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1883-1891 E State St
Hermitage, PA 16148
Retail Property For Sale
Executive Summary
Turnkey, Fully Leased Investment Opportunity On Hermitages Premier Commercial Corridor Now Available: 1883 E. State Street, A Rare Chance To Acquire A Stabilized, Income-producing Asset On One Of Hermitages Busiest Corridors. This Multi-tenant Property Is 100% Occupied, Providing Immediate Cash Flow. Positioned Among National Retailers, Restaurants, And Service Providers, The Property Benefits From Strong Visibility, Daily Traffic, And Easy Access For Customers And Tenants. Ample Parking And Prominent Signage Enhance Tenant Retention And Marketability. Minutes From Route 18 And I-80, The Site Draws From Hermitage, Sharon, Farrell, And The Shenango Valley, Making It Ideal For Investors Seeking A Low-vacancy, High-exposure Property With Built-in Income And Appreciation. Stabilized. Cash Flowing. Prime Location. Add This Hermitage Asset To Your Portfolio Today.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,300 SF
Building Class
B
Year Built/Renovated
1976/1993
Price
$390,000
Price Per SF
$53.42
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.70
Lot Size
0.24 AC
Zoning
Commercial
Parking
6 Spaces (0.82 Spaces per 1,000 SF Leased)
Frontage
72’ on State St
Property Taxes
| Parcel Number | 11-321-492 | Improvements Assessment | $49,200 |
| Land Assessment | $21,750 | Total Assessment | $70,950 |
Property Taxes
Parcel Number
11-321-492
Land Assessment
$21,750
Improvements Assessment
$49,200
Total Assessment
$70,950
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