10652 Route 44 HwyWaterville, PA 17776

For Sale
$920,000

Historic Lodge, Restaurant & Hotel, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
93
Exceptional opportunity to acquire the Pine Creek Lodge, a unique mixed-use property situated on 1.2 acres in Waterville, Pennsylvania. This established business boasts a 10,000 square foot building, originally constructed in 1930 and renovated in the 1970s, featuring two buildings and two stories. The property includes a 12-unit hotel with rooms currently rented at $95 per night, a large remodeled restaurant/cafe space with a walk-in cooler and waitress station, and an additional room suitable for a deli, gift shop, or bike rental business. Its strategic location directly across from the Pine Creek Rail Trail and near a kayak launch makes it ideally positioned to capitalize on the booming tourism in this gateway community to Pine Creek. The property benefits from public water service—a rare feature for commercial buildings in Waterville—and has its own septic system. The permitted zoning is RC. While the restaurant hasn't operated since 2013, the asking price of $920,000 ($92 per square foot) reflects the value of the substantial commercial building and its potential. The seller will finance for a qualified buyer. Pre-approval or proof of funds is required for showings. Note that financial information for the restaurant is unavailable. The attached service garage offers additional leasing or development potential.

Highlights

  • No restaurant financials available; no restaurant operation since 2013.
  • List price reflects the as-is value of this large, near-new commercial building in a rapidly growing village.
  • The service garage offers potential for lease or conversion to alternative commercial use.
  • Hotel rooms generate rental income via nightly, weekend, and weekly bookings.
  • Seller financing available to qualified buyers.

Property Details for 10652 Route 44 Hwy

Property type
Other specialty properties, Other retail properties
Square Feet
10,000 SF
Year Built/Renovated
1930/1970
Buildings
2
Stories
2
Lot Size (sq. ft)
52,272 SF
Units
12

Location Insight

City
Waterville
County
Lycoming
State
Pennsylvania
Latitude
41.3101672
Longitude
-77.3613114
10652 Route 44 Hwy, Waterville, Pennsylvania

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10652 Route 44 Hwy
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