281 Waterworks Rd Somerset, PA 15501-1065
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.
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Subway Take-out & Catering
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.