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2700 Wilson Rd Hermitage, PA 16148

60-Key Hotel, Prime Location, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
135
This fee-simple, 60-key Red Roof Inn & Suites in Hermitage, PA, presents a compelling investment opportunity. The two-story, 31,460 square foot hotel, built in 1989, sits on a 9.56-acre lot zoned for commercial use, offering significant redevelopment potential. Its strategic location along Route 18, less than a mile from Interstates 80 and 376, provides convenient access for travelers. The hotel benefits from proximity to a new FedEx distribution center, numerous healthcare facilities (Sharon Regional Medical Center, The Primary Health Network, and UPMC Horizon – Shenango Valley), and recreational attractions including wineries, breweries, Senango River Lake, and highly-rated golf courses. Demand is driven by both leisure and business travelers, further enhanced by its location midway between New York City and Chicago, and convenient access to four major airports (Cleveland Hopkins International, Akron-Canton, Pittsburgh International, and Erie International). The property is unencumbered by management or debt, and seller financing is available. The lack of new hotel supply in the submarket and the potential for increased cash flow and RevPAR through improved management contribute to its strong investment prospects. The current out-of-state ownership presents an opportunity for a hands-on owner/operator to maximize operational efficiency and revenue.

Highlights

  • Fee simple ownership, no debt or management encumbrances.
  • Seller financing options available.
  • No competing new construction anticipated in the submarket.
  • Commercially zoned, 9+ acre lot with redevelopment potential.
  • Conveniently located midway between Chicago and New York City.
  • Excellent Interstate 80 access, near local demand drivers and major interstates.

Property Details for 2700 Wilson Rd

Property type
Hospitality properties, Hotels
Square Feet
31,460 SF
Year Built
1989
Buildings
1
Stories
2
Lot Size (sq. ft)
416,434 SF

Location Insight

City
Hermitage
County
Mercer
State
Pennsylvania
Latitude
41.1892404
Longitude
-80.4568529

FAQs

What type of property is this?
Hospitality property - 60-Key Hotel, Prime Location, High Potential
Where is the hospitality property located?
The property is located at 2700 Wilson Rd Hermitage, PA.
What are key features of this property?
This property features: Fee simple ownership, no debt or management encumbrances.; Seller financing options available.; No competing new construction anticipated in the submarket.
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2700 Wilson Rd
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