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Historic Perkiomen Bridge Hotel 1 E HISTORIC PERKIOMEN BRIDGE HOTEL 1 E. MAIN STREET COLLEGEVILLE, PA 19486 Monika Polakevic Senior Advisor 215.757.2500 x108 [email protected] Chichi E. Ahia, SIOR Executive Director/ Principal 215.757.2500 x101 [email protected] SVN | AHIA COMMERCIAL REAL ESTATE | 2050 CABOT BLVD. W, SUITE 102, LANGHORNE, PA 19047 OFFERING MEMORANDUM PROPERTY INFORMATION 3 Property Summary Property Highlights Property Details Tax Map FLOOR PLANS 8 Floor Plan I First Floor Floor Plan I Second Floor LOCATION INFORMATION 11 Regional Map Location Maps Aerial Map DEMOGRAPHICS 15 Demographics Map ZONING INFORMATION 17 V-2 Village District HISTORIC REGISTRY INFORMATION 22 National Register of Historic Places HISTORIC PERKIOMEN BRIDGE HOTEL | 1 E. MAIN STREET, COLLEGEVILLE, PA 19486 OFFERING MEMORANDUM 1 PROPERTY INFORMATION HISTORIC PERKIOMEN BRIDGE HOTEL | 1 E. MAIN STREET COLLEGEVILLE, PA 19486 SVN | Ahia Commercial Real Estate | Page 3 Property Summary OFFERING SUMMARY PROPERTY OVERVIEW Sale Price: $545,000 Exceptional historic property improved with a 3-story building known as the Perkiomen Bridge Hotel. Over 16,600 square feet on 1.37 acres. Current zoning V-2 (Village District) allows for adoptive reuse to a number of permitted uses, including professional offices, hotel, restaurant & cafe, banquet or reception hall, tavern, bed & breakfast, etc. Excellent location Lot Size: 1.37 Acres providing for great visibility and access. Year Built: 1705 The Perkiomen Bridge Hotel is a historic landmark property located near Ursinus Collegein Collegeville. Unique and rare offering with substantial upside potential. Building Size: 16,600 SF DEMOGRAPHICS Zoning: V-2, Village District 1 MILE 3 MILES 5 MILES Market: Philadelphia Total Households 1,625 11,222 32,999 Submarket: Norristown/Valley Total Population 6,116 36,432 99,834 Forge Submarket Average HH Income $119,782 $119,426 $112,576 Trafficoun C t: 22,395 HISTORIC PERKIOMEN BRIDGE HOTEL | 1 E. MAIN STREET COLLEGEVILLE, PA 19486 SVN | Ahia Commercial Real Estate | Page 4 The information presented here is deemed to be accurate, but it has not been independently verified. eW make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated. Property Highlights PROPERTY HIGHLIGHTS • 16,601 ± square feet • 1.37 ± acres • Highly visible and accessible location • Corner location at signalized intersection • Adaptive reuse opportunity • Registered with national registry of historic places • Historic charm & character • Unique creek-side setting • 18"-24" stone walls, hardwood floors and wood beams • 16,600 ± square feet; 8,000 ± square feet historic building, additions may be demolished for new construction • Ample parking (3.92/1000 ratio), plus parking easement to rear of adjacent parcel • Utilities on site • Level topography • Amenities rich location • Convenient Access to major roads HISTORIC PERKIOMEN BRIDGE HOTEL | 1 E. MAIN STREET COLLEGEVILLE, PA 19486 SVN | Ahia Commercial Real Estate | Page 5 The information presented here is deemed to be accurate, but it has not been independently verified. eW make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated. Property Details SALE PRICE $545,000 PROPERTY DETAILS Property Type Retail LOCATION INFORMATION Property Subtype Restaurant/Hotel Building Name Historic Perkiomen Bridge Hotel Zoning V-2, Village District Street Address 1 E. Main Street Lot Size 1.37 Acres ± City, State, Zip Collegeville, PA 19486 APN# 04-00-00625-001 County/Township Montgomery RE Taxes [2019] $4,504 Market Philadelphia Lot Frontage 425' Submarket Norristown/Valley Forge Submarket Corner Property Yes Cross Streets Gravel Pike & Ridge Pike Trafficoun C t 22,395 Trafficoun C t Street Main St BUILDING INFORMATION Building Size 16,601 SF± PARKING & TRANSPORTATION Number Of Floors 3 Parking Ratio 3.92/1000 Year Built 1705 Load Factor Yes Utilities Public Water, Public Sewer HISTORIC PERKIOMEN BRIDGE HOTEL | 1 E. MAIN STREET COLLEGEVILLE, PA 19486 SVN | Ahia Commercial Real Estate | Page 6 The information presented here is deemed to be accurate, but it has not been independently verified. eW make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated. Tax Map HISTORIC PERKIOMEN BRIDGE HOTEL | 1 E. MAIN STREET COLLEGEVILLE, PA 19486 SVN | Ahia Commercial Real Estate | Page 7 The information presented here is deemed to be accurate, but it has not been independently verified. eW make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated. 2 FLOOR PLANS HISTORIC PERKIOMEN BRIDGE HOTEL | 1 E. MAIN STREET COLLEGEVILLE, PA 19486 SVN | Ahia Commercial Real Estate | Page 8 3 LOCATION INFORMATION HISTORIC