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    697 Vanderbilt Rd Connellsville, PA 15425

    Sponsored
    For Sale
    $274,900

    7000 sq ft, 2.22 acres, high visibility

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This expansive commercial property, located at 697 Vanderbilt Road in Connellsville, PA, presents a remarkable investment opportunity. The nearly 7,000 square foot, two-story building sits on a generous 2.22-acre lot, offering ample parking and a large pavilion. Previously used as a hotel and more recently a personal care home with a 41-bed capacity, the possibilities for this versatile space are extensive. The lower level is fully finished and includes a substantial commercial kitchen, ideal for a variety of food service or hospitality businesses. The upper level features numerous rooms, each with its own private bathroom, along with several common areas, offices, and abundant storage. Handicapped-accessible restrooms are also available. The building's solid structure ensures a strong foundation for future development. Its highly visible location boasts excellent traffic counts, making it an attractive option for businesses seeking high exposure. The property's size and features make it suitable for a wide range of commercial uses, from healthcare facilities to hospitality ventures, or even adaptive reuse projects. This is a rare opportunity to acquire a substantial commercial property with significant potential in a desirable location. The asking price is $274,900.

    Property Features for 697 Vanderbilt Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    96,703 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Connellsville
    County
    Fayette
    State
    Pennsylvania
    Longitude
    -79.61359
    Latitude
    40.02142

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    FAQs

    What type of property is this?
    Commercial real estate - 7000 sq ft, 2.22 acres, high visibility
    Where is this commercial real estate located?
    The property is located at 697 Vanderbilt Rd Connellsville, PA.
    What is the asking price?
    The asking price for this property is $274,900.
    (724) 941-1427
    Request Owner's contact information
    697 Vanderbilt Rd Connellsville, PA 15425
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    Connellsville, PA 15425
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    697 Vanderbilt Rd Connellsville, PA 15425
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