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Parcel 5 2656 Ellwood Rd 40,000 SF Retail Building New Castle, PA 16101 $399,999 ($10.00/SF)

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Investment Highlights

  • high visibility - high traffic
  • open plan
  • newly redeveloped plaza

Executive Summary

Retail Plaza Property Auction - Lawrence County, PA
Live/Online Auction Date: March 23rd @ 4:30 PM
2656 Ellwood Rd. New Castle PA 16101 - Shenango Commons Plaza (Parcel 6)
Shenango Township - Lawrence County - Shenango Area School District
Parcel # 31-3906-0119K
*Advertised price of $399,999 is the Starting Bid*
40,000 SF Prime End-Cap Space in the newly redeveloped Shenango
Commons. The plaza has been subdivided for easy individual
acquisition, making Parcel 6 a clean, standalone investment.
With occupancy in the plaza surging from 20% to 85% in just one year,
this is your chance to get in on the ground floor of a massive
regional turnaround.
Property Highlights:
Zoned C-1
Lot Size: 230'x395' (Roughly 3 Acres)
Brand-new roof installed June 2025.
112 Parking Spaces
Rear Loading Access
Durable concrete structure, 13-foot drop ceilings, and fully sprinklered system.
High Visibility and Foot Traffic

Former home to high-traffic tenants T&M Hardware and Giant Eagle.
Immediate Neighbors: Fine Wine & Good Spirits and Ascent Pickleball
(Indoor Courts).
Anchor: BC3 Community College recently opened their brand-new campus
BC3 @ Lawrence in the plaza

Property Facts

Sale Type
Owner User
Sale Conditions
Redevelopment Project
Property Type
Retail
Building Size
40,000 SF
Building Class
C
Year Built/Renovated
1964/1999
Price
$399,999
Price Per SF
$10.00
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
3.00 AC
Zoning
C-1 Highway Commercial - Highway Commercial accommodates retail, restaurants, hotels, and service stations that benefit from high visiblity & accessibility along major highway
Parking
112 Spaces (2.8 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Corner Lot
  • Pylon Sign
  • Security System
  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Storage Space
  • Monument Signage
  • Air Conditioning
  • Backup Power / Generators

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 115
  • 1,960-4,548 SF
  • Office/Retail
  • -
  • Now

This suite has been demolished to allow a white box for the next tenant who occupies it. Landlord will design and build to suit.

  • 116
  • 1,258-4,548 SF
  • Office/Retail
  • -
  • Now

This suite has been demolished to allow a white box for the next tenant who occupies it. The space abuts the new roadway tied to the community park. Landlord will design and build to suit.

Space Size Space Use Position Available
115 1,960-4,548 SF Office/Retail - Now
116 1,258-4,548 SF Office/Retail - Now

115

Size
1,960-4,548 SF
Space Use
Office/Retail
Position
-
Available
Now

116

Size
1,258-4,548 SF
Space Use
Office/Retail
Position
-
Available
Now

115

Size 1,960-4,548 SF
Space Use Office/Retail
Position -
Available Now

This suite has been demolished to allow a white box for the next tenant who occupies it. Landlord will design and build to suit.

116

Size 1,258-4,548 SF
Space Use Office/Retail
Position -
Available Now

This suite has been demolished to allow a white box for the next tenant who occupies it. The space abuts the new roadway tied to the community park. Landlord will design and build to suit.

Nearby Major Retailers

Huntington National Bank
WesBanco
  • Listing ID: 39504898

  • Date on Market: 2/20/2026

  • Last Updated:

  • Address: 2656 Ellwood Rd, New Castle, PA 16101

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