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- LoopNet Team
1800 W State St
New Castle, PA 16101
Property For Lease
HIGHLIGHTS
- Fully Rented Income Producing Investment Property
PROPERTY FACTS
| Property Type | Retail | Year Built | 1951 |
| Property Subtype | Day Care Center | Parking Ratio | 9.5/1,000 SF |
| Gross Leasable Area | 13,154 SF |
| Property Type | Retail |
| Property Subtype | Day Care Center |
| Gross Leasable Area | 13,154 SF |
| Year Built | 1951 |
| Parking Ratio | 9.5/1,000 SF |
ABOUT THE PROPERTY
13,154 SF brick and block commercial building on 1-acre lot with frontage on 3 streets, including heavily traveled Route 224. Zoned CC -Central Commercial with flexible permitted uses. Features 2 showrooms, 12' ceilings, 2 interior 65' interior firewalls, 5 restrooms, and plumbing for 3 more. Currently leased as 4 units with potential conversion to 7. Income-producing with a 8.47% cap rate. Recent upgrades include new metal coping (May 2025), 3/4 coated brai roof (2024), 1/4 rubber, and Gaco coating planned July 2025. Renovations in 2022 and 2023 include electrical updates. Potential for 125 parking spaces. Located near Pittsburgh, Ohio border, and Pittsburgh Intl Airport. High visibility, strong income, and future development potential.
- Corner Lot
