Donut Connection
1044 N Center Avenue
Somerset, PA 15501
County: Somerset
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| Availability |
For Sale |
| Use Type |
Retail Building |
| Property Type |
Free Standing
Building |
| Building Size |
1,453 SF |
| Price |
$425,000 |
| Cap Rate |
N/A |
| Status |
ACTIVE |
PROPERTY HIGHLIGHTS
- Outstanding Retail Location
- Nearly 800 Hotel Rooms in 1/2 Mile Radius
- Can Be Operated as Donut Shop or Converted to Other Retail Use
- Adjacent Wendy's & Opposite Starbucks & Ruby Tuesday
- Daily Local Traffic in Excess of 18,000 Vehicles
- Include Drive Through & Interstate High Pylon
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Property Description:
Donut Connection for sale (business and/or land & building) at the Somerset exit of the PA Turnpike. The property is .492 acres at a signalized intersection on Route 601. It boasts over a 1/4 mile of direct visibility to the turnpike in addition to having an existing interstate pylon sign. The building measures 42' 9 x 34' for a total footprint of 1,453 SF. It features a drive through window and high visibility to local and interstate traffic (19,000 vehicles and 34,000 vehicles respectively).
Location Description:
In addition to the location population base the site also enjoys strong year round tourism traffic. It is centrally located 15 miles from Seven Springs Mountain Resort, 12 miles from Hidden Valley Four Seasons Resort, 18 miles from Indian Lake Resort, and 15 miles from the Flight 93 National Memorial. (Hidden Valley was recently purchase by the Buncher Co. out of Pittsburgh, PA and has begun a 30 year expansion plan estimated at over a billion dollars.) These destinations, combined with strong interstate business travel, have established Somerset as a well recognized hospitality interchange. PA Turnpike 2005 traffic data shows more than 918,000 annual vehicle exits at the Somerset interchange. For this reason there are nearly 800 hotel rooms within 1/2 mile of the site with more being proposed. Ruby Tuesday and Starbucks have both opened free standing locations in the past 24 months and are doing very well. In addition to interstate travel the local community has embraced both stores helping consecutively push Ruby Tuesday to #1 in its region.
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