For Sale
$1,200,000

316 Rhodes PlNew Castle, PA 16101

11,300 SF Mixed-Use Property, PA

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional New Castle, Pennsylvania mixed-use property offers a compelling investment opportunity. Situated on a 2.51-acre lot, the property comprises two distinct facilities totaling 11,300 square feet. First, an 8,800 square foot, impeccably restored mansion currently operates as a four-unit multi-family residence, blending historic charm with modern amenities. Secondly, a 72-bed former personal care facility presents a significant value-add opportunity, available at a price substantially below reconstruction cost. The property benefits from ample parking, beautiful grounds, and a prime location in New Castle, zoned R2. Built in 1982, this property is priced at $1,200,000, or $176.99 per square foot. This unique offering presents a myriad of potential uses and significant financial upside for the discerning investor. The address is 316-318 Rhodes Pl, New Castle, PA 16101. This is a distressed sale representing an incredible financial opportunity.

Highlights

  • Landscaped grounds.
  • Abundant parking.
  • Excellent New Castle location.
  • Strong investment potential.

Property Details for 316 Rhodes Pl

Property type
Mixed-use properties
Square Feet
11,300 SF
Year Built
1982
Lot Size (sq. ft)
109,336 SF
Units
4

Location Insight

City
New Castle
County
Lawrence
State
Pennsylvania
Latitude
41.0043544
Longitude
-80.3385869
316 Rhodes Pl, New Castle, Pennsylvania

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316 Rhodes Pl
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