Stephanie Garomon - Addison Wolfe Real Estate
326 W 4th St
EAST GREENVILLE, PA 18041

$1,100,000

Description

The Globe Inn is a historic 17 guest room and banquet facility located in the intimate borough setting of East Greenville, Montgomery County, PA. Surrounded by the rural Upper Perkiomen Valley. The property is comprised of 3 parcels on 2 town lots with paved parking for 40 cars. The 3-story main inn includes 9, 1-bedroom guest suites; 6 extended stay 1-bedroom units, a licensed, 70+ seat restaurant/banquet room, commercial kitchen, licensed bar, guest reception, fireplaced lounge area, office, laundry and full basement storage. An adjacent 2-story residence houses two, 1-bedroom apartments. The 3rd parcel, a 1,500 sq. ft. 2-story garage, is currently leased to a custom woodworking business, with potential for conversion to additional residence space. The Globe combines historic architectural features with modern amenities. The spacious, individually themed guest suites are furnished with spa tub, gas fireplace, TV, microwave & refrigerator. The extended stay and apartment units offer flexible independent living options with kitchen facility. This room product variety accommodates both the holiday and business traveler and offers multiple options for a future live-in owner. Very accessible to major interstate routes, and a wealth of eastern Pennsylvania activities and events. The Globe has sustained above average occupancy with excellent guest ratings.

Details

MLS#1000193124
StyleIndustrial
Sub-TypeResale
StatusActive
Year1895
Days On Site294

Features

Story(s)0
ZoningLI

Market Activity 18041

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Area Information

StatePA
CityEAST GREENVILLE
Zip Code18041
AreaEast Greenville Boro (10606)
Listing VS Median (in 18041)
Price:
$1,100,000
low | high
Med:
$250,000
100% of Average
On Site:
294
low | high
Med:
129
100% of Average
Listing Updated: 12/14/2018
MLS Number: 1000193124
Listing Provided By:
Steven Rothenberger  of  Brode Brooks Inc

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