14451 Clearfield Shawville Highway
A 120-Key Hotel & Restaurant, 6.32 Acre Redevelopment Opportunity
Marketing description
CBRE, as exclusive agent for the owner, is pleased to present the opportunity to acquire a 6.32 +/- acre redevelopment site, with immediate access to Interstate 80, located at 14451 Clearfield Shawville Highway, Clearfield, PA (the “Property”).
The site is currently occupied by a former 120-key Red Roof Inn & restaurant space (no longer operational). The site is in the heart of the retail trade area with neighboring tenancy including Walmart, Lowes, Sheetz, Snappy’s, Dunkin, KFC, BP & McDonald’s, in addition to numerous industrial operations adding built-in trade area demand.
The Property represents a prime redevelopment opportunity, with immediate access to a full interchange of Interstate 80. Interstate 80 is the main east-west thoroughfare across the northern portion of Pennsylvania, providing direct accessibility to New York City and major metros to the west. Traffic counts at the interchange exceed 14,000 VPD.
The Property offers investors multiple redevelopment scenarios including single or multi-tenant retail, medical office, light industrial, IOS or distribution, or the renovation and continued operation as a limited and/or restaurant.
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