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Property profile & analytics
OFF-MARKET
Commercial real estate

10652 Rte 44th Hwy Waterville, PA 17776-9504

2,160 SF 1.2 ac lot Built 1930
Individually Owned 20-yr Hold Free & Clear
Property ID
US73-3729497
Property summary
AI-generated overview

This exceptional 10,752 square foot commercial building presents a unique investment opportunity in the thriving tourist destination of Waterville, PA. Situated on a 1.2-acre lot at 10652 N ROUTE 44 Highway, this property boasts a prime location directly across from the Pine Creek Rail Trail and near a kayak launch, ensuring high visibility and accessibility. The building currently operates as a 12-room hotel on the second floor, complete with common areas, offering rooms at $95 per night. The ground floor features a fully remodeled, expansive restaurant/cafe space, including a well-equipped kitchen with walk-in coolers and a waitress station. An additional room is ideal for a deli, gift shop, or bike rental business, catering to the area's active tourism. The property benefits from public water service – a rare advantage for commercial buildings in Waterville – and has its own septic system. The potential for significant revenue generation is substantial, given the high demand for lodging and dining in this booming tourist area. A hotel liquor license is readily obtainable. Pre-approval or proof of funds is required for showings. This is a rare chance to acquire a large commercial space poised for substantial returns in a rapidly growing market. Don't miss this exceptional opportunity.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1930
Total area 2,160 SF
Lot 1.2 ac (52,272 SF)
Zoning code RES
APN 09+,001.0-0108.00-000+
UPID US73-3729497
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
H Eugene Feerrar · 20 yrs held
H Eugene Feerrar
since 2006
1 recorded transaction
2006
$185,000
Zoning & alternative use
RES · Waterville, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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