1 Denver Rd, Denver, PA 17517-9200
- Motels
- 28,893 SF
- 6.39 lot acres
Current Use by Public Records
- Motels
Property Details for 1 Denver Rd
- Year built
- 1970
- Lot size
- 6.39 lot acres
- Property type
- Motels
- APN
- 080-97357-0-0000
- APU
- 809735700000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 5, 2026 | — | Shree Gayatri Hospitality LLC | — | Deed · related | $1.1M · South Eastern Economic Development Compa |
| Jan 2, 2026 | $6,223,000 | Shree Gayatri Hospitality LLC | Epirata Motel Partners | Deed | $3.2M · Servbank Sb |
| Dec 30, 2024 | — | Ephrata Motel Partners | Ephrata Motel Partners | Deed · related | — |
| Oct 18, 2022 | — | Ephrata Motel Partners | — | Deed · related | $500k · Emp Operating Corp |
Description
This exceptional 110-room Comfort Inn, a multi-year Choice Hotels Gold Award winner, presents a lucrative investment opportunity. Located in Denver, Pennsylvania, at 1 Denver Rd, 17517, this two-story, 1969-built hotel sits on a substantial 6.495-acre lot, with approximately 1.2 acres available for future development. Its prime location off the Pennsylvania Turnpike (I-76) and Route 222 ensures easy access to major Northeast cities, attracting a diverse clientele from manufacturing, distribution, tourism, and sports sectors. Extensively renovated between 2016 and 2019, the property boasts amenities including a complimentary breakfast, fitness center, outdoor pool, picnic pavilion, and approximately 11,928 square feet of banquet and meeting space. The hotel has consistently performed well, including navigating the COVID-19 pandemic successfully, and a recent Choice Hotel PIP report highlights modest, low-cost modernization needs. The property is offered at $7,500,000, well below current replacement cost, and benefits from a strong brand affiliation with Choice Hotels' Comfort Inn brand. The property has been under the same ownership since 1982, offering a unique chance for an owner-operator to leverage its operational efficiencies and significant goodwill to enhance performance and capitalize on growth opportunities within the thriving Lancaster County tourism market, which saw $3.4 billion in tourism impact in 2023. The property is zoned for General Commercial use.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,705,000
- 6.5%
- $3,420,000
- 7%
- $3,175,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,574,000
Market price range: $3.07M - $8.93M -
Alternative Use
- Use
- Estimation
- HOTEL/MOTEL
- $6,440,000 Current use
- COMMERCIAL (GENERAL)
- $7,055,000 Change: +10% Conversion: Difficult
- RESTAURANT
- $5,855,000 Change: -9% Conversion: Difficult
- MEDICAL BUILDING
- $5,820,000 Change: -10% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Denver
- County
- Lancaster
- State
- Pennsylvania
- Longitude
- -76.0981
- Latitude
- 40.2234
- CBSA code
- 29540
- CBSA name
- LANCASTER, PA METROPOLITAN STATISTICAL AREA
