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903 LAKE ROAD Marshall Township, PA 15015
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Key Details
Sold Price $1,800,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1457739
Sold Date 12/31/20
Originating Board WESTPENN
Annual Tax Amount $25,115
Lot Size 23.000 Acres
Acres 23.0
Lot Dimensions 1135x1100.5x1201
Property Description
Situated in the rapidly expanding Northern Suburbs this 23 acre parcel has operated as a premier day camp facility for over forty years. Professionally managed and operated the facility averaged approximately 200 day campers weekly during the eight week Summer season. Facilities include a swimming pool, tennis courts, volleyball courts, picnic pavilion, drop off area, basketball courts and numerous activity areas situate throughout the park like wooded area. Additionally the property includes 12 rental cottages, a spacious ranch and lodge area which can be leased. The 2019 income generated from Real Estate rentals, Day Camp Pool memberships and events was $679,970. The income has increased steadily over the past 5 years and the operation was stymied due to the Covid regulations this Spring. With its current accessible location in Marshall Township the property could be ideal for residential Development for residential Estate homes. All utilities are available on site with the
Location
State PA
County Allegheny-north
Area Marshall
Zoning CON R
Exterior
Present Use Recreational
Building
Structure Type Brick,Cedar
Others
Financing Seller Financing
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Bought with HOWARD HANNA REAL ESTATE SERVICES
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