103 Bair BlvdNew Stanton, PA 15672
- Other commercial real estate
- 7,461 SF
Property Details for 103 Bair Blvd
- Year built
- 1959
- Construction
- FRAME
- Lot size
- 1.30 AC
- Property size (Sq ft)
- 7,461 SF
- Property type
- Other commercial real estate
- APN
- 64-04-00-0-099
- APU
- 6404000099
Description
This exceptional 60-key hotel presents a compelling investment opportunity in New Stanton, Pennsylvania. Located at 103 Bair Blvd, this established property sits on a 1.38-acre lot and offers 7,461 square feet of space. Originally constructed in 1959 and renovated in 2010, the hotel successfully blends historic charm with modern amenities. The asking price is $2,775,000, translating to an attractive price per key of $46,250 and a price per square foot of $371.93. Situated in Westmoreland County, the hotel benefits from a strong local economy and a growing population, promising a healthy return on investment. Its strategic location makes it appealing to both business and leisure travelers, ensuring consistent occupancy. This well-maintained property is ready for a new owner to capitalize on its established success and significant potential for future growth within a thriving market. The property's zip code is 15672. This is a rare chance to acquire a profitable hotel in a desirable location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $2,032,602
- Hospitality
- $1,861,852
- Educational
- $1,549,039
- Medical
- $1,602,313
- Retail
- $2,409,616
Location Insight
- City
- New Stanton
- County
- Westmoreland
- State
- Pennsylvania
- Latitude
- 40.2193
- Longitude
- -79.6116
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
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