Multifamily For Sale

$2,650,000

When do you want to see it?

214 N Market Street

  • – beds
  • – baths
  • 20,420 sqft
  • ~1 acre lot
  • $129 per sqft
  • 2006 build

This magnificent countryside retreat is a great investment property, 1031 exchange, or serene change of pace with the opportunity to create a lifestyle for each and every guest. Positioned just steps away from boutique shopping, quaint eateries, and a renowned private college, this colonial boutique hotel retreat is home to 24 unique suites, dining and breakfast room, two lobbies, and chef s kitchen. Through a lush landscape and stately wood entry doors, the grand foyer stands two-stories tall with soaring ceilings, custom millwork, open staircase and a welcoming library lounge warmed by the glow of the gas-burning fireplace and motorized 26-light chandelier. With windows spanning two stories, the 64-foot deep grand lobby is a sunlit sanctuary by day. The rear entrance lobby takes on a more casual approach with guest check-in desk, business center computer, and antique relics. Just off of the lobby, guests enjoy a carefully curated, full-service breakfast each morning in the dining room. On the west porch, rocking chairs greet visitors for sundown. The laundry room in the north end of the property, equipped with Milnor 50lb commercial washing machine and ADC 80lb commercial gas dryer, is the powerhouse for keeping the property in tip-top shape and satisfying each visitor with impeccable bed and bath linens. The mechanical room is conveniently located directly behind the elevator shaft, and contains gas water heaters, elevator components, emergency power system, and fire/sprinkler equipment. The chef s kitchen, at the foot of the south stairwell, is secluded from the guests quarters for noise reduction, and ease of deliveries from the exterior kitchen door. The 10' x 21' kitchen is outfitted in the industry s best commercial stainless appliances, with a Vulcan six-burner range and oven, two door refrigeration, one door freezer, prep stations, 8-ft. stainless steel hood and Ansul fire-suppression system. The remainder of the first floor is complete with five guest rooms; each over 450 square feet. Navigate to the second floor by elevator or ascend the grand lobby staircase, where you ll find nine additional guest suites and two storage rooms for linens and housekeeping needs. The third floor is accessible by elevator or the North or South staircases, with an additional ten suites. Guest suites range from 295-465 square feet, each with a unique layout, color palette, furnishings and d cor. The 24 guest suites range from 2 handicapped-accessible suites located on the ground floor, 5 suites with two queen beds in separate rooms, 1 suite with private queen bedroom and separate sitting room, 2 standard queen rooms, 2 jacuzzi suites with king bed, 4 jacuzzi suites with king bed plus pull out sleep-sofa, and 8 suites with king bed and sleep-sofa. Each of the 24 income-generating suites enjoys the privacy provided by custom plantation shutters in all exterior windows, plush carpeting, coffee bar, and spacious bathrooms. The 20,420 square foot brick colonial building was built in 2006, and sits on approximately 1 acre of land, with two outdoor patios sheltered from the elements, as well as landscaped gardens and parking for 29 cars. The owner-operated business has been thoughtfully constructed using the industry s leading technologies such as Think Reservations property management system, and key card operated electronic door looks on each suite. Integrated audio sets the ambiance through all common areas. Financials available upon request, with buyer s proof of financial ability. Two nearby private colleges and many business travelers comprise a very successful flow of business. Additional surrounding properties available for additional cost, only in conjunction with Hotel. Property video available at: https://vimeo.com/437604333 Disclosure: Listing Agent is related to Owner. Refer to BrightMLS# PASY100208 Commercial Listing.

