For Sale
$1,750,000

392 Slate Run RdSlate Run, PA 17769

Boutique Hotel, 10 Rooms, Exceptional Views

Overview

Added:
Dec 11, 2024
Days on market:
114
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.

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 Details for 392 Slate Run Rd

Property type
Hospitality properties, Motels
Square Feet
6,726 SF
Year Built
2004
Stories
3
Lot Size (sq. ft)
81,022 SF

Location Insight

City
Slate Run
County
Lycoming
State
Pennsylvania
Latitude
41.4717508
Longitude
-77.5044459
392 Slate Run Rd, Slate Run, Pennsylvania

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392 Slate Run Rd
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