Bed and Breakfast for
231 E Main St Palmyra, PA 17078
For Sale
$874,900
For sale bed and breakfast property in Palmyra with approximately 7,500 square feet.
Property Size7,500 SF
Price / SF$116.65
Days on Market75
Property Features for 231 E Main St
General Information
- Standard status
- Active
- Size
- 7,500 SF
Building Details
- Year Built
- 1900
Listing Agency:
Coldwell Banker Realty
(717) 512-0615
Listed By:
Christina Bailey · License #RS308461
(717) 512-0615
Source:
Evrealestate
Added: May 11
Changed: Jul 22
Last Checked: Jul 23 at 7:02AM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This bed and breakfast property is offered for sale and totals approximately 7,500 square feet. The listing is categorized as a hospitality/commercial real estate asset and is presented as a single property at 231 E Main St.
Directions noted with the listing are US-322 E to US-422 E in Palmyra, and the county is Lebanon County. The property’s stated address places it on E Main St in Palmyra, PA 17078.
Directions noted with the listing are US-322 E to US-422 E in Palmyra, and the county is Lebanon County. The property’s stated address places it on E Main St in Palmyra, PA 17078.
Key Highlights
- Approximately 7,500 sq ft bed and breakfast property in Palmyra
- Multiple heating types: hot water, steam, electric, and oil
- On‑street parking
Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $112.5k | $15.00 |
| − Vacancy | −$16.9k | −$2.25 |
| EGI | $95.6k | $12.75 |
| − OpEx | −$50.2k | −$6.69 |
| NOI | $45.4k | $6.06 |
7,500 SF · lease $15.00/SF/yr · vacancy 15.00% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$648.9K
$567.8K – $757.0K
NOI $45,422 @ 7.0% cap · market cap 5.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.76M
$1.54M – $2.05M
NOI $123,228 @ 7.0% cap · market cap 14.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Bed & breakfasts
Similar Off Market Nearby
- Walton Manor Inn Bed & Breakfast — 231 E Main St, Palmyra, PA 17078
- Dutch Motel — 500 E Main St, Palmyra, PA 17078
- HermieHomemades — 32 N Forge Rd, Palmyra, PA 17078
FAQs
What type of property is this?
Bed & breakfast - For sale bed and breakfast property in Palmyra with approximately 7,500 square feet.
Where is this bed & breakfast located?
The property is located at 231 E Main St Palmyra, PA.
What is the asking price?
The asking price for this property is $874,900.
What are key features of this property?
This property features: Approximately 7,500 sq ft bed and breakfast property in Palmyra; Multiple heating types: hot water, steam, electric, and oil; On‑street parking
