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Hotel Loyal 615 Ligonier St
5,500 SF 100% Leased Retail Building Latrobe, PA 15650 $800,000 ($145/SF)
Investment Highlights
- Liquor Lisense Included
- Surface Lot and Street Parking
- Equipment Included
Executive Summary
Property Facts
About 615 Ligonier St , Latrobe, PA 15650
The Hotel Loyal, a downtown Latrobe landmark for over 70 years, is ready to enter a new era as the family-owned business and property has been placed on the Real Estate Market by Scalise Real Estate’s Kevin Shivetts. Long regarded as “the place to go” in Latrobe for its signature pizza and sandwiches, the nostalgic charm of this unique property located in the First Ward has won over the hearts and souls of countless generations of “Loyal” customers. Repeat customers became friends and part of the “Loyal Family” where, just like “Cheers,” everybody knows your name. The Hotel Loyal was never just a place to grab a piece of pizza and a beer. It was a destination and now it can become your destination to begin a whole new chapter of history. Located at 615 Ligonier Street near the Conrail Train Station, the exterior of the building has its own distinctive architecture style while the interior claims a quaint charm highlighted by remarkable dark wood paneling throughout the restaurant and bar area. A one-of-its kind family operation since 1953, Janice and John Migyanka have painstakingly maintained a high level of quality food preparation unmatched only by the personal service they have showered on their clientele, whether long-time customers or first-time visitors. Pizza, either thick or thin, has always been its trademark offering, mainly because of the family’s special dough and sauce recipes. Down through the years, the business has continued to thrive as it has adapted to the changing times, adjusted its hours of operation, provided weekend entertainment, and expanded its menu to include wraps and wings, not to mention its popular take-out service. For someone looking to invest in a proven restaurant location or maybe establish their own dream business, the Hotel Loyal could be your destination.
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $30,530 | |
Land Assessment | $9,650 | Total Assessment | $40,180 |
PROPERTY TAXES
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Hotel Loyal | 615 Ligonier St
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