62 Broadway, Bangor Boro, PA 18013
62 Broadway, Bangor Boro, PA 18013
62 Broadway, Bangor Boro, PA 18013
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Natalie Marasco

Natalie Marasco

+1(267) 897-0468
$999,999
Est. payment /mo
29 Beds
12 Baths
18,056 SqFt
Save

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Pending

Purchase Type For Sale

Square Footage 18,056 sqft

Price per Sqft $55

Subdivision Not In Development

MLS Listing ID 777728

Bedrooms 29

Full Baths 12

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 Commercial

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 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."

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

Fireplace No

Exterior

Parking Features Off Street, On Street

Water Access Desc Public

Total Parking Spaces 2

Building

Story 3

Sewer Public Sewer

Water Public

Schools

School District Bangor

Others

Senior Community No

Tax ID E9NE2D-13-1-0102

Special Listing Condition None

Read Less Info
Listed by Saffron Real Estate

Nearby Locations

GET MORE INFORMATION

Natalie Marasco

Natalie Marasco

+1(267) 897-0468

REALTOR®, ABR, SRS, RENE RSRS340602

REALTOR®, ABR, SRS, RENE RSRS340602

Name

Name

Phone*

Phone

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Natalie Marasco, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.