Current Use by Public Records
- Isalis / (Bike/Boat/Book/etc) Store
- Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
- Skunk Funk / Big Box & Wholesale Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store
Property Details for 392 Slate Run Rd
- Year built
- 2004
- Lot size
- 1.86 lot acres
- Property type
- Hospitality properties
- Property subtype
- Motels
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Slate Run
- County
- Lycoming
- State
- Pennsylvania
- Longitude
- -77.5044
- Latitude
- 41.4718
