10652 Rte 44th Hwy Waterville, PA 17776-9504
This exceptional 10,752 square foot commercial building presents a unique investment opportunity in the thriving tourist destination of Waterville, PA. Situated on a 1.2-acre lot at 10652 N ROUTE 44 Highway, this property boasts a prime location directly across from the Pine Creek Rail Trail and near a kayak launch, ensuring high visibility and accessibility. The building currently operates as a 12-room hotel on the second floor, complete with common areas, offering rooms at $95 per night. The ground floor features a fully remodeled, expansive restaurant/cafe space, including a well-equipped kitchen with walk-in coolers and a waitress station. An additional room is ideal for a deli, gift shop, or bike rental business, catering to the area's active tourism. The property benefits from public water service – a rare advantage for commercial buildings in Waterville – and has its own septic system. The potential for significant revenue generation is substantial, given the high demand for lodging and dining in this booming tourist area. A hotel liquor license is readily obtainable. Pre-approval or proof of funds is required for showings. This is a rare chance to acquire a large commercial space poised for substantial returns in a rapidly growing market. Don't miss this exceptional opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
RES · Waterville, PAWaterville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.