PERKIOMEN BRIDGE HOTEL | 1 E. MAIN STREET COLLEGEVILLE, PA 19486 SVN | Ahia Commercial Real Estate | Page 11 Regional Map Historic Perkiomen Bridge Hotel HISTORIC PERKIOMEN BRIDGE HOTEL | 1 E. MAIN STREET COLLEGEVILLE, PA 19486 SVN | Ahia Commercial Real Estate | Page 12 The information presented here is deemed to be accurate, but it has not been independently verified. eW make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated. Location Maps HISTORIC PERKIOMEN BRIDGE HOTEL | 1 E. MAIN STREET COLLEGEVILLE, PA 19486 SVN | Ahia Commercial Real Estate | Page 13 The information presented here is deemed to be accurate, but it has not been independently verified. eW make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated. Aerial Map Historic Perkiomen Bridge Hotel HISTORIC PERKIOMEN BRIDGE HOTEL | 1 E. MAIN STREET COLLEGEVILLE, PA 19486 SVN | Ahia Commercial Real Estate | Page 14 The information presented here is deemed to be accurate, but it has not been independently verified. eW make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated. 4 DEMOGRAPHICS HISTORIC PERKIOMEN BRIDGE HOTEL | 1 E. MAIN STREET COLLEGEVILLE, PA 19486 SVN | Ahia Commercial Real Estate | Page 15 Demographics Map POPULATION 1 MILE 3 MILES 5 MILES Total population 6,116 36,432 99,834 Median age 31.0 35.1 37.4 Median age (Male) 30.9 34.8 36.6 Median age (Female) 29.0 33.4 36.5 HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES Total households 1,625 11,222 32,999 # of persons per HH 3.8 3.2 3.0 Average HH income $119,782 $119,426 $112,576 Average house value $364,436 $371,937 $365,390 * Demographic data derived from 2010 US Census HISTORIC PERKIOMEN BRIDGE HOTEL | 1 E. MAIN STREET COLLEGEVILLE, PA 19486 SVN | Ahia Commercial Real Estate | Page 16 The information presented here is deemed to be accurate, but it has not been independently verified. eW make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated. 4 ZONING INFORMATION HISTORIC PERKIOMEN BRIDGE HOTEL | 1 E. MAIN STREET COLLEGEVILLE, PA 19486 SVN | Ahia Commercial Real Estate | Page 17 §14-1601 Zoning §14-1604 Page revised as of 3/7/2007 C-IV-C 387 Article 16 V-2 Village District §14-1601. Declaration of Legislative Intent. It is the specific intent of this Article to: A. Permit, by right, single-family detached dwellings. B. Allow, by conditional use, limited commercial and office uses that are low traffic generators. C. Provide special rights and benefits for buildings that are designated historic. D. Provide incentives, in the form of development bonuses, that encourage shared parking facilities, limited curb cuts, and proper floodplain management. E. Preserve the Perkiomen Creek corridor through a riparian setback. (Ord. 500, 4/7/2004, §16.1; as readopted by Ord. 505, 10/6/2004) §14-1602. Use Regulations. On any lot in the V-2 District, the following use, and no other, is permitted: A. Single-family detached dwelling. (Ord. 500, 4/7/2004, §16.2; as readopted by Ord. 505, 10/6/2004) §14-1603. Conditional Uses. On any lot in the V-2 District, any of the following uses, and no other, may be permitted by Borough Council as a conditional use, according to the requirements of §14-817 of this Part and §14-1607 of this Article: A. Office for the professional practice of medicine, law, engineering, accounting, architecture, real estate, insurance, financial consultation, and similar activities. B. Studios for art, dance, music, or photography. C. Antique, consignment, or second-hand thrift shop. D. Repair shop for professional, scientific, musical, or electronic instruments and the limited sale of these instruments provided that any sales are a secondary feature of the shop and are limited only to the items being repaired. E. The following uses, provided that they are on a lot of at least 34,000 square feet: (1) Bed and breakfast home. (2) Restaurant, café, or similar establishment serving food or beverage. (Ord. 500, 4/7/2004, §16.3; as readopted by Ord. 505, 10/6/2004) §14-1604. Prohibited Uses. 1. Drive-in uses. §14-1604 Borough of Collegeville §14-1606 388 C-IV-C Page revised as of 3/7/2007 2. Drive-through window. 3. Fast food restaurants. (Ord. 500, 4/7/2004, §16.4; as readopted by Ord. 505, 10/6/2004) §14-1605. Designated Historical Buildings. In the V-2 District, any building that has been designated historic by either the Borough, State, or Federal government, is permitted use bonuses as an incentive to preserve the structure. If the property owner restores and/or preserves the front and side facades and roof line, any of the conditional uses listed in §14-1603 and the uses listed below are permitted by right.
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