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1239 Glades Pike Somerset, PA 15501
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1239 Glades Pike Somerset, PA 15501


  • Investment properties
  • 0.81 lot acres
Mountain Restaurant & Banquet Hall For Sale
$600,000

Mountain Restaurant & Banquet Hall

Rustic Charm, Huge Potential, PA

1239 Glades Pike, Somerset, PA 15501
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Property ID
US73-4110562
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Sullivans Bar and Restaurant / Bar & Pub / Restaurant

Property Details for 1239 Glades Pike

Year built
1950
Lot size
0.81 lot acres
Property type
Investment properties
Property subtype
Live-work space
APN
S20-017-090-000
APU
S20017090000

Description

Nestled in the Laurel Mountains of Somerset, Pennsylvania, this unique property presents a compelling investment opportunity. Priced at $600,000, this established business boasts a substantial footprint on a 0.81-acre lot, ideally situated between two state parks and three local ski resorts, ensuring high visibility and convenient access for tourists and locals alike. The main building houses a restaurant requiring some renovation and modernization, offering a blank canvas for a creative entrepreneur to revitalize and enhance its appeal. A significant asset is the expansive banquet hall, easily accommodating over 120 guests, perfect for weddings, corporate events, or large gatherings. Adding to the property's versatility is a charming creek-side outdoor bar with seating for 40 patrons, creating a unique and inviting atmosphere. Two pole buildings provide ample storage space for equipment, supplies, or inventory. Furthermore, a cost-effective outdoor wood boiler is included, significantly reducing utility expenses. This property offers a rare blend of established infrastructure and untapped potential, making it an exceptional opportunity for a savvy investor seeking a profitable venture in a picturesque mountain setting. The property's location, coupled with its diverse amenities, positions it for significant growth and return on investment.


Value Estimations

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Location Insight

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  • Local Demand
City
Somerset
County
Somerset
State
Pennsylvania
Longitude
-79.2195
Latitude
40.0535
CBSA code
43740
CBSA name
SOMERSET, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$7,083
$0.00
$0.00
$106,690
-
$10,690
$202,680
$213,370
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More about this property
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