271 Ridge Road Spring City, PA $ 1,385,000
271 Ridge Road
$ 1,385,000
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271 Ridge Road

Spring City, PA, 19475
$ 1,385,000
Baths0.0

Monthly Estimate*

$ 8,295

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Studio

Commercial Property for sale in Spring City, PA

for $1,385,000. This building was built in 1900 on a lot size of 4.2.

We are pleased to present a unique hospitality offering in the charming borough of Spring City, Pennsylvania. This meticulously maintained 10-unit hotel and 4-bedroom, 2-bathroom farmhouse rests on expansive grounds of 4.2 acres, holding potential for increased unit capacity through multifamily conversion, subject to township approvals. Ideally positioned for both leisure and business travelers, The Annvua promises a captivating blend of established income and exciting development potential. The well-established hotel offers guests a haven of comfort and style, perfectly suited for short-term and extended stays. Each of the ten well-equipped units features private entrances, updated baths, in-room coffee makers, smart TVs, ample storage, and convenient on-site parking. Strategic Location: Nearby to Phoenixville, routes such as Routes 422, 23, 724, and 100, and the PA Turnpike 4.2-acre Property Available 10-unit hotel + Farmhouse Modern Amenities Expansion Potential Zoning: RC - Rural Conservation Asking Price: $1,385,000 Cap Rate: 8.9% NOI: $123,056 Pro Forma Cap Rate: 10.6%

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Commercial Active

Price

$ 1,385,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 9,395

Style

Hotel/Motel,Parking Lot,Apartment Building,Bed and

Lot Size

4.2

Year Built

1900

Town/City

Spring City

County/Region

Chester

MLS | Web ID

PACT2066426

Features
Interior
Heating Fuel Electric
Flooring Carpet Hardwood
Hot Water Electric
Heating Y/N Y
Central Air Y/N N
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General
Sewer Other
Heating Wall Unit
Cooling None
Possession 0-30 Days CD 31-60 Days CD
Zoning C40
Construction Materials Stucco Masonry
Exclusions All personal property
Year Built 1900
Property SubType Mixed Use
Tax Year 2024
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality EAST VINCENT TWP
Business Type Hotel/Motel Parking Lot Apartment Building Bed and Breakfast Banquet Facility/Lodge Other/General Retail
Accessibility Ramp - Main Level
County CHESTER
Net Operating Income 123056.00
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Use Waze
City SPRING CITY
NumberOfUnitsTotal 0
MLS Area East Vincent Twp (10321)
Lot Size Units Square Feet
Lot Size Square Feet 182952.00
Waterfront Y/N N
Tax Annual Amount 9395.0
Price Per Sq Ft Total AG 460.44
Vacation Rental Y/N N
Days on Market 90
Standard Status Active
Year Built Source Assessor
Tax Lot 0105
Cap Rate 8.90
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Exterior
Parking Features Paved Parking
Water Source Public
Type of Parking Driveway Parking Lot
Water View Y/N N
Building Area Total 3008.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 4.20
Lot Size Source Estimated
Land Assessed Value 105660.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 271
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* Excluded Features
List By
Kw Commercial

Broker

bmack@pcre.ltd

Email

Affordability Calculator

$9,078
Per Month
91%
9%
0%
Monthly Principal & Interest
$8,295
Monthly Property Taxes
$783
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/23/2024$1,385,000 -7.67% Price Down
5/17/2024$1,500,000 Listed Price

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271 Ridge Road, Spring City, PA, 19475 is a Commercial Property for sale at $1,385,000 with a lot size of 4.2. 271 Ridge Road is a studio with 0.0 baths and was built in 1900. The property's zip code is 19475 which is in Spring City, PA