697 Vanderbilt Rd - Assisted Livings FOR SALE


Connellsville, PA 15425
$274,900 USD
724-941-1427
697 Vanderbilt Rd, Connellsville, PA for Sale
$274,900 USD
Assisted Livings - FOR SALE
1/13
null | Request Cap Rate

697 Vanderbilt Rd
Connellsville, PA 15425


HIGHLIGHTS

  • 697 Vanderbilt is ideal because of its large acreage and outdoor space.

OVERVIEW

THE POSSIBILITIES ARE ENDLESS with this two-story commercial building totaling almost 7000 sq ft of usable space. This former hotel and most recently a personal care home boasts a 41-bed occupancy. Situated on over 2 acres the property includes a large parking lot and oversized pavilion. Highly visible location with an excellent traffic count, this property is located just outside the City of Connellsville. The lower level of the property is fully finished with a large commercial kitchen. All rooms on the upper level of the building feature private bathrooms. In addition, the building features offices, several common areas, handicapped accessible restrooms and plenty of storage space. This building is structurally solid and is just waiting to be brought back to life. PROPERTY IS BEING SOLD AS-IS AS PART OF A BANKRUPTCY. WATER LEAK IN UPSTAIRS BATHROOM CAUSED DAMANGE IN THE LOWER TWO FLOORS SO SOME CLEANUP WILL BE REQUIRED. CLOSING DATE ON CONTRACT SHOULD BE 2 MONTHS FROM OFFER AS ALL OFFERS MUST BE APPROVED BY THE COURT. SELLER IS ATTORNEY ROBERT SLONE - TRUSTEE FOR THE BANKRUPTCY.

FOR SALE DETAILS

PRICE

$274,900 USD

PRICE/SF

$40 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

ADD'L SUBTYPES

Continuing Care Retirement Com, Skilled Nursing Facility

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

B-1

APN/PARCEL ID

09-11-0302

ASK ABOUT THIS PROPERTY

Stefani LucasRealty One Group Gold StandardMore Info
724-941-1427

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Stefani LucasRealty One Group Gold StandardMore Info
724-941-1427

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