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Barrington Virgo

bvirgohomes@gmail.com +1(484) 426-3741

$ 999,999

Est. payment -/mo

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62 Broadway Bangor Boro, PA 18013

18,056 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 18,056 sqft

Price per Sqft $55

MLS Listing ID 777726

HOA Y/N No

Year Built 1900

Annual Tax Amount $10,754

Lot Size 7,361 Sqft

Acres 0.169

Lot Dimensions 50*143

Property Sub-Type Retail

Property 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 stabilisation, 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."

Location

State PA

County Northampton

Area Bangor

Direction Allentown 22 E.to 33 N to 512 N to Bangor

Interior

Heating Electric, Oil

Cooling Central Air

Inclusions Real Estate/Business, Real Estate Only

Fireplace No

Exterior

Parking Features Off Street, On Street

Utilities Available Natural Gas Available

Water Access Desc Public

Roof Type Flat

Street Surface Asphalt

Road Frontage City Street

Total Parking Spaces 2

Building

Sewer Public Sewer

Water Public

Schools

School District Bangor

Others

Tax ID E9NE2D-13-1-0102

Special Listing Condition None

Listed by Saffron Real Estate

Barrington Virgo

Agent | License ID: RS340227

+1(484) 426-3741 | bvirgohomes@gmail.com

Barrington Virgo

62 Broadway Bangor Boro, PA 18013

Key Details

Location

Interior

Exterior

Building

Schools

Others

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