Selinsgrove, PA 17870,214 N MARKET ST
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Selinsgrove, PA 17870,214 N MARKET ST
Selinsgrove, PA 17870,214 N MARKET ST
Selinsgrove, PA 17870,214 N MARKET ST
Selinsgrove, PA 17870,214 N MARKET ST

$2,425,000

Est. payment /mo

$2,650,000

8.5%
Est.Price: ?

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214 N MARKET ST Selinsgrove, PA 17870

20,420 SqFt

SOLD DATE : 01/30/2023

Key Details

Sold Price $2,425,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 20,420 sqft

Price per Sqft $118

Subdivision Selinsgrove-Snyder County

MLS Listing ID PASY100208

Sold Date 01/30/23

HOA Y/N N

Originating Board BRIGHT

Year Built 2006

Annual Tax Amount $28,585

Tax Year 2019

Lot Size 0.982 Acres

Acres 0.98

Property Description

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. Disclosure: Listing Agent is related to Owner.

Location

State PA

County Snyder

Area Selinsgrove Boro (15115)

Zoning COMMERCIAL

Interior

Hot Water Natural Gas

Heating Forced Air, Heat Pump(s)

Cooling Central A/C, Other

Flooring Hardwood, Ceramic Tile, Partially Carpeted, Tile/Brick, Wood, Other

Heat Source Natural Gas, Electric

Exterior

Garage Spaces 29.0

Utilities Available Cable TV

Water Access N

Roof Type Shingle,Asphalt

Accessibility Elevator, Level Entry - Main, Other

Total Parking Spaces 29

Garage N

Building

Lot Description Additional Lot(s), Landscaping

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Selinsgrove Area

Others

Tax ID 15-05-274A

Ownership Fee Simple

SqFt Source Estimated

Security Features Desk in Lobby,Fire Detection System,Smoke Detector,Sprinkler System - Indoor

Acceptable Financing Cash, Conventional, Negotiable

Listing Terms Cash, Conventional, Negotiable

Financing Cash,Conventional,Negotiable

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Clay Shaffer • Compass RE
Bought with Non Member • Non Subscribing Office
agent

Kerry O'Hara

Advisor | License ID: 651712

+1(410) 507-0834

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