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    301 Meyers Ave Meyersdale, PA 15552

    Sponsored
    For Sale
    $699,900

    Charming B&B, GAP Trail Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5-key bed and breakfast, nestled in Meyersdale, Pennsylvania's Laurel Highlands, presents a unique investment opportunity. Built in 1900 and renovated in 2014, this two-building property boasts three stories and features five guest rooms, each with an ensuite bath. A separate cottage, currently used as a private residence, offers potential for additional guest rooms. The main building showcases stunning Gilded Age design, including stained-glass windows and common rooms with distinct architectural styles. Spacious owner's quarters provide breathtaking valley and town views. Its prime location, just blocks from the popular Great Allegheny Passage trail, ensures consistent guest traffic. The property benefits from the region's thriving tourism, encompassing outdoor adventures, breweries, wineries, and historical attractions. Meyersdale's welcoming atmosphere and proximity to various recreational activities, including skiing, river rafting, and railroading history, contribute to the inn's year-round appeal. This TripAdvisor #1-ranked B&B offers a blend of historic charm and modern amenities, making it an ideal owner-user investment in a vibrant and picturesque setting. The asking price is $699,900.

    Property Features for 301 Meyers Ave

    General Information

    Property type
    Hotels

    Building Details

    Year Built/Renovated
    1900/2014
    Buildings
    2
    Stories
    3

    HighLights

    • Exceptional 5‑bedroom bed and breakfast in Meyersdale, PA's Laurel Highlands.
    • Historic 1900 building, renovated in 2014, featuring three stories, five ensuite guest rooms, and a separate cottage.
    • Stunning Gilded Age design, including stained‑glass windows. Spacious owner's quarters with valley and town views.
    • Prime location near the Great Allegheny Passage trail, benefiting from thriving tourism and outdoor recreation.
    • TripAdvisor #1‑ranked B&B, offering a blend of historic charm and modern amenities. Asking price: $699,900.
    Property Profile Location Intelligence

    Current Use by Public Records

    Levi Deal Mansion ... Bed & Breakfast

    Suggested Use

    Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Pharmacy Skin Care Clinic Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Meyersdale
    County
    Somerset
    State
    Pennsylvania
    Longitude
    -79.0223465
    Latitude
    39.814834

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    Nearby Similar for Sale

    • $250,000
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      Established Ice Cream Business For Sale

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    FAQs

    What type of property is this?
    Hotel - Charming B&B, GAP Trail Location
    Where is this hotel located?
    The property is located at 301 Meyers Ave Meyersdale, PA.
    What is the asking price?
    The asking price for this property is $699,900.
    What are key features of this property?
    This property features: Exceptional 5-bedroom bed and breakfast in Meyersdale, PA's Laurel Highlands.; Historic 1900 building, renovated in 2014, featuring three stories, five ensuite guest rooms, and a separate cottage.; Stunning Gilded Age design, including stained-glass windows. Spacious owner's quarters with valley and town views.
    Request Owner's contact information
    301 Meyers Ave Meyersdale, PA 15552
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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
    301 Meyers Ave Meyersdale, PA 15552
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