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Property profile & analytics
OFF-MARKET
Specialty properties

117 Scholl Ln N BELL VERNON, PA 15012

3,725 SF 3.09 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3,725 sq ft commercial property in North Bell Vernon, PA, presents a unique investment opportunity. Located on a 3.09-acre lot with approximately 350 feet of frontage near Route 51 and a future residential development, this versatile space offers significant potential. Originally built to international ballet studio standards, the building features high windows for natural light, specialized flooring ideal for dance or fitness, and a fully equipped Italian restaurant. The property boasts ample parking, including a multi-car garage, perfect for storage or event needs. Currently operating as a restaurant and previously used as a dance and yoga studio, this B-2 zoned property is adaptable to various uses, including fitness centers, event venues, or similar businesses. The high NOI of $182,940 and a 30.50% cap rate make this a compelling investment. The property's proximity to a planned residential development (estimated 68 single-family homes and 86 duplex units) and nearby Castle Ridge (165 planned units) promises increased customer traffic. Its location near Vinoski Winery further enhances its appeal. Asking price is $599,900 ($161.05/sq ft). Note: Development plans are estimates and should be independently verified.

Property profile
Verified
Property type Specialty properties
Total area 3,725 SF
Lot 3.09 ac (134,600 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Salvatore’s Pizza & Pasta Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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