BRIGHT logo Listing courtesy of BRIGHT / Compass Pennsylvania, LLC

Last checked: Checking… • Last updated May 5, 2021 •

MLS# PASY100214 —

Amenities & Taxes

The Building

Year Built:
2006
Year Built Source:
Estimated
New Construction:
No
Construction Materials:
Block, Brick, Copper Plumbing, Masonry, Other
Structure Type:
Other
Architectural Style:
Colonial
Building Units Total:
1
Building Levels:
3
Roof:
Asphalt, Shingle
Elevators:
1
Accessibility Features:
Elevator
Basement:
No
Total SQFT Source:
Estimated

Interior

Interior Features:
Additional Stairway, Breakfast Area, Crown Moldings, Dining Area, Elevator
Flooring Type:
Ceramic Tile, Hardwood, Partially Carpeted, Other, Tile/Brick, Wood
Fireplace:
Yes
Fireplaces:
1
Living Area SQFT Source:
Estimated

Room Dimensions

Total SQFT
20420
Living Area SQFT:
20,420 Sqft

Financial & Terms

Sale Type:
Standard
Acceptable Financing:
Cash, Conventional, Negotiable, Other
Possession:
0-30 Days CD, Negotiable, Other

Location

Directions:
Use GPS.
Latitude:
40.80214227
Longitude:
-76.86145213

The Property

Property Type:
Multi-Family
Property Sub Type:
Other
Property Condition:
Very Good
Lot Size Acres:
0.98
Lot Size Source:
Estimated
Lot SQFT:
42,759 Sqft
Inclusions:
Fixtures, All kitchen equipment and appliance, Furnishings, Business Name ("The Selinsgrove Inn"), Technology.
Exclusions:
Owner's personal possessions. Limited Art Pieces.
Other Structures:
Above Grade
Zoning:
NEIGHBORHOOD BUSINESS
Zoning Description:
Commercial, Neighborhood Business, Mixed Use.
Water View:
No
Waterfront:
No
Navigable Water:
No
Water Access:
No
Water Oriented:
No
Lot Size Units:
Square Feet
Riparian Rights:
No
Tidal Water:
No

Listing Agent

Contact info:

Taxes

Tax ID Number:
NO TAX RECORD
Tax Year:
2019
Tax Annual Amount:
$28,585
Total Taxes Pymnt Freq:
Annually

The Listing

Virtual Tour:
Virtual Tour
Buyer's Brokerage Compensation:
2.5%
Buyer Agency Comp Type:
% Of Gross

Heating & Cooling

Cooling Fuel:
Electric, Natural Gas
Cooling Type:
Central A/C, Heat Pump(s), Other
Central Air:
Yes
Heating:
Yes
Heating Type:
Forced Air, Heat Pump(s)
Heating Fuel:
Electric, Natural Gas

Utilities

Utilities:
Cable TV, Other
Sewer Septic:
Public Sewer
Hot Water:
Natural Gas, Electric
Water Source
Public
Internet Services:
Fiber Optic

Schools

School District Name:
Selinsgrove Area
School District Source:
Listing Agent

The Community

Subdivision Name:
Selinsgrove Snyder County
Pool:
No Pool

Parking

Total Garage and Parking Spaces:
29
Type of Parking:
Parking Lot
Garage:
No
Parking Features:
Handicap Parking, Lighted Parking, Paved Parking, Private
Parking Lot - # of Spaces:
29

Extra Units

Vacation Rental:
No
Units Furnished:
All

Schools

Rating Details

Selinsgrove Area High School

  • Public
  • 9-12
  • 0.4 mi

Selinsgrove Area Elementary School

  • Public
  • K-5
  • 0.5 mi

Selinsgrove Intermediate School

  • Public
  • K-8
  • 0.7 mi

Selinsgrove Area Middle School

  • Public
  • 6-8
  • 0.7 mi

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

Flood Risk

  • FEMA Zone (est.):
  • Flood insurance:

Get an instant insurance quote

Flood likelihood over time

year probability
1y 2%
5y 13%
10y 23%
15y 31%
20y 39%
25y 45%
30y 51%

Because risk accumulates over time, this property has a 51% chance of flooding within the next 30 years.

Provided by Flood Factor™

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Sale history

Date Event Source Price % Change
4/2/21
Listed / Active BRIGHT $2,650,000

Finding records…

No additional history available

If new records are added for this property, we’ll share them here.

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214 N Market Street
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