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$325,000

  • Sold
  • Closed
  • Commercial Residential Facility
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Don't miss this opportunity to own a multi-tiered business on bustling Route 981, near popular tourist destinations. This 2.78-acre property includes a restaurant, tavern, hotel, and a second parcel with a duplex mobile home for rental income. The active liquor license features Sunday Sales & outdoor alcohol service approval. It boasts 12 hotel rooms (4 rented monthly for steady income), a fully equipped kitchen, gaming areas, laundromat, and storage. Updates include a new roof, carpeting, bar stools & public sewer line. A digital sign ensures maximum visibility, with ample parking and expansion potential. The two-acre lot offers space for outdoor entertainment, food trucks, and more. This prime location provides endless possibilities for growth and a unique chance to bring your entrepreneurial vision to life!

Full Property Details for 2029 Route 981

General

  • Sold For: $325,000
  • Taxes: $4,092
  • Status: Closed
  • Type: Commercial Residential Facility
  • Source: West_Penn_MLS
  • MLS ID: 1684836

Property History

  • 2029 Route 981, Derry Township, PA
  • Sold $325,000 on 1/9/26
  • Price Reduced $350,000 on 2/20/25
  • Listed $399,900 on 1/11/25

Business

  • Name: Rita's Oasis Hotel, LLC
  • Business Type: Bar/Tavern/Lounge, Restaurant

Location

  • County: Westmoreland
  • Driving Directions: GPS is accurate

Lot Features

  • Lot Size (Acres): 2.78
  • Lot Dimensions: 2.78
  • Frontage: State Road
  • Zoning: RES-N

Financial Considerations

  • Assessment Amount: $34,160
  • Tax Amount: $4,092

Listed and Sold courtesy of Berkshire Hathaway The Preferred Realty

Listing agent

— 2029 Route 981 —

  • Berkshire Hathaway The Preferred Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2029 Route 981

School District:Derry Area School District
NameGradesDistance
Grandview El School, Derry, PA
188 Recreation Rd, Derry, PA 15627
K-56.2 mi
Derry Area Middle School
994 North Chestnut Street, Derry, PA 15627
6-86.4 mi
Derry Area Senior High School
988 North Chestnut Street, Derry, PA 15627
9-126.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Community Info for 2029 Route 981

View Community Information

Listed and Sold courtesy of Berkshire Hathaway The Preferred Realty

Just Listed near 2029 Route 981

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2023 Sylvan Ave, Latrobe, PA 15650 - Photo 1 Just Listed
$260,000

2023 Sylvan Ave  Latrobe, PA 15650

  • Single Family
  • Active
  • Updated 6 days ago
  • 3
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Listed by Melissa Brooks (724) 454-1236
605 St. Clair St, Latrobe, PA 15650 - Photo 1 Just Listed
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605 St. Clair St  Latrobe, PA 15650

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11 Avenue B, Latrobe, PA 15650 - Photo 1 Just Listed
$60,000

11 Avenue B  Latrobe, PA 15650

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1931 Sloan Ave, Latrobe, PA 15650 - Photo 1 Just Listed
$125,000

1931 Sloan Ave  Latrobe, PA 15650

  • Single Family
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  • Updated 14 hours ago
  • 2
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Listing courtesy of Berkshire Hathaway The Preferred Realty

Price Reduced near 2029 Route 981

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911 Ligonier St, Latrobe, PA 15650 - Photo 1 Price Reduced
-$2,000 (-9.09%)
$20,000

911 Ligonier St  #004  Latrobe, PA 15650

  • Office
  • Active
Listed by Eric LeBlanc (724) 420-3427
700 Hoke St, Latrobe, PA 15650 - Photo 1 Price Reduced
-$130,000 (-17.81%)
$599,900

700 Hoke St  Latrobe, PA 15650

  • Multi-Family
  • Active
  • Updated 6 days ago
Listing courtesy of Realty One Group Gold Standard
700 Hoke St, Latrobe, PA 15650 - Photo 1 Price Reduced
-$130,000 (-17.81%)
$599,900

700 Hoke St  Latrobe, PA 15650

  • Warehouse
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Listing courtesy of Realty One Group Gold Standard
145 Easy St, Latrobe, PA 15650 - Photo 1 Price Reduced
-$5,000 (-1.89%)
$260,000

145 Easy St  Latrobe, PA 15650

  • Single Family
  • Active
  • Updated 6 days ago
  • 3
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  • 2
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Listing courtesy of Century 21 Frontier Realty

Recent Sales near 2029 Route 981

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483 Twin Lakes Rd, Unity Township, PA 15650 - Photo 1 Sold
$370,000

483 Twin Lakes Rd  Unity Township, PA 15650

  • Single Family
  • Closed
  • 3
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  • 2
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Listing courtesy of Berkshire Hathaway The Preferred Realty
Sold courtesy of #1 Choice Real Estate
105 Redwood Cir, Unity Township, PA 15650 - Photo 1 Sold
$360,000

105 Redwood Cir  Unity Township, PA 15650

  • Single Family
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  • 3
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Listing courtesy of Integrity Plus Realty
Sold courtesy of Howard Hanna Kuzneski & Lockard R.E. - Indiana
601 S Shenandoah Dr, Unity Township, PA 15650 - Photo 1 Sold
$353,500

601 S Shenandoah Dr  Unity Township, PA 15650

  • Single Family
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  • 4
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Listing courtesy of Berkshire Hathaway The Preferred Realty
Sold courtesy of Realty One Group Gold Standard
102 Carlsbad Ct, Unity Township, PA 15650 - Photo 1 Sold
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102 Carlsbad Ct  Unity Township, PA 15650

  • Single Family
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  • Updated 8 days ago
  • 4
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Listing courtesy of Re/Max Select Realty
Sold courtesy of Berkshire Hathaway The Preferred Realty

2029 Route 981, Derry Township, PA 15670 (MLS# 1684836) is a Commercial Residential Facility property that was sold at $325,000 on January 09, 2026. Want to learn more about 2029 Route 981? Do you have questions about finding other Commercial Residential Facility real estate for sale in Derry Township? You can browse all Derry Township real estate or contact a Coldwell Banker agent to request more information.