1892 Mcclellandtown RdMasontown, PA 15461

Property Details for 1892 Mcclellandtown Rd

Lot size

3.72 AC

Property type

Retail properties

Property subtype

Turn key restaurants

APN

15-35-0001-06

APU

1535000106

Description

This exceptional property, located at 1892 McClellandtown Road in Masontown, Pennsylvania, presents a unique investment opportunity. Originally constructed in 1780, the Lardin House Inn-Restaurant & Tavern boasts a rich history, having played a role in the Whiskey Rebellion and served as a stop on the Underground Railroad. The substantial building offers over 7,000 square feet of space, perfectly suited for a variety of uses. A fully operational restaurant is complemented by three distinct dining rooms, creating a versatile setting for events and gatherings. The residential component includes five bedrooms and three and a half bathrooms, providing ample living space. The property sits on approximately 3.73 acres of land, offering extensive parking and potential for expansion. Its historical significance, combined with its substantial size and versatile layout, makes this property ideal for a variety of ventures, including a wedding venue, boutique distillery, bee farm, or simply a private residence. The ample space and existing infrastructure provide a solid foundation for a thriving business or a comfortable family home. This is a rare chance to acquire a piece of American history and establish a successful enterprise or create a unique private estate. The property is priced at $555,000.

• CAP approach

  CAP return

  Valuation

  6%

  $56,694,804

  6.5%

  $52,333,668

  7%

  $48,595,548

• Comparable approach

  Method

  Valuation

  Relative Method

  $81,645,168

  Geo Method

  $81,645,168

• Alternative Use

  Use

  Valuation

  Residential

  $44,145,404

  Hospitality

  $40,436,956

  Educational

  $33,643,072

  Medical

  $34,800,108

  Retail

  $52,333,668

Location Insight

City

Masontown

County

Fayette

State

Pennsylvania

Latitude

39.8658

Longitude

-79.8954

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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