8557 Mason Dixon HwyMeyersdale, PA 15552

Property Details for 8557 Mason Dixon Hwy

Year built

1992

Lot size

1.37 AC

Property type

Turn key restaurants

APN

S14-009-018-000

APU

S14009018000

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $20,909,934

  6.5%

  $19,301,478

  7%

  $17,922,800

• Comparable approach

  Method

  Valuation

  Relative Method

  $30,112,020

  Geo Method

  $30,112,020

• Alternative Use

  Use

  Valuation

  Residential

  $16,281,518

  Hospitality

  $14,913,783

  Educational

  $12,408,092

  Medical

  $12,834,826

  Retail

  $19,301,478

Location Insight

City

Meyersdale

County

Somerset

State

Pennsylvania

Latitude

39.7685

Longitude

-79.0514

CBSA code

43740

CBSA name

SOMERSET, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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