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8.81 AC, 20K SF Building for Sale or Lease 3182 Innovation Way 20,212 SF 100% Leased Office Building Hermitage, PA 16148 $1,800,000 ($89.06/SF)
Investment Highlights
- Two available parcels spanning 8.81 AC of developable land in Hermitage, PA
- Located in close proximity to Youngstown, OH and Grove City, PA markets
- Property includes a two-story 20,200 SF building with lab space, class rooms, offices, and elevator access
- Direct access to Route 18! Close proximity to Rt. 62, I-80, and I-79
Executive Summary
Colliers is pleased to present the opportunity to own or lease 3182 Innovation Way and a neighboring parcel, located in LindenPointe Business Park: a business campus situated in Hermitage, PA, featuring 14 buildings (6 office, 7 medical, 1 flex) and 115 acres. This investment opportunity includes two parcels totaling 8.81 acres of land, one of which hosts a 20,200 square-foot building. Both parcels are zoned B2 (Business 2 District Use), presenting investors with a wide variety of commercial development options.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
20,212 SF
Building Class
B
Year Built/Renovated
2004/2010
Price
$1,800,000
Price Per SF
$89.06
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
20,212 SF
Slab To Slab
10’
Building FAR
0.05
Lot Size
8.81 AC
Zoning
B2 - B2 zoning is a classification that is typically designated for areas featuring a wide range of commercial activities and services permitted.
Parking
75 Spaces (1.81 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Butler County Community College
- Educational Services
- -
- -
- -
- Lindenpointe
- Educational Services
- -
- -
- -
- West Middlesex Jr/Sr High School
- Educational Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Butler County Community College | Educational Services | - | - | - | ||
| Lindenpointe | Educational Services | - | - | - | ||
| West Middlesex Jr/Sr High School | Educational Services | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
First level of building includes three classroom spaces, reception area, boardroom, student lounge, a kitchen, and multiple offices.
Second-story space features multiple classrooms, a lounge area, men's and women's restrooms, a 2nd-story atrium overlook, and multiple egress stairways.
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 10,106 SF | Office | Full Build-Out | 30 Days |
| 2nd Floor | 10,106 SF | Office | Full Build-Out | 30 Days |
1st Floor
| Size |
| 10,106 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| 30 Days |
2nd Floor
| Size |
| 10,106 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| 30 Days |
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 10,106 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | 30 Days |
First level of building includes three classroom spaces, reception area, boardroom, student lounge, a kitchen, and multiple offices.
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
2nd Floor
| Size | 10,106 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | 30 Days |
Second-story space features multiple classrooms, a lounge area, men's and women's restrooms, a 2nd-story atrium overlook, and multiple egress stairways.
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 12-158-330-001-012 | Improvements Assessment | $284,100 |
| Land Assessment | $107,200 | Total Assessment | $391,300 |
Property Taxes
Parcel Number
12-158-330-001-012
Land Assessment
$107,200
Improvements Assessment
$284,100
Total Assessment
$391,300
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
