Tracy Germain - Coldwell Banker Hearthside
430 Front St
BELVIDERE, NJ 07823

$1,750,000

Description

TURNKEY INVESTMENT! UNBELIEVABLE BUINSESS OPPORTUNITY! Remarkable Hotel nestled in the quaint and charming town of Belvidere. The Belvidere Hotel, established in 1831 during the Victorian era, has been meticulously renovated in 2006 and is fully operating. The hotel has 21 rooms, ranging from deluxe king and queen rooms all the way to suites. Each spacious suite contains a refrigerator and microwave, living room, bedroom, and bathroom. There is an additional /- 3,000 square foot space that could be converted into a catering/reception hall/restaurant. Hotel price includes BROAD C liquor license being sold with building. Additional 5,000 square foot in basement that is also in the process of being completely restored with a full bar. The scenic town of Belvidere is a charming Victorian town located on the banks of the Delaware and Pequest Rivers. The town and surrounding areas is home to multiple antique shops, eateries, and retail establishments which offer visitors a variety of activities: from skiing the slopes of the Poconos to whitewater rafting down the Delaware River, mountain biking in the Delaware Water Gap, taking historic tours of Victorian houses, multiple golf courses, Revolutionary War battlefields, wine tasting at nearby wineries, and more. So much potential and could be turned into a Wedding Venue or more! Motivated Sellers! Bring an offer!

Details

MLS#1001412494
StyleIndustrial
Sub-TypeResale
StatusActive
Year1831
Days On Site212

Features

SQ Feet13,504
Story(s)0
ZoningB

Market Activity 07823

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Area Information

StateNJ
CityBELVIDERE
Zip Code07823
AreaBelvidere Town (22103)
Listing VS Median (in 07823)
Price:
$1,750,000
low | high
Med:
$1,750,000
50% of Average
SqFt:
13,504
low | high
Med:
13,504
50% of Average
$ / SqFt:
$130
low | high
Med:
$130
50% of Average
On Site:
212
low | high
Med:
212
100% of Average
Listing Updated: 12/12/2018
MLS Number: 1001412494
Listing Provided By:
Salvatore Bua  of  Smires Associates

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