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305 N Jefferson St
New Castle, PA 16101
Retail Property For Sale
Investment Highlights
- Located in the heart of New Castle on N. Jefferson Street, a main thoroughfare
- Parking lot (40± spaces) accessible by entrances on N. Jefferson Street and W. Grant Street
- 11,924 vehicles per day on N. Jefferson Street
Executive Summary
Positioned prominently on N. Jefferson Street, a major commercial corridor in the heart of New Castle, Pennsylvania, this freestanding former Pizza Hut offers a prime opportunity for owner-users or investors seeking a high-visibility retail asset. The property spans approximately 3,499 square feet on a 0.46-acre parcel and benefits from dual access points via N. Jefferson Street and W. Grant Street, enhancing customer flow and operational flexibility.
The site features a dedicated parking lot with approximately 40 spaces, supporting a wide range of retail or restaurant uses. With an average daily traffic count of 11,924 vehicles, the location ensures consistent exposure to both local residents and daytime visitors. The surrounding area is densely populated with national retailers including Dunkin’, Dollar Tree, Burger King, Domino’s, and Family Dollar, reinforcing the site’s viability for continued retail or food service operations.
The site features a dedicated parking lot with approximately 40 spaces, supporting a wide range of retail or restaurant uses. With an average daily traffic count of 11,924 vehicles, the location ensures consistent exposure to both local residents and daytime visitors. The surrounding area is densely populated with national retailers including Dunkin’, Dollar Tree, Burger King, Domino’s, and Family Dollar, reinforcing the site’s viability for continued retail or food service operations.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,499 SF
Building Class
C
Year Built
1977
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
0.46 AC
Opportunity Zone
Yes
Zoning
C2
Parking
40 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | 01-046200 | Improvements Assessment | $134,800 |
| Land Assessment | $70,600 | Total Assessment | $205,400 |
Property Taxes
Parcel Number
01-046200
Land Assessment
$70,600
Improvements Assessment
$134,800
Total Assessment
$205,400
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