1001 Rowena Dr - Hospitality FOR SALE


Ebensburg, PA 15931
$999,000 USD
717-843-5555
1001 Rowena Dr, Ebensburg, PA for Sale
$999,000 USD
Hospitality - FOR SALE
1/9
null | Request Cap Rate

1001 Rowena Dr
Ebensburg, PA 15931


HIGHLIGHTS

  • 3.5 ac ready for redevelopment across from Lake Rowena
  • Off Rt 22 (23,000 VPD) and Admiral Peary Hwy (19,000 VPD)
  • Public water and sewer
  • Potential for additional acreage
  • Current 26-room hotel and restaurant onsite are also available for purchase

OVERVIEW

Take advantage of a new development opportunity in Ebensburg, PA across the street from Lake Rowena! This 3.5-acre lot is just off of Rt 22 with excellent visibility as you enter Ebensburg. The property features the Lake Inn and Restaurant (3.2 ac) along with a neighboring vacant lot (.3 ac). There is also an opportunity for additional acreage. The site is a perfect redevelopment site for a c-store, hotel, QSR, etc. The site has public water and sewer along with access from both Rowena and Manor Drives. It is just off the Rt 22 exit and Admiral Peary junction. The hotel is currently operational with 26 rooms along with a full kitchen and bar. All business FFE’s can be included in the sale This 3.5-acre lot is at 1001 Rowena Drive (8,000 VPD) and in a prime location immediately off Rt 22 (23,000 VPD), a major east/west thoroughfare through central PA to Pittsburgh, and Admiral Peary Hwy (19,000 VPD), a popular throughway in Cambria County. Ebensburg borough is the county seat of Cambria County in PA.[4] It is located 25 miles west of Altoona and 17 miles northeast of Johnstown. Cambria County has a population of 133,472 with Ebensburg having 3,382 people and a household income of $56,875.

FOR SALE DETAILS

PRICE

$999,000 USD

PRICE/SF

$81 USD /SF

# OF ROOMS

28

PRICE/ROOM

$35,679 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lakeview Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1976

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.2 AC

LAND SF

139,392 SF

ZONING

COMM

APN/PARCEL ID

025-017044

ASK ABOUT THIS PROPERTY

Kandy WeaderBennett Williams CommercialMore Info
717-843-5555

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Kandy WeaderBennett Williams CommercialMore Info
717-843-5555

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.