and ADC 80lb commercial gas dryer, is the powerhouse for keeping the property in tip-top shape and satisfying each visitor with impeccable bed and bath linens. The mechanical room is conveniently located directly behind the elevator shaft, and contains gas water heaters, elevator components, emergency power system, and fire/sprinkler equipment. The chef s kitchen, at the foot of the south stairwell, is secluded from the guests quarters for noise reduction, and ease of deliveries from the exterior kitchen door. The 10' x 21' kitchen is outfitted in the industry s best commercial stainless appliances, with a Vulcan six-burner range and oven, two door refrigeration, one door freezer, prep stations, 8-ft. stainless steel hood and Ansul fire-suppression system. The remainder of the first floor is complete with five guest rooms; each over 450 square feet. Navigate to the second floor by elevator or ascend the grand lobby staircase, where you ll find nine additional guest suites and two storage rooms for linens and housekeeping needs. The third floor is accessible by elevator or the North or South staircases, with an additional ten suites. Guest suites range from 295-465 square feet, each with a unique layout, color palette, furnishings and d cor. The 24 guest suites range from 2 handicapped-accessible suites located on the ground floor, 5 suites with two queen beds in separate rooms, 1 suite with private queen bedroom and separate sitting room, 2 standard queen rooms, 2 jacuzzi suites with king bed, 4 jacuzzi suites with king bed plus pull out sleep-sofa, and 8 suites with king bed and sleep-sofa. Each of the 24 income-generating suites enjoys the privacy provided by custom plantation shutters in all exterior windows, plush carpeting, coffee bar, and spacious bathrooms. The 20,420 square foot brick colonial building was built in 2006, and sits on approximately 1 acre of land, with two outdoor patios sheltered from the elements, as well as landscaped gardens and parking for 29 cars. The owner-operated business has been thoughtfully constructed using the industry s leading technologies such as Think Reservations property management system, and key card operated electronic door looks on each suite. Integrated audio sets the ambiance through all common areas. Financials available upon request, with buyer s proof of financial ability. Two nearby private colleges and many business travelers comprise a very successful flow of business. Property video available at: https://vimeo.com/437604333 Disclosure: Listing Agent is related to Owner.

Price History
7/14/2020 Listed $2,650,000

General Features

Acceptable Financing Cash, Conventional, Negotiable
Accessibility Elevator, Level Entry - Main, Other
Business Type Hotel/Motel, Bed and Breakfast
Construction Materials Brick, Block, Masonry, Other, Copper Plumbing
Cool Fuel Natural Gas, Electric
Cooling Central A/C, Other
County SNYDER
Days on Market 503
Exclusions Owner's personal possessions. Limited Art Pieces.
Flooring Hardwood, Ceramic Tile, Partially Carpeted, Tile/Brick, Wood, Other
Heating Forced Air, Heat Pump(s)
Historic Y/N No
Lot Size Square Feet 42759.00
MLS Area Selinsgrove Boro (15115)
Municipality SELINSGROVE BORO
New Construction No
Ownership Fee Simple
Possession 0-30 Days CD, Negotiable
Price Per Sq Ft 129.77
Property SubType Mixed Use
Property Type Commercial Sale
PropertyCondition Very Good
Roof Shingle, Asphalt
Security Features Desk in Lobby, Fire Detection System, Smoke Detector, Sprinkler System - Indoor
Sewer Public Sewer
Subdivision Name SELINSGROVE-SNYDER COUNTY
Tax Annual Amount 28585.0
Tax Year 2019
Utilities Cable TV
Vacation Rental Y/N No
Water Access Y/N No
Zoning COMMERCIAL

Interior Features

Central Air Y/N Yes
Entry Level 1
Heating Fuel Natural Gas, Electric
Heating Y/N Yes
Hot Water Natural Gas
Number of Elevators 1
Total Restrooms 26

Exterior Features

Building Area Total 20420.00
Car Parking Spaces 29
Inclusions Fixtures, All kitchen equipment and appliance, Furnishings, Business Name ( The Selinsgrove Inn ), Technology.
Lot Features Additional Lot(s), Landscaping
Lot Size Acres 0.98
Lot Size Source Estimated
Navigable Water Y/N No
Parking Features Paved Parking
Total Parking Spaces 29
Type of Parking Parking Lot
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

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

Property vs Commercial Average in 17870

Price
AVG $530K
$2.65M
Taxes
AVG $5,758
$28,585
Visits
AVG 27
266
Year Built
AVG 2006
2006
Walkscore
AVG 53
78
Data Provided by Walkscore ® not using MLS data