This Hospitality Property is no longer advertised on LoopNet.com.

148 Sheraton Dr
New Cumberland, PA 17070
Clarion Hotel and Conference Center · Hospitality Property For Sale · 129,782 SF

Investment Highlights

  • Location would be ideal for a variety of uses including, but not limited to, student housing, multi-family, assisted living, or a drug rehab clinic.
  • Includes over 4,000 square feet of additional office space suitable for a call center or corporate offices
  • Currently operates as a hotel but would be an ideal redevelopment project for an alternate use.
  • Over 7 acres of land with possibilities of two pad sites for a long term Ground Rent as additional income source
  • Over 24,000 square feet of conference and banquet space and a number of executive suites.

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 8.37 AC
Construction Status Converted
Building Size 129,782 SF
No. Stories 2
Year Built/Renovated 1971/2018
Parking Ratio 3.08/1,000 SF
Corridor Interior
Zoning CH - Highway Commercial zone, intended for vehicular-oriented uses and sales along highway frontages. It also allows for compatible retail and service uses

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • High Speed Internet Access
  • On-Site Bar
  • Public Access Wifi

Property Taxes

Property Taxes

Parcel Number
27-000-SF-0002.C0-00000
Land Assessment
$1,151,390
Improvements Assessment
$1,715,110
Total Assessment
$2,866,500
  • Listing ID: 20276175

  • Date on Market: 7/14/2020

  • Last Updated:

  • Address: 148 Sheraton Dr, New Cumberland, PA 17070

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