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Hotel Property with Restaurant and Bar
New
For Sale
$600,000

87 MILANVILLE ROAD, Beach Lake, PA 18405

Hospitality property combining guest suites, restaurant and bar infrastructure, and a separate residence requiring renovation.

Property Size6,821 SF
Lot Size1.30 Acres
Price / SF$87.96
Days on Market5

Property Features for 87 MILANVILLE ROAD

General Information

Standard status Active
Size 6,821 SF
Lot size 1.30 Acres
Property subtype Commercial

Property Condition

Severity Repairs Needed
Evidence In need of renovation

Additional Details

Road Access Yes
Liquor License Yes

Building Details

Year Built 1830
Listing Agency: Realty One Group Supreme
Listed By: Maximilian Michael Melito · License #PARS376364
Source: Cummingsrealtors
Added: Aug 18 Changed: Aug 22 Last Checked: Aug 22 at 4:22AM

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 Realty One Group Supreme

Investment Insights

Based on property information with market context.

The Moonshadow Inn, historically recognized as The Beach Lake Hotel, is a hospitality property assembled across two parcels totaling approximately 1.3 acres. The primary building contains more than 4,600 square feet, with upper-level guest suites and infrastructure for a restaurant and bar. A transferable hotel liquor license is included.

The adjoining parcel contains a separate 2,220-square-foot residential home that requires renovation. The property also provides generous off-street parking and sits directly off Route 652 in Beach Lake, Pennsylvania, with access to the Upper Delaware River corridor, regional ski areas, and music venues. The main building dates to 1830.

Key Highlights

  • Two‑parcel hospitality property totaling approximately 1.3 acres
  • 4,600+ square foot main building with upper‑level guest suites
  • Restaurant and bar infrastructure in the primary building

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
$43,205
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
7.20%
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%
$864,100 $864.1K
Cap Rate 7%
$617,214 $617.2K
Cap Rate 9%
$480,056 $480.1K
Market Conditions
NOI Build-Up for 6,821 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
$102.3K $15.00/SF
− Vacancy
−$11.4K −$1.67/SF
EGI
$91.0K $13.34/SF
− OpEx
−$47.8K −$7.00/SF
NOI
$43.2K $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%
$864,100
Cap Rate 7%
$617,214
Cap Rate 9%
$480,056

Alternative Uses

Best Use
Specialty Retail
$1.26M
$1.10M – $1.47M (±1% cap)
NOI $87,940 @ 7.0% cap · market cap 14.66%
Second Best
Hotel Hospitality
$617.2K
$540.1K – $720.1K (±1% cap)
NOI $43,205 @ 7.0% cap · market cap 7.20%
Theoretical Best
Office A
$1.66M
$1.46M – $1.94M (±1% cap)
NOI $116,426 @ 7.0% cap · market cap 19.40%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Moonshadow inn Hotel & Motel

Suggested Use

Top Pick Auto Repair Shop Plumbing Service Auto Parts Store Storage Facility Garden Center 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
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

56
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

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Hospitality property combining guest suites, restaurant and bar infrastructure, and a separate residence requiring renovation.
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 $600,000.
What are key features of this property?
This property features: Two‑parcel hospitality property totaling approximately 1.3 acres; 4,600+ square foot main building with upper‑level guest suites; Restaurant and bar infrastructure in the primary building
More about this property
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