5101 National PikeMarkleysburg, PA 15459

Property Details for 5101 National Pike

Lot size

5.00 AC

Property type

Turn key restaurants

APN

16-12-0028

APU

16120028

Description

This exceptional mixed-use property in Markleysburg, Pennsylvania, presents a unique investment opportunity. Located at 5101 National Pike, this 5-acre parcel includes a fully operational bar and restaurant with a Type R liquor license already in place. Upstairs, you'll find a completely renovated two-bedroom, one-bathroom apartment boasting a fireplace, high ceilings, and an eat-in kitchen. An additional unfinished apartment space offers significant potential for expansion or rental income. The property's prime location, just six miles from Nemacolin Resort and five miles from Yough Dam, places it within easy reach of the scenic Laurel Highlands and State Game Lands #265, attracting both tourists and local residents. The existing restaurant and bar are ready for immediate operation, while the upper-level apartments provide versatile options for rental income, short-term stays, or owner occupancy. The property is being sold as-is, offering a chance to capitalize on its existing features and potential for future development. This is a rare chance to acquire a turnkey business with significant residential upside in a desirable location. The asking price is $299,000.

• CAP approach

  CAP return

  Valuation

  6%

  $76,202,792

  6.5%

  $70,341,040

  7%

  $65,316,676

• Comparable approach

  Method

  Valuation

  Relative Method

  $109,738,272

  Geo Method

  $109,738,272

• Alternative Use

  Use

  Valuation

  Residential

  $59,335,296

  Hospitality

  $54,350,812

  Educational

  $45,219,236

  Medical

  $46,774,396

  Retail

  $70,341,040

Location Insight

City

Markleysburg

County

Fayette

State

Pennsylvania

Latitude

39.7643

Longitude

-79.4572

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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