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1950 State St Hermitage, PA 16148

Prime Retail Space, High-Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
135
This 1,200 square foot shopping center in Hermitage, Pennsylvania, presents a compelling investment opportunity. Located at 1950 E State St, zip code 16148, this property boasts a strong tenant mix, including Dollar Tree, T-Mobile, and Little Caesars Pizza. The center is strategically situated in a high-traffic area, within the primary shopping district serving both Sharon and Hermitage. Its proximity to major roadways, including S. Buhl Farm Road, ensures excellent visibility and accessibility. The center's location adjacent to McDonald's and Taco Bell further enhances its appeal and foot traffic. The building itself is only five years old (occupancy date March 31, 2019), indicating a relatively new and well-maintained structure. The asking price is $12 per square foot. This property offers a rare chance to acquire a well-established retail center in a thriving commercial area, just a half-mile from the Shenango Valley Mall, providing additional exposure to a large consumer base. The property is classified as a retail shopping center in Mercer County. This is an excellent opportunity for investors seeking a stable and profitable retail investment in a desirable Pennsylvania location.

Highlights

  • 1,200 SF retail shopping center in Hermitage, PA.
  • $12/SF asking price.
  • Located at 1950 E State St, Hermitage, PA 16148.
  • Anchored by Dollar Tree, with T-Mobile and Little Caesars Pizza as tenants.
  • Five-year-old center with convenient access to S. Buhl Farm Road, near McDonald's and Taco Bell, and 0.5 miles from Shenango Valley Mall.

Property Details for 1950 State St

Property type
Lifestyle centers, Power centers
Square Feet
1,200 SF

Location Insight

City
Hermitage
County
Mercer
State
Pennsylvania
Latitude
41.2326854
Longitude
-80.4736284

FAQs

What type of property is this?
Lifestyle center - Prime Retail Space, High-Traffic Location
Where is the lifestyle center located?
The property is located at 1950 State St Hermitage, PA.
What are key features of this property?
This property features: 1,200 SF retail shopping center in Hermitage, PA.; $12/SF asking price.; Located at 1950 E State St, Hermitage, PA 16148.
How can I contact the broker?
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1950 State St
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