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Cobblestone Inn & Suites Corry 864 E Columbus Ave

37 Room Hotel Corry, PA 16407 $2,100,000 ($56,757/Room)

Investment Highlights

  • Great upside opportunity
  • Beer and wine bar
  • South of I-86 and east of I-79; 30 miles from Erie

Executive Summary

The Cobblestone Inn & Suites in Corry, Pennsylvania is a 2-story, interior corridor hotel that is being offered for sale with great upside opportunity.
The 37-room hotel features a bar area which serves beer & wine, a breakfast area, business center, convenience store, fitness center and 650 SF meeting space.
This hotel is being offered individually or as a portfolio with another Cobblestone in PA:
https://www.hotelbrokerone.com/hotels-for-sale/Cobblestone-Inn-and-Suites-HarborCreek-Pennsylvania
Contact Ted for tours and inquiries. Do not contact the hotel directly or visit without an appointment.

Property Facts

Price $2,100,000
Price Per Room $56,757
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.26 AC
Building Size 20,000 SF
No. Rooms 37
No. Stories 2
Year Built 2014
Parking Ratio 1.85/1,000 SF
Corridor Interior

Amenities

  • Business Center
  • Fitness Center
  • On-Site Retail
  • High Speed Internet Access
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 2 $114.00 -
Guest Room 35 $91.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-006-014.0-012.02
Land Assessment
$196,600
Improvements Assessment
$1,402,000
Total Assessment
$1,598,600

zoning

Zoning Code C
C
  • Listing ID: 32338246

  • Date on Market: 7/3/2024

  • Last Updated:

  • Address: 864 E Columbus Ave, Corry, PA 16407

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