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$999,999
Est. payment /mo
29 Beds
12 Baths
18,056 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 18,056 sqft
Price per Sqft $55
Subdivision Not In Development
MLS Listing ID 777728
Bedrooms 29
Full Baths 12
HOA Y/N No
Year Built 1900
Annual Tax Amount $10,754
Lot Size 7,361 Sqft
Acres 0.169
Lot Dimensions 50*143
Property Sub-Type Commercial
Property Description
Opportunity knocks with this exceptional turn-of-the-century hotel, restaurant, and bar located in the heart of Bangor, Pennsylvania. Rich in character and historic charm, this landmark mixed-use property features approximately 29 room-rental units, a spacious 4,064-square-foot restaurant and tavern, a hotel liquor license, commercial kitchens, an elaborate bar seating approximately 40 guests, and four dining rooms accommodating approximately 200 patrons, including two elegant dining rooms enhanced by gas fireplaces. All furnishings are included, offering a true turnkey opportunity for investors, developers, or hospitality operators. Upon renovation and stabilization, the lodging component alone has the potential to generate approximately $23,400 per month based on current room rental rates, while the restaurant and bar operation previously produced approximately $1 million in annual gross revenue when owner-operated. The property offers tremendous flexibility—continue operating as a hospitality venue, lease the restaurant and bar to an experienced operator for passive income, or explore the substantial value-add potential through the owner's conceptual plans for conversion into 13 residential apartments, with projected rents ranging from $1,600 to $1,800 per month per unit. Strategically positioned in the growing Slate Belt region near the Delaware Water Gap, Lehigh Valley, and major transportation corridors, this rare offering presents multiple income streams, redevelopment possibilities, and long-term appreciation potential. Opportunities of this scale and versatility are seldom available. Business financial information and pre-approval are required with all offers." Listed for below Appraised Value As is appraised in Sept 2025 for $1405000."
Location
State PA
County Northampton
Area Bangor
Direction Allentown 22 E.to 33 N to 512 N to Bangor
Interior
Heating Electric, Oil
Cooling Central Air
Fireplace No
Exterior
Parking Features Off Street, On Street
Water Access Desc Public
Total Parking Spaces 2
Building
Story 3
Sewer Public Sewer
Water Public
Schools
School District Bangor
Others
Senior Community No
Tax ID E9NE2D-13-1-0102
Special Listing Condition None
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Listed by Saffron Real Estate
Nearby School & Business
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