697 Vanderbilt Rd Connellsville, PA 15425-6217
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.
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.