Hotel + 4 Unit Apartment Building 2140 Lincoln Hwy E 44 Room Hotel Lancaster, PA 17602 $4,997,106 CAD ($113,571 CAD/Room)

Incredible Investment Opportunity in the heart of the Lancaster Rt. 30 tourist area. Located on a heavilytraveled, high visibility corner along Lincoln Highway East, this fully remodeled, two-story hotel offers an amazing opportunity for your lodging business. The fully renovated hotel features all new interiors, as well as new PTAC (Package heating and cooling) systems for all rooms. The entire first floor with 21 rooms has all new furniture and soft goods, and the 23 rooms on the 2nd floor are remodeled but unfurnished, ready for you to add your own FF&E. The first floor includes a keypad controlled entrance lobby, reception area and manager’s office, an in-house laundry, housekeeping closet and a new lobby restroom. All the rooms have brand new baths and showers, new LED lights, flooring and paint. New ceramic tile and LVP throughout creates a fresh, modern style that is easy to clean. The hotel has its own onsite laundry for housekeeping. Next to the hotel and included in the sale price of the property is a 5,000 SF, 4-unit apartment building, with two 3-BR units and two 1-BR units. (One of the 3BR's rents as a 2BR due to the 3rd bedroom being made into a living room.) The 2nd floor apartments include a balcony or deck. The fenced backyard has a large covered pavilion, which is a nice tenant amenity! Below market rents offer tremendous upside potential. Apartments offer steady income in the off season and throughout the year. Seller has a hassle free automated system similar to AirBnb's to facilitate hotel guest bookings and permit automatic guest check in and room entry. Schedule your showing today – this will go fast! NOTE TO BUYERS: Owner kindly requests that you not attempt to drive onto the property, walk around the site, try to enter the lobby or speak to anyone on site without having a prior scheduled showing with an agent. The property is monitored with security cameras and the lobby doors can only be opened by guests or visitors who have been given a prior key code. This is an active, operating business so NO PHOTOS or VIDEOGRAPHY please on site. A property brochure with professional photos is available from listing agent. Do not visit property without an agent.