138 Marsh Rd Somerset, PA 15501
- Hospitality properties
- 63,162 SF
Current Use by Public Records
- Hospitality properties
Property Details for 138 Marsh Rd
- Year built
- 1997
- Property size
- 63,162 SF
- Property type
- Hospitality properties
- Property subtype
- Hotels
Description
This 57-key Wingate by Wyndham hotel presents a compelling investment opportunity in Somerset, Pennsylvania. Located at 138 Marsh Rd, Somerset, PA 15501, this three-story hotel offers 63,162 square feet of space, built in 1997. The property sits on 1.45 acres and boasts a parking ratio of 1.46 spaces per room, ensuring ample guest parking. With a total of 57 keys, the hotel provides substantial revenue potential. The asking price is $1,599,900, translating to $25.33 per square foot. The property is zoned C, allowing for various commercial uses. The hotel's location benefits from positive demographic trends, including projected growth in population and income levels in the Somerset County area. This well-maintained property offers a strong foundation for a successful hospitality investment. The substantial square footage, combined with the favorable location and positive market outlook, makes this a highly attractive opportunity for investors seeking a proven hotel asset in a growing market. This is a turnkey operation ready for immediate income generation.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Somerset
- County
- Somerset
- State
- Pennsylvania
- Longitude
- -79.0798
- Latitude
- 40.0183
