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Property profile & analytics
OFF-MARKET
Assisted living facilities

697 Vanderbilt Rd Connellsville, PA 15425-6217

2.22 ac lot
Individually Owned 11-yr Hold Free & Clear
Property ID
US73-3344466
Property summary
AI-generated overview

This expansive commercial property, located at 697 Vanderbilt Road in Connellsville, PA, presents a remarkable investment opportunity. The nearly 7,000 square foot, two-story building sits on a generous 2.22-acre lot, offering ample parking and a large pavilion. Previously used as a hotel and more recently a personal care home with a 41-bed capacity, the possibilities for this versatile space are extensive. The lower level is fully finished and includes a substantial commercial kitchen, ideal for a variety of food service or hospitality businesses. The upper level features numerous rooms, each with its own private bathroom, along with several common areas, offices, and abundant storage. Handicapped-accessible restrooms are also available. The building's solid structure ensures a strong foundation for future development. Its highly visible location boasts excellent traffic counts, making it an attractive option for businesses seeking high exposure. The property's size and features make it suitable for a wide range of commercial uses, from healthcare facilities to hospitality ventures, or even adaptive reuse projects. This is a rare opportunity to acquire a substantial commercial property with significant potential in a desirable location. The asking price is $274,900.

Property profile
Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Lot 2.22 ac (96,747 SF)
APN 09-11-0302
UPID US73-3344466
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Ullah Zaka · 11 yrs held
Ullah Zaka
since 2014
1 recorded transaction
2014
$300,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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