For Sale
$2,250,000

300-340 Central City Plz New Kensington, PA 15068

Value-add shopping center in New Kensington, PA

Property records and analytics

Overview

Added:
Jan 20
Days on market:
96
Central City Plaza, a prime 80,505-square-foot retail plaza situated in the heart of downtown New Kensington, Pennsylvania, presents a compelling value-add investment opportunity. This main street location boasts ample parking and convenient access to public transportation. The property includes two 18,000-square-foot end-cap spaces currently available for lease, along with a 2nd generation supermarket space and a 2nd generation medical space. Potential exists for lease-up, redevelopment, repositioning, and even outparcel development. Recent capital improvements enhance the property's appeal, including a new roof installed in 2016, 75% of the parking lot resurfaced, and a conversion to energy-efficient LED exterior lighting. The property sits on a 1.85-acre lot and features three dock-high doors and a 3,000-square-foot common loading area. Note that income figures are based on current rents, and expenses are pro forma. This property offers a unique chance to capitalize on a strong location and significant upside potential. The property is located at 300-340 Central City Plz, New Kensington, PA 15068.

Highlights

  • 80,505 square foot retail plaza in prime New Kensington location.
  • Value-add opportunity with lease-up potential and redevelopment options.
  • Features ample parking, public transportation access, and recent capital improvements.

Property Details for 300-340 Central City Plz

Property type
Retail properties
Square Feet
80,505 SF
Price / Square Foot
$27.95
Elevators
N/A
Lot Size (sq. ft)
80,505 SF

Location Insight

City
New Kensington
County
State
Pennsylvania

Nearby Similar for Sale

  • For Sale
    $6,691,300

    Riverview Plaza: Prime Retail Investment

    High-yield shopping center, 100% occupied.

    100 Tarentum Bridge Rd
    New Kensington, PA
    View Details
  • For Sale
    $4,954,839

    Family Dollar Net Lease Investment

    High-yield retail investment opportunity. Strong tenant.

    108 Greensburg Rd
    Lower Burrell, PA
    View Details
  • For Sale Call for price

    Leechburg Road Restaurant - For Sale

    Prime Restaurant Space, Drive-Thru, 0.64 Acres

    Exd Leechburg Rd
    Lower Burrell, PA
    View Details
  • For Sale
    $180,000

    938 Drey St, Arnold, PA 15068

    Retail properties • 0.20 AC

    938 Drey St
    Arnold, PA
    View Details
  • For Sale Call for price

    Leechburg Road Retail Opportunity

    Prime 2,685 SF Retail Space, Drive-Thru

    3164 Leechburg Rd
    New Kensington, PA
    View Details
  • For Sale
    $500,000

    Historic School Building For Sale

    Prime New Kensington location, 30,144 sq ft.

    200 Freeport Rd
    New Kensington, PA
    View Details

FAQs

What type of property is this?
Retail property - Value-add shopping center in New Kensington, PA
Where is the retail property located?
The property is located at 300-340 Central City Plz New Kensington, PA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 80,505 square foot retail plaza in prime New Kensington location.; Value-add opportunity with lease-up potential and redevelopment options.; Features ample parking, public transportation access, and recent capital improvements.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
(412) 726-1095

Contacts

Alexander Dupre
Ian Dupre
Visit Broker Website

Learn more

Useful Information

Request information

300-340 Central City Plz
New Kensington, PA 15068

Message sent successfully
Error
If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.

300-340 Central City Plz
New Kensington, PA 15068

Message sent successfully
Error

Email this Information

Link copied to clipboard
Message sent successfully
Error

Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

300-340 Central City Plz
  • Alexander Dupre
  • Ian Dupre
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message

Sign Up

Already
a member?
By creating an account, you agree to
the Terms of service and acknowledge Privacy policy.

Just one more step, let’s verify your email

We have sent a verification link to

Please check your inbox to complete the process. Just click on the link in that email to complete your Sign up. If you don’t see it, you may need to check your spam folder.

Email verification link expired

It seems that the verification link has expired. No worries! We can send you a new link to

Log In

Don't have
an account?
Forgot password?

Reset your password

New to
Paperhouses?

Enter the email address associated with your account and we'll send you a link to reset your password.

Reset your password
Enter the email address associated with your account and we'll send you a link to reset your password.
New to Paperhouses?

Check your email

We've resent password reset instructions to if it is an email on file.

Please check again. If you still haven't received an email, try a different email.

Check your email

Thanks! If matches an email we have on file, then we've sent you an email containing further instructions for resetting your password. If you haven't received an email in 5 minutes, check your spam, resend, or try a different email.