103 Bair BlvdNew Stanton, PA 15672

  • Other commercial real estate
  • 7,461 SF
For Sale
$2,775,000 View listing

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
103 Bair Blvd, New Stanton, Pennsylvania

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$40,346
$56,630
$284,590
$341,220
-
$56,630
$284,590
$341,220

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