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$999,999

For Sale

10 days ago

62 Broadway, Bangor, PA

House

MLS® 777728

29 Bed

12 Bath

18056 sqft

2 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 18056 sqft
Garage 
Taxes $10,754
Days Active 10
Lot Size 
Approx. Age 1900
Avg. Price Per Sqft $55
MLS® Number 777728

Property Address: 62 Broadway, Bangor, PA, 18013-2638

Average square foot calculated using Size range provided by listing agent.

Description

Opportunity knocks with this exceptional turn-of-the-century hotel, restaurant, and bar located in the heart of Bangor, Pennsylvania. Rich in character and historic charm, this landmark mixed-use property features approximately 29 room-rental units, a spacious 4, 064-square-foot restaurant and tavern, a hotel liquor license, commercial kitchens, an elaborate bar seating approximately 40 guests, and four dining rooms accommodating approximately 200 patrons, including two elegant dining rooms enhanced by gas fireplaces. All furnishings are included, offering a true turnkey opportunity for investors, developers, or hospitality operators. Upon renovation and stabilization, the lodging component alone has the potential to generate approximately $23, 400 per month based on current room rental rates, while the restaurant and bar operation previously produced approximately $1 million in annual gross revenue when owner-operated. The property offers tremendous flexibility—continue operating as a hospitality venue, lease the restaurant and bar to an experienced operator for passive income, or explore the substantial value-add potential through the owner's conceptual plans for conversion into 13 residential apartments, with projected rents ranging from $1, 600 to $1, 800 per month per unit. Strategically positioned in the growing Slate Belt region near the Delaware Water Gap, Lehigh Valley, and major transportation corridors, this rare offering presents multiple income streams, redevelopment possibilities, and long-term appreciation potential. Opportunities of this scale and versatility are seldom available. Business financial information and pre-approval are required with all offers." Listed for below Appraised Value As is appraised in Sept 2025 for $1405000."
MLS® Number777728
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
Basement
DrivewayOff Street, On Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 31, 2026List Date
$999,999List Price
  • Commute

Commute

Starting Address
Destination Address
62 Broadway, Bangor, PA

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