For Sale
$500,000

2370 State StHermitage, PA 16148

Prime Retail Location, Value-Add Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
115
This 3,014 square foot vacant convenience store and gas station, located at 2370 E State St, Hermitage, PA 16148, presents a compelling owner-user investment opportunity. Priced at $500,000 ($165.89/sq ft), the property boasts a prime location on a busy thoroughfare with 10,529 vehicles passing daily. The site has undergone a complete environmental cleanup, with fuel pumps removed, making it ready for immediate redevelopment. This single-tenancy retail space is ideal for an operator seeking expansion in the Pennsylvania market. The surrounding area offers strong demographics, including a population of 23,135 residents within a two-mile radius and an average household income of $63,304. The property's strategic location across the street from a strip mall anchored by well-known retailers like Panera Bread and Arby's further enhances its appeal and potential for success. This is a rare chance to acquire a well-situated, ready-to-occupy retail asset in a thriving community. The property is classified as a convenience store, gas station, and storefront. All environmental remediation has been completed.

Highlights

  • Excellent value-add opportunity for expansion in the Pennsylvania market.
  • Property is environmentally clean; pumps have been removed and remediation completed.
  • High-traffic location on a busy road with 10,529 vehicles per day.
  • Strong demographics: 23,135 residents within a 2-mile radius, average household income $63,304.
  • Prime location across from a retail center anchored by Panera Bread and Arby's.

Property Details for 2370 State St

Property type
Retail properties, Retail space
Square Feet
3,014 SF

Location Insight

City
Hermitage
County
Mercer
State
Pennsylvania
Latitude
41.2331352
Longitude
-80.4661777
2370 State St, Hermitage, Pennsylvania

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2370 State St
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