231 E Main Street Palmyra, PA $ 925,000
231 E Main Street
$ 925,000
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231 E Main Street

Palmyra, PA, 17078
$ 925,000
Bedrooms-- Baths-- Sq 5,838

Monthly Estimate*

$ 5,695

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Commercial Property for sale in Palmyra, PA

for $925,000. This 5,838 square foot building was built in 1975 on a lot size of 0.5.

Welcome to Walton Manor Bed & Breakfast, a rare turnkey business opportunity located on a prominent corner lot in the heart of Palmyra. Offering nearly 6,000 square feet of historic charm and modern updates, this beautifully maintained and fully operational bed & breakfast is ideally situated just minutes from downtown Hershey, near Lancaster, with convenient access to the Pennsylvania Turnpike and Interstate 81, making it an ideal destination for travelers year-round. The property features gorgeous hardwood floors, five spacious guest bedrooms, four full bathrooms, and a convenient half bath on the main level. Large gathering spaces provide the perfect setting for guests to relax and socialize, while the private laundry room adds operational convenience. For added guest comfort, each bedroom has been updated with its own mini-split unit for personalized climate control. The home also features two separate staircases, allowing for convenient and quiet access between floors. The third-floor apartment includes a private entrance, bedroom, kitchen, and full bathroom, offering excellent flexibility for owner accommodations, long-term guests, or additional rental income. Guest bathrooms have been tastefully updated with tile flooring, tiled showers, and sleek glass sliding doors. The basement offers a workshop and multiple storage rooms to support business operations and inventory needs. Outside, the original carriage house serves as an ideal garage for additional storage or covered parking. The property includes four paved parking spaces along with two covered parking spaces located in front of the garage. This sale includes all furnishings, artwork, appliances, linens, and dining ware, creating a truly turnkey hospitality opportunity ready for its next owner. Showings are best accommodated midweek. Contact us today to schedule your private tour of this exceptional business opportunity.

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Commercial Active

Price

$ 925,000

Property Type

Commercial

Taxes

$ 6,198

Style

Lot Size

0.5

Year Built

1975

Town/City

Palmyra

County/Region

Lebanon

MLS | Web ID

PALN2026100

Features
Interior
Heating Fuel Electric
Flooring Hardwood
Hot Water Natural Gas
Total Stories 3
Heating Y/N Y
Central Air Y/N N
Total Restrooms 6
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General
Sewer Public Sewer
Heating Wall Unit
Cooling Ductless/Mini-Split
Possession Settlement
Roof Slate
Zoning HIGHWAY COMMERCIAL
Construction Materials Stick Built
Year Built 1975
Property Subtype Other
Tax Year 2026
Current Use Other
Cool Fuel Electric
Municipality PALMYRA BORO
Gross Income 60810.00
Business Type Other
Accessibility Doors - Lever Handle(s)
Business Name Walton Manor Bed & Breakfast
County LEBANON
Net Operating Income 41690.00
Operating Expense 19120.00
Insurance Expense 4500.00
New Construction N
Property Type Business Opportunity
Water Access Y/N N
Status ACTIVE
Directions US-322 E to US-422 E in Palmyra
City PALMYRA
MLS Area Palmyra Boro (13216)
Lot Size Units Square Feet
Lot Size Square Feet 21780.00
Tax Annual Amount 6198.0
Price Per Sq Ft Total AG 158.44
Acceptable Financing Conventional Bank Portfolio
Avg. Electric Per Month 1000.0
Historic Y/N N
Vacation Rental Y/N N
Location Type Corner Lot/Unit
Standard Status Active
Year Built Source Assessor
Total Actual Rent 10800.00
Leasehold Rent $/Mo 850.00
Lease Amount Frequency Monthly
Association Recreation Fee N
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Exterior
Parking Features Private Paved Parking
Lot Features Corner Level
Water Source Public
Inclusions All furniture glass/diner/table ware linens tvs/games/books appliances floor coverings
Type of Parking Private Garage Off Site On Street Driveway
Foundation Details Permanent
Water View Y/N N
Building Area Total 5838.00
Lot Size Acres 0.50
Lot Size Source Assessor
Waterfront Y/N N
Door Features French Double Entry
Land Assessed Value 87000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 231
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* Excluded Features
List By
Coldwell Banker Realty

Broker

christina.bailey@cbhomes.com

Email

Affordability Calculator

$6,212
Per Month
92%
8%
0%
Monthly Principal & Interest
$5,695
Monthly Property Taxes
$517
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
5/11/2026$925,000 Listed Price

Map


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231 E Main Street, Palmyra, PA, 17078 is a Commercial Property for sale at $925,000 with 5,838 sqft and a lot size of 0.5. 231 E Main Street was built in 1975. The property's zip code is 17078 which is in Palmyra, PA