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Georgia City Lights 3036 E State St 7,560 SF Retail Building Hermitage, PA 16148 $610,000 ($80.69/SF)



Investment Highlights
- Central Location!
- High Traffic Count!
Executive Summary
Redevelopment opportunity in the heart of Hermitage! Current building will need to be razed or completely rehabbed. The existing building is made of concrete and steel I beams, so no support poles. Open 3,200 sq ft on the main floor, and a drive in basement with another open 3,200 sq ft that can be used for storage or warehousing. There is also a 1,160 sq ft apartment on the 2nd floor w/balcony. Within 2 blocks you will find your neighbors: Planet Fitness, Aldi, Advance Auto, Auto Zone, Orielly Auto, Sherwin Williams, Flynns Auto, Walgreens, Lowes and the Shenango Valley Mall redevelopment area. Target will be opening a new store 3 blocks away! LOCATION! LOCATION! LOCATION! Ample parking and easy in and out. 12,000 cars per day!
Taxes & Operating Expenses (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$6,994
|
$0.93
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$6,994
|
$0.93
|
Taxes & Operating Expenses (Actual - 2025)
| Taxes | |
|---|---|
| Annual | $6,994 |
| Annual Per SF | $0.93 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $6,994 |
| Annual Per SF | $0.93 |
Property Facts
Sale Type
Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
7,560 SF
Building Class
C
Year Built
1946
Price
$610,000
Price Per SF
$80.69
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.31
Lot Size
0.56 AC
Zoning
CC-1 - Commercial
Parking
30 Spaces (3.97 Spaces per 1,000 SF Leased)
Frontage
177’ on State St
Amenities
- Corner Lot
- Balcony
Nearby Major Retailers
Property Taxes
| Parcel Number | 12-158-005 | Total Assessment | $68,400 |
| Land Assessment | $36,300 | Annual Taxes | $6,994 ($0.93/SF) |
| Improvements Assessment | $32,100 | Tax Year | 2025 |
Property Taxes
Parcel Number
12-158-005
Land Assessment
$36,300
Improvements Assessment
$32,100
Total Assessment
$68,400
Annual Taxes
$6,994 ($0.93/SF)
Tax Year
2025
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Georgia City Lights | 3036 E State St
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