Listed by Berkshire Hathaway HomeServices The Preferred Realty Pittsburgh
$394,000
316 W Crawford Ave
Details
Property Type Retail, Hospitality
Sub Type Storefront, Hotel
Square Footage 950
Units 7
Cap Rate 18.80%
NOI $74,282
Lease Type Gross
Broker Co-Op Yes
Year Built 1930
Buildings 1
Stories 3
Acreage 0.150
Zoning C1
Parking Spaces 1 spaces
Parking per 1,000 SqFt 1.05
Investment Type Owner/User
Retail | 18.80% CAP | 950 SqFt
Marketing description
Spectacular building and business, Connellsville Bed And Breakfast just seconds to the Great Allegheny Passage Bike Trail. Thriving business at the popular Connellsville rest stop halfway between Pittsburgh and Cumberland. Great rental history year round with 5 current sleeping quarters plus 3rd floor owner occupied penthouse that could be 6th sleeping quarters. Further business partnerships exist with the 950 sq ft commercial retail space at street level. High season May 1-Oct 31 w/full staff. Detached garage used for bike storage/ maintenance seasonally. New garage roof 2022, main roof 2015, major renovations completed in2008 with consistent updating and upgrading annually. 2-200 AMP elec panels, 3 updated forced air furnaces and 1 hot water boiler. 1st floor has large foyer, communal living and dining rooms, full kitchen and powder room, BB sleeping quarters on 2nd flr with Irish, Italian, German and Slovak rooms, French room accessed at street level in front all with themed decor.
Investment highlights
- https://tour.thepreferredrealty.com/316-W-Crawford-Ave-PA-15425--1643578
- Type: Hotel/Motel
- Year Built: 1930
- Lot Size Area: 0.15 acres
- Parking Spots: 1
- County/Parish: Fayette
- Additional Property Type: Hotel/Motel
Listing Contacts
Listed by Berkshire Hathaway HomeServices The Preferred Realty Pittsburgh
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$74,282.00
$6,190.17/mo
Valuation Metrics
0
DSCR
18.85%
Cap Rate
18.85%
ROI
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