Historic Hotel, Restaurant &
For Sale
$999,999
62 Broadway, Bangor, PA 18013
Turnkey mixed-use property with hotel lodging plus a restaurant and tavern, including an on-site liquor license.
Property Size18,056 SF
Price / SF$55.38
Days on Market100
Property Features for 62 Broadway
General Information
Standard status
Active
Size
18,056 SF
Property subtype
Multi-Family
Additional Details
Furnished
Yes
Business Included
Yes
Liquor License
Yes
Amenities
gas fireplaces
commercial kitchens
Building Details
Year Built
1900
Listing Agency:
Saffron Real Estate
Listed By:
Preety Minhas · License #RB070261
(610) 867-8888
Source:
Jennysoldmine
Added: Jun 1
Changed: Sep 8
Last Checked: Sep 5 at 7:56AM
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 Saffron Real Estate
Investment Insights
Based on property information with market context.
A turn-of-the-century mixed-use hotel, restaurant, and bar offering historic character with approximately 29 room-rental units. The property includes a spacious restaurant and tavern and related hospitality space, along with a hotel liquor license, commercial kitchens, and an elaborate bar with seating for approximately 40 guests. Four dining rooms accommodate approximately 200 patrons, including two dining rooms enhanced by gas fireplaces. Furnishings are included as part of the turnkey offering.
Located in the heart of Bangor, Pennsylvania, the property is positioned in the Slate Belt region near the Delaware Water Gap, Lehigh Valley, and major transportation corridors. The lodging component has been cited as having potential to generate approximately $23,400 per month based on current room rental rates, and the restaurant and bar previously produced approximately $1 million in annual gross revenue when owner-operated. The owners’ conceptual plans also contemplate conversion of the lodging component into 13 residential apartments with projected rents ranging from $1,600 to $1,800 per month per unit. Business financial information and pre-approval are required with all offers.
Located in the heart of Bangor, Pennsylvania, the property is positioned in the Slate Belt region near the Delaware Water Gap, Lehigh Valley, and major transportation corridors. The lodging component has been cited as having potential to generate approximately $23,400 per month based on current room rental rates, and the restaurant and bar previously produced approximately $1 million in annual gross revenue when owner-operated. The owners’ conceptual plans also contemplate conversion of the lodging component into 13 residential apartments with projected rents ranging from $1,600 to $1,800 per month per unit. Business financial information and pre-approval are required with all offers.
Key Highlights
- Turn‑of‑the‑century mixed‑use property built in 1900 with hotel lodging plus a restaurant and tavern
- Approximately 29 room‑rental units for lodging revenue
- 4,064 SF restaurant and tavern with commercial kitchens and four dining rooms accommodating approximately 200 patrons
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
417
Businesses Nearby
13k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 82%
Dining 18%
Dollar General
Shops & Services
6,318 visits/mo
0.1 miles
Sunoco
Shops & Services
4,151 visits/mo
0.2 miles
Krispy Krunchy Chicken
Dining
2,343 visits/mo
0.1 miles
Demographics for 18013, PA
17,436
Population
7,401
Households
2.4
Avg Household Size
44
Median Age
24%
College-Educated
89%
High-School Grad
63.0 sq mi
ZIP Area
277
Density / Sq Mi
$76,116
Median Household Income
$37,107
Median Earnings
$1,088
Median Rent
$245,700
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Turnkey mixed-use property with hotel lodging plus a restaurant and tavern, including an on-site liquor license.
Where is this hotel located?
The property is located at 62 Broadway Bangor, PA.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Turn‑of‑the‑century mixed‑use property built in 1900 with hotel lodging plus a restaurant and tavern; Approximately 29 room‑rental units for lodging revenue; 4,064 SF restaurant and tavern with commercial kitchens and four dining rooms accommodating approximately 200 patrons
