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Hotel with Restaurant and Bar
For Sale
Under Contract
$399,000

87 MILANVILLE Road, Beach Lake, PA 18405

Multi-Family, BEACH LAKE, PA

Property Size4,600 SF
Lot Size0.52 Acres
Price / SF$86.74
Days on Market24

Property Features for 87 MILANVILLE Road

General Information

Property type Residential Multi Family
Property subtype Other
Parking features Parking Lot
Elementary school district WAYNE HIGHLANDS
Middle school district WAYNE HIGHLANDS
High school district WAYNE HIGHLANDS
Standard status Active Under Contract
Size 4,600 SF
Lot size 0.52 Acres

Taxes and HOA fees

Tax Annual Amount 8055

Utilities

Heating system Electric (Heating), Baseboard
Cooling system Window Unit(s)

Building Details

Year built 1830
Number of units 2
Building materials Vinyl Siding, Aluminum Siding, Brick, Stone
Architectural style Other
Listing Agency: Realty One Group Supreme
Listed By: Maximilian Michael Melito · License #PARS376364
Added: Aug 28 Changed: Sep 17 Last Checked: Sep 20 at 11:06PM
MLS# PAWN2000980

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The Moonshadow Inn is a hotel property with upper-level guest suites and existing restaurant and bar improvements. The building dates to 1830 and incorporates vinyl siding, aluminum siding, brick, and stone construction elements. Heating is provided by electric baseboard systems, with window-unit cooling.

The property occupies 0.52 acres along Route 652 in Beach Lake, Pennsylvania. A dedicated parking lot provides off-street parking, while the site offers access to the Upper Delaware River corridor, regional ski areas, and music venues.

Key Highlights

  • Upper‑level guest suites with restaurant and bar improvements
  • 0.52‑acre property in Beach Lake, Pennsylvania
  • Located along Route 652

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$29,137
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.30%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$582,740 $582.7K
Cap Rate 7%
$416,243 $416.2K
Cap Rate 9%
$323,744 $323.7K
Market Conditions
NOI Build-Up for 4,600 SF 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.
Gross rent
$69.0K $15.00/SF
− Vacancy
−$7.7K −$1.67/SF
EGI
$61.3K $13.34/SF
− OpEx
−$32.2K −$7.00/SF
NOI
$29.1K $6.33/SF
Area
Wayne County, PA
Vacancy
11.10%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$582,740
Cap Rate 7%
$416,243
Cap Rate 9%
$323,744

Alternative Uses

Best Use
Specialty Retail
$847.2K
$741.3K – $988.4K (±1% cap)
NOI $59,306 @ 7.0% cap · market cap 14.86%
Second Best
Hotel Hospitality
$416.2K
$364.2K – $485.6K (±1% cap)
NOI $29,137 @ 7.0% cap · market cap 7.30%
Theoretical Best
Office A
$1.12M
$981.5K – $1.31M (±1% cap)
NOI $78,516 @ 7.0% cap · market cap 19.68%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Open Analytics

Current Use

Moonshadow inn Hotel & Motel

Suggested Use

Top Pick Auto Repair Shop Plumbing Service Auto Parts Store Garden Center Storage Facility Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

57
Businesses Nearby

Demographics for 18405, PA

2,353
Population
1,421
Households
1.7
Avg Household Size
48
Median Age
19%
College-Educated
94%
High-School Grad
34.3 sq mi
ZIP Area
69
Density / Sq Mi
$78,403
Median Household Income
$33,068
Median Earnings
$675
Median Rent
$211,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Historic lodging property with guest suites, restaurant and bar improvements, and a dedicated parking lot.
Where is this hotel located?
The property is located at 87 MILANVILLE Road Beach Lake, PA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Upper‑level guest suites with restaurant and bar improvements; 0.52‑acre property in Beach Lake, Pennsylvania; Located along Route 652
More about this property
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