216 W Loyalhanna St - Hospitality FOR SALE


Ligonier, PA 15658
$2,999,999 USD
207-595-0260
216 W Loyalhanna St, Ligonier, PA for Sale
$2,999,999 USD
Hospitality - FOR SALE
1/7
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216 W Loyalhanna St
Ligonier, PA 15658


HIGHLIGHTS

  • Business Center
  • Fitness Center
  • On Site Bar

OVERVIEW

Introducing a prime opportunity for hospitality and economy investors, this impressive property boasts a 41,792 square foot building with 72 units, offering substantial potential for a range of enterprises. Built in 1966 and thoughtfully renovated in 2019, the property is equipped to meet contemporary standards and demands. Zoned C1, it presents a flexible and advantageous framework for business endeavors. With a 28-30% occupancy rate, there is abundant potential to increase capacity and capitalize on this thriving market. The property's strategic location in the Ligonier area further enhances its appeal, positioning it as a highly desirable investment prospect in the bustling commercial landscape. The property also has a 120 person Banquet Space, 35 person conference meeting room, full Restaurant/Bar and working commercial Kitchen with all equipment in working condition and all wares(glasses/plates/utensils) etc.

FOR SALE DETAILS

PRICE

$2,999,999 USD

PRICE/SF

$72 USD /SF

# OF ROOMS

72

PRICE/ROOM

$41,667 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ramada by Wyndham Ligonier

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1966

PARKING SPACES

58

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

C1

APN/PARCEL ID

16-01-15-0-086

ASK ABOUT THIS PROPERTY

Jeff ClarkeXp CommercialMore Info
207-595-0260

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Jeff ClarkeXp CommercialMore Info
207-595-0260

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