Lehigh Valley PA inn for sale
Pennsylvania B&B Inn, Greater Philadelphia Region
The Globe Inn is an historic Lehigh Valley PA inn for sale. The 3-story brick landmark features a wide range of well-appointed B&B guest rooms, extended-stay suites, and comprehensive dining facilities. A vast fully equipped commercial kitchen, licensed full service bar and large banquet dining room offer tantalizing possibilities beyond the well-established and successful lodging business.
Location is key and The Globe Inn, 50 miles north of Philadelphia, is an easy drive from Valley Forge, Bucks County and other Greater Philadelphia tourist destinations. New York City is less than 2 hours away, ideal for weekend getaway guests.
A 20-mile bike-and-hike path winds its way to Valley Forge Park beginning one mile from the inn. Also, one mile from the inn is an internationally known prep school, which provides a great deal of repeat business. The inn is 10 minutes from the PA Turnpike and 15 minutes from a popular ski resort. A number of important manufacturing companies are located in the area, supporting the extended-stay business. And there are first-rate restaurants just minutes from the inn.
The Globe Inn has 15 lodging units in all. Nine spacious B&B guest suites are nicely appointed with spa tubs, fireplaces, microwaves and refrigerators. And there are six extended-stay suites furnished with kitchenettes.
Next door to the inn are two other income producing properties, available for $200,000. One is a duplex with 2 furnished apartments, the other is a 2-story commercial building leased to a woodworking company.
Occupancy is close to 50% and the inn is solidly profitable. Greater Philadelphia’s excellent demographics point to strong upside potential for The Globe Inn. The inn has operated a restaurant in the past and new owners have many options for food & beverage service, if desired.
- Financially Viable
- $1 Million to $2 Million
- Mid Atlantic
- 11 - 20 Rooms
- Bed & Breakfast
- Full Service Inn