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    Econo Lodge Near I-79
    Updated: Nov 21, 2025
    Econo Lodge Near I-79

    11237 Shaw Avenue, Meadville, PA 16335

    $2,399,500
    26,559 sqft
    Prime location just off I‑79 (Exit 147) with high traffic volume.
    63‑room hospitality property on a large 2.73‑acre lot.
    Opportunity for rebranding or redevelopment.
    Proximity to Allegheny College, Pittsburgh, Erie, Conneaut Lake, Pymatuning State Park and Erie National Wildlife Refuge.
    Established Econo Lodge brand recognition.
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    This listing looks promising.

    Here's a quick look at some key insights for

    11237 Shaw Avenue, Meadville, PA 16335

    View Property Analytics

    • Est. Cap Rate

      6.7%
      Above avg (5.9%)

    • Est. NOI

      $161K
      Annual

    • Price @ 7% Cap

      $2.3M
      Suggested

    • Last Sold

      Jun 2025
      $210K
    View Property Analytics
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Meadville, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Former Hampton Inn Hotel Opportunity
    Former Hampton Inn Hotel Opportunity

    3041 W 12th St, Erie, PA 16505

    $1,400,000
    45,414 sqft

    Former Hampton Inn hotel with substantial completed Property Improvement Plan work already performed for new ownership transition.

    View details
    Commercial Building with Parking Lots
    Commercial Building with Parking Lots

    118-122 West Market Street, Akron, OH 44311

    Contact for pricing
    36,979 sqft

    36,979 SF commercial building with two adjoining parking lots on West Market Street in Akron, OH.

    View details
    Hotel and Conference Center
    Hotel and Conference Center

    16 W 10th St, Erie, PA 16501

    Contact for pricing

    Fee-simple hotel offering 193 guestrooms, event space, and two restaurants, with 130 rooms currently operating.

    View details
    Galleria-Connected Hotel and Retail Complex
    Galleria-Connected Hotel and Retail Complex

    135 S. Broadway, Akron, OH 44325

    Contact for pricing

    Six buildings totaling 411,000 SF are connected by a galleria, with a separate conference center on-site.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Waterfront Development Land Opportunity
    Waterfront Development Land Opportunity

    3337 Lake Road W, Ashtabula, OH 44004

    $1,200,000
    8.77 AC lot

    Nearly 9 acres with developable Lake Erie frontage, including over 900 feet of shoreline and a mix of level and high-bank views.

    View details
    B2 Zoned Commercial Land Tract
    B2 Zoned Commercial Land Tract

    176 N Canfield Niles Road, Austintown, OH 44515

    $360,000
    1.17 AC lot

    Three parcels totaling about 1.17 acres with city water and sanitary sewer available, currently zoned B2.

    View details
    Highway Development Opportunity in Richfield
    Highway Development Opportunity in Richfield

    4108 Wheatley Road, Richfield, OH 44286

    $1,750,000
    6.44 AC lot

    6.44-acre commercial development site with high visibility and access.

    View details
    Commercial Land Near University Town
    Commercial Land Near University Town

    Chaplin Road lot: University Town Center Drive, Morgantown, WV 26505

    $4,995,000
    4.55 AC lot

    4.55 acre commercial site suitable for various development.

    View details

    Off-Market Properties in Meadville, PA

    Consider similar Off-Market properties in Meadville, PA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    625 Park Ave
    HOTEL

    625 Park Ave, Meadville, PA 16335-1648

    Value Estimation by Request
    View details
    Perry Hwy
    HOTEL

    Perry Hwy, Meadville, PA 16335

    Value Estimation by Request
    View details

    Meadville, PA Hotels Market Trends and Statistics

    Explore 3 hotels for sale in Meadville, PA on our real estate platform. These investment opportunities span a total of 26,559 square feet of properties for sale, with an estimated market value of $2,399,500.

    Sale prices for resorts in Meadville, PA average $2,399,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Hotels 1

    Demographics Overview

    Population 27K
    Population Growth (5Y) -1.3%
    Median Household Income $58,531
    College Educated 18.5%

    High-Yield Neighborhoods for Investment

    Identify Meadville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    16335 $2.4M

    Taxes & Financing

    Tax Rate (average for all types) 4.87%
    Tax Rate vs County Average 1.14 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Crawford County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Meadville, PA

    • 16335

    Featured Meadville Real Estate Agencies

    Realmo connects you with licensed Meadville CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    ERA Richmond Real Estate Service
    751 N. Main Street Meadville, PA 16335
    Phone: 18143376000
    www.era-richmond.com

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