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    Address Not Available By Request

    MACUNGIE, PA 18062
    • $2,250,000
    • STATUS: Active
    • ON SITE: 364 days
    • ID#: PALH112350
    UPDATED: 80 min ago
    $2,250,000
    • 0
      BEDS
    • 110
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1973
    County:

    School Ratings & Info

    School District:

    Description

    CONFIDENTIAL--MULTIPLE REVENUE STREAMS WITH REAL ESTATE: Businesses include restaurant, bar, patio bar, event/wedding/business meeting facilities, and golf course. Opportunity to buy existing businesses and revenue streams with no deferred maintenance and limited upgrade expenses for years to come as everything has been recently upgraded or replaced. Stunning modern facility features a redesigned and expanded banquet room accommodating over 250 guests, a new smaller room for business meetings of up to 30 attendees, a completely remodeled restaurant and sports bar with new restrooms, and an expanded patio bar. The golf course has been upgraded for increased revenue opportunities. Priced at a highly attractive 14% CAP.

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    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-09-19T23:50:10.883.
    www.locomusings.com/homes/99206013
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    Address Not Available By Request MACUNGIE, PA 18062

    • Price: $2,250,000
    • Status: Active
    • Updated: 80 min ago
    • ID#: PALH112350
    0
    Beds
    0
    Baths
    0
    ½ Baths
    110
    Acres
    1973
    Built
    Neighborhood:
    Lower Macungie Twp (12311)
    County:
    Lehigh
    Area:
    Lower Macungie Twp (12311)
    School District:
    East Penn
    Property Description
    CONFIDENTIAL--MULTIPLE REVENUE STREAMS WITH REAL ESTATE: Businesses include restaurant, bar, patio bar, event/wedding/business meeting facilities, and golf course. Opportunity to buy existing businesses and revenue streams with no deferred maintenance and limited upgrade expenses for years to come as everything has been recently upgraded or replaced. Stunning modern facility features a redesigned and expanded banquet room accommodating over 250 guests, a new smaller room for business meetings of up to 30 attendees, a completely remodeled restaurant and sports bar with new restrooms, and an expanded patio bar. The golf course has been upgraded for increased revenue opportunities. Priced at a highly attractive 14% CAP.
    Exterior Features

    Construction Materials Stucco Garage YN No Location Type Free Standing Parking Features Paved Parking Parking Types Parking Lot Property Condition GoodVery Good Riparian Rights YN No Road Surface Type Black Top Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Building Area Total 7138.00 Cooling Central A/C Exclusions None Heating Forced AirHeat Pump - Gas Backup Heating YN Yes Inclusions All FurnitureFurnishings Equipment And inventory Net Square Feet 7138.00

    Property Features

    Acceptable Financing ConventionalCash Accessibility Features Level Entry - Main Association YN No Business Type Banquet Facility/LodgeRestaurant/BarOther Central Air YN Yes Cooling Fuel Natural GasElectric Electric 200+ Amp Service Gross Income 2000000.00 Heating Fuel Natural Gas Hot Water Natural Gas Incorporated City Name Lower Macungie Twp Lease Considered YN No Navigable Water YN N Net Operating Income 310000.00 New Construction YN No Original MLSNumber 302018458994 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Special Purpose Sale Type Standard Sewer Public Sewer Tax Annual Amount 36000.00 Tax Assessment Amount 0.00 Vacation Rental YN No Water Source Public Year Built Effective 2017 Zoning Suburban

    Listing courtesy of Howard Hanna The Frederick Group.


    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-09-19T23:50:10.883.
     
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    540 Fort Evans Road Suite 303
    Leesburg VA, 20176