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    392 Slate Run Rd Slate Run, PA 17769

    Sponsored
    For Sale
    $1,750,000

    Boutique Hotel, 10 Rooms, Exceptional Views

    Property size:
    6,726 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 10-room boutique hotel, nestled on 1.86 acres in Slate Run, Pennsylvania, presents a unique investment opportunity. Built in 2004, the three-story property boasts 6,726 to 10,700 square feet of space, including a full basement (approximately 3,974 square feet) with significant potential for expansion. The hotel features 10 well-appointed bedrooms and 12 bathrooms, a large dining room with panoramic views, and two fully equipped kitchens. A significant advantage is the property's exclusive access to both Pine Creek and Slate Run, renowned for trophy trout fishing, and its proximity to a top-rated biking trail. The hotel benefits from a valuable bar license and has demonstrated strong financial performance, exceeding the Central Pennsylvania average daily rate. The property includes 30 parking spaces and is zoned for commercial use. Modern amenities include forced-air heating with a propane system and an outdoor wood furnace. One room is ADA compliant with ramp access. The unfinished basement offers potential for additional revenue streams, such as a gaming zone, escape room, or wedding venue (high volume of inquiries already received). Further revenue opportunities exist through ancillary services like bike, canoe, and boat rentals, or a mini-mart. The asking price is $1,750,000.

    Property Features for 392 Slate Run Rd

    General Information

    Property type
    Motels
    Square Feet
    6,726 SF
    Lot Size
    81,022 SF

    Building Details

    Year Built
    2004
    Stories
    3

    HighLights

    • 10‑room boutique hotel with ADA‑compliant room and ramp access.
    • Large dining room/restaurant with two fully equipped kitchens (equipment cost over $250,000).
    • 6,726 to 10,700 square feet, including a 3,974 square foot unfinished basement with potential for expansion (e.g., gaming zone, wedding venue).
    • Energy‑efficient heating system with propane forced air and outdoor wood furnace.
    • Significant growth potential through ancillary services (boat/kayak rentals, mini‑mart, wedding venue).
    • Built in 2004.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Hotel & Motel Travel Agency Restaurant

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Slate Run
    County
    Lycoming
    State
    Pennsylvania
    Longitude
    -77.5044459
    Latitude
    41.4717508

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    FAQs

    What type of property is this?
    Motel - Boutique Hotel, 10 Rooms, Exceptional Views
    Where is this motel located?
    The property is located at 392 Slate Run Rd Slate Run, PA.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: 10-room boutique hotel with ADA-compliant room and ramp access.; Large dining room/restaurant with two fully equipped kitchens (equipment cost over $250,000).; 6,726 to 10,700 square feet, including a 3,974 square foot unfinished basement with potential for expansion (e.g., gaming zone, wedding venue).
    Request Owner's contact information
    392 Slate Run Rd Slate Run, PA 17769
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    Slate Run, PA 17769
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    392 Slate Run Rd Slate Run, PA 17769
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