Cassandra Boyer - Coldwell Banker Hearthside
600 Flagstaff
Jim Thorpe Borough, PA 18229

$1,498,000

Description

HOTEL INVESTMENT OPPORTUNITY IN scenic 50 mile view in Eastern Pa. VIDEO, acres of parking the Flagstaff Event Center & Gallos Pub await your next visit to courtyard where many special events, weddings, shows have been held over the years. Constructed for the 1901 World Fair and moved to Jim Thorpe hosting Tommy Dorsey, Frank Sinatra and other entertainers at Flagstaff w/ large full service facility the ballroom and balcony & courtyards permit guests to enjoy events and the splendor of nature. The Event Center has been recently remodeled and also has a new roof and exterior facade. There are preliminary plans approved for Hotel Development with potential landing pad for an Ariel tram from the town of Jim Thorpe, below the patio, also is possible high tech zip line. The unique property has been years in development and is ready for an operator to capitalize on this opportunity and has many other uses. Ideal for corporate and family retreats and weddings and large events.

Details

MLS#568889
StyleIndustrial
Sub-TypeResale
StatusActive
Year1912
Days On Site313

Features

SQ Feet10,220
Story(s)0
Units2
ZoningCommerical

Additional Information

County Taxes1920.34
Municiple Taxes1855.77
School Taxes8528.17
Total Taxes12303.28

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Area Information

StatePA
CountyCarbon
CityJim Thorpe Borough
Zip Code18229
AreaJim Thorpe
Listing VS Median (in 18229)
Price:
$1,498,000
low | high
Med:
$24,245
100% of Average
SqFt:
10,220
low | high
Med:
0
100% of Average
$ / SqFt:
$147
low | high
Med:
$0
100% of Average
On Site:
313
low | high
Med:
213.5
100% of Average
Listing Updated: 12/13/2018
MLS Number: 568889
Listing Provided By:
Ted VanWert  of  IronValley RE of Lehigh Valley