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Key Details
Sold Price $651,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PAMC607056
Sold Date 08/07/19
HOA Y/N N
Originating Board BRIGHT
Year Built 1945
Annual Tax Amount $13,224
Tax Year 2020
Lot Size 0.406 Acres
Acres 0.41
Lot Dimensions 80
Property Description
The Globe Inn is a historic 17 guest room and banquet facility located in the intimate borough setting of East Greenville, Montgomery County, PA. Surrounded by the rural Upper Perkiomen Valley. The property is comprised of 3 parcels on 2 town lots with paved parking for 40 cars. The 3-story main inn includes 9, 1-bedroom guest suites; 6 extended stay 1-bedroom units, a licensed, 70+ seat restaurant/banquet room, commercial kitchen, licensed bar, guest reception, fireplaced lounge area, office, laundry and full basement storage. An adjacent 2-story residence houses two, 1-bedroom apartments. The 3rd parcel, a 1,500 sq. ft. 2-story garage, is currently leased to a custom woodworking business, with potential for conversion to additional residence space. The Globe combines historic architectural features with modern amenities. The spacious, individually themed guest suites are furnished with spa tub, gas fireplace, TV, microwave & refrigerator. The extended stay and apartment units offer flexible independent living options with kitchen facility. This room product variety accommodates both the holiday and business traveler and offers multiple options for a future live-in owner. Very accessible to major interstate routes, and a wealth of eastern Pennsylvania activities and events. The Globe has sustained above average occupancy with excellent guest ratings.
Location
State PA
County Montgomery
Area East Greenville Boro (10606)
Zoning LI
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Natural Gas, Electric
Heating Heat Pump(s), Other
Cooling Central A/C, Ceiling Fan(s)
Flooring Tile/Brick, Wood, Carpet, Vinyl
Fireplace N
Heat Source Natural Gas, Electric
Exterior
Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available
Water Access N
Roof Type Flat,Pitched,Shingle,Slate,Rubber
Accessibility None
Road Frontage Boro/Township
Garage N
Building
Building Description Other,Plaster Walls,Masonry, Public Restrooms,Private Restrooms,Ceiling Fans,Fire Escape,Kitchen,Security System,Sprinkler System
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Structure Type Other,Plaster Walls,Masonry
New Construction N
Schools
School District Upper Perkiomen
Others
Tax ID 06-00-01412-004
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Jeanne M. Dalton-Justice • Brode & Brooks Inc