2049 Leesburg Grv City Rd Mercer, PA 16137-4031

Property Details for 2049 Leesburg Grv City Rd

Lot size

3.46 lot acres

Property type

Commercial real estate

APN

29 217 030 002

APU

29217030002

Description

This 43,743 sq ft, 121-key Quality Inn & Suites is located in Mercer, PA, at 2049 Leesburg Grove City Rd, 16137. Built in 2007 and renovated in 2022, this three-story hotel sits on a 3.46-acre lot and offers a limited-service model with a lobby workstation, fitness center, guest laundry, meeting room, and breakfast area. Its prime location less than a mile from the Grove City Premium Outlets, a major regional attraction drawing over six million visitors annually, ensures high occupancy. Convenient access to Interstates 79 and 80 provides easy access for travelers and truckers. The hotel also benefits from proximity to Grove City College, Slippery Rock University, GE Transportation, Wendell August Forge, and UPMC Horizon Greenville and Farrell Campuses, creating diverse demand sources. Furthermore, its location is within a two-hour drive of four major airports, including Pittsburgh International Airport (43 miles away), currently undergoing a significant expansion. The property is offered fee simple, is non-union, and is unencumbered by management agreements. This presents a significant discount to replacement cost with immediate RevPAR appreciation potential and exceptional cash-flow generation. The property's location near the Ohio-Pennsylvania border further enhances its market reach. This represents a compelling investment opportunity in a thriving location with strong potential for return.

Location Insight

City

Mercer

County

Mercer

State

Pennsylvania

Longitude

-80.1721

Latitude

41.1408

CBSA code

49660

CBSA name

YOUNGSTOWN-WARREN-BOARDMAN, OH-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments