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Property profile & analytics

281 Waterworks Rd Somerset, PA 15501-1065

  • Turn key restaurants
  • 0.80 lot acres
OFF-MARKET
Value Estimation
Location Intelligence
Property ID
US73-4264726
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.

Current Use by Public Records

  • Subway / Takeout Restaurant / Restaurant

Property Details for 281 Waterworks Rd

Year built
1990
Lot size
0.80 lot acres
Property type
Turn key restaurants
APN
S41-021-008-000
APU
S41021008000

Description

This exceptional commercial property, located at 281 Water Works Road in Somerset, Pennsylvania, presents a unique investment opportunity. Boasting a prime location directly off the Pennsylvania Turnpike exit, this 1-acre site enjoys unparalleled visibility and accessibility. The property features a 1250-square-foot building currently configured as a Subway restaurant, but readily adaptable to a variety of alternative uses. The substantial blacktop area provides ample parking, currently utilized and generating income from tractor-trailer parking rentals. This characteristic offers a significant potential revenue stream beyond the primary building use. The property's strategic location at the traffic light on the turnpike access road ensures high traffic volume and exposure to a large customer base. The existing building's structure is sound, providing a solid foundation for a new business venture or continued operation as a restaurant. This versatile property is ideal for entrepreneurs seeking a high-traffic location with existing infrastructure and income-generating potential. The combination of excellent visibility, ample parking, and adaptable building space makes this a truly exceptional commercial property. The asking price is $585,000. Serious inquiries are encouraged.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Somerset
County
Somerset
State
Pennsylvania
Longitude
-79.081
Latitude
40.0184
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
$6,706
$0.00
$0.00
$84,280
-
$105,070
$63,470
$168,540
More about this property
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