Recently Renovated Hotel
For Sale
Contact for pricing
1516 Wilmington Pike, West Chester, PA 19382
Recently renovated two-story hotel with suite-style accommodations and surface parking for 60 vehicles.
Property Size11,500 SF
Price / SF$369.57
Days on Market628
Property Features for 1516 Wilmington Pike
General Information
Standard status
Active
Size
11,500 SF
Property subtype
Hospitality, Mixed Use, Retail, Self Storage
Zoning
PBC
Investment Type
Value Add
Building Details
Buildings
1
Stories
2
Listing Agency:
Zommick McMahon Commercial Real Estate Inc
Listed By:
Steve DiBattista · License #PA327769
(610) 368-2801
Source:
Crexi
Added: Feb 3, 2025
Changed: Oct 10
Last Checked: Oct 23 at 5:02AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Zommick McMahon Commercial Real Estate Inc
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Investment Insights
Based on property information with market context.
The Brinton Hotel and Suites is a recently renovated, two-story hotel offering suite-style accommodations. The property totals approximately 11,500 square feet and includes 7 King Suites with private balconies in select rooms, as well as 13 Queen Suites and 6 Double Suites. Suites feature bedrooms, bathrooms, kitchenette amenities, and in-room flat screen TVs with cable, with complimentary WiFi and free parking included with the accommodations.
The hotel is situated on Route 202 near Route 1 on an approximately 4-acre site, with zoning identified as PBC-Planned Business Center. Parking is provided with 60 surface spaces.
The listing notes potential development options using unused acreage, including adding a self-storage facility or adding 10+ rooms to the existing hotel, with proposed layouts available upon request.
The hotel is situated on Route 202 near Route 1 on an approximately 4-acre site, with zoning identified as PBC-Planned Business Center. Parking is provided with 60 surface spaces.
The listing notes potential development options using unused acreage, including adding a self-storage facility or adding 10+ rooms to the existing hotel, with proposed layouts available upon request.
Key Highlights
- Recently renovated 11,500 SF, two‑story hotel with suite‑style accommodations
- Located on +/- 4 acres with PBC‑Planned Business Center zoning
- Parking for 60 vehicles across 60 surface spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$133,948
Cap Rate
3.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,678,960
$2.7M
Cap Rate 7%
$1,913,543
$1.9M
Cap Rate 9%
$1,488,311
$1.5M
Market Conditions
NOI Build-Up for 11,500 SF
Gross rent
$329.8K $28.68/SF
− Vacancy
−$47.8K −$4.16/SF
EGI
$282.0K $24.52/SF
− OpEx
−$148.0K −$12.87/SF
NOI
$133.9K $11.65/SF
Area
Chester County, PA
Vacancy
14.50%
Lease Rate
$28.68 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,678,960
Cap Rate 7%
$1,913,543
Cap Rate 9%
$1,488,311
Alternative Uses
Best Use
Hotel Hospitality
$1.91M
$1.67M – $2.23M
NOI $133,948 @ 7.0% cap · market cap 3.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.49M
$3.05M – $4.07M
NOI $244,068 @ 7.0% cap · market cap 5.74%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
157
Businesses Nearby
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Business Placement
Demographics for 19382, PA
52,498
Population
21,798
Households
2.4
Avg Household Size
40
Median Age
64%
College-Educated
98%
High-School Grad
46.1 sq mi
ZIP Area
1,139
Density / Sq Mi
$126,159
Median Household Income
$58,596
Median Earnings
$1,788
Median Rent
$542,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Hotel - Recently renovated two-story hotel with suite-style accommodations and surface parking for 60 vehicles.
Where is this hotel located?
The property is located at 1516 Wilmington Pike West Chester, PA.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: Recently renovated 11,500 SF, two‑story hotel with suite‑style accommodations; Located on +/- 4 acres with PBC‑Planned Business Center zoning; Parking for 60 vehicles across 60 surface spaces
