Property profile

8557 Mason Dixon Hwy Meyersdale, PA 15552

OFF-MARKET
Turn key restaurants
Property ID
US73-4418560
1.37 ac lot Built 1992
Individually Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional restaurant property at 8557 Mason Dixon Highway in Meyersdale, PA, presents a unique investment opportunity. Boasting over 4200 square feet of space, this charming establishment has built a strong reputation within the community and enjoys consistent high foot traffic. The property sits on a 1.3-acre lot, providing ample parking for over 50 vehicles. Inside, the restaurant features a welcoming and spacious open dining area with a capacity of 125 patrons, perfect for both casual dining and special events. A key highlight is the fully equipped commercial kitchen, ready for immediate operation, eliminating the need for extensive renovations or equipment purchases. The restaurant's character is enhanced by an exposed brick fireplace, creating a warm and inviting atmosphere. The property is handicap accessible, catering to a wider range of customers. Located in a high-traffic area with over 6500 vehicles passing daily, this restaurant benefits from excellent visibility and accessibility. Its proven profitability and loyal customer base make this a truly exceptional opportunity for a discerning buyer seeking a turnkey operation in a thriving community. The asking price is $375,000.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1992
Lot 1.37 ac (59,764 SF)
APN S14-009-018-000
UPID US73-4418560

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Take-out & Catering Catering Service

Location

8557 Mason Dixon Hwy Meyersdale, PA 15552-7100
Meyersdale metro Census 21700 SOMERSET, PA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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