168 New Castle RdButler, PA 16001

  • Other commercial real estate
  • 1,750 SF
For Sale
$399,900 View listing

Property Details for 168 New Castle Rd

Year built
1960
Lot size
0.78 AC
Property size (Sq ft)
1,750 SF
Property type
Other commercial real estate
APN
056 21 B140000
APU
05621B140000

Description

Exceptional opportunity to own this 1,900 square foot freestanding retail and office building in Butler, Pennsylvania. Located at 168 New Castle Rd, this property boasts excellent visibility at a signalized intersection directly across from Butler High School, ensuring high traffic exposure. Built in 1955 and featuring modern renovations, the building offers a spacious open showroom, a private office/conference room ideal for meetings or individual work, a convenient breakroom, and a single restroom. A full basement provides ample storage space. The building sits on a 0.78-acre lot, including a private paved parking lot and additional grassy area, offering potential for expansion. The property benefits from abundant natural light. The permitted zoning is COMM. The asking price is $399,900, translating to $210.47 per square foot. This owner/user investment presents a unique chance to establish or expand a business in a high-traffic location with significant potential. The property is currently vacant. APN: 056-21-B14-0000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $427,369
    Hospitality
    $391,468
    Educational
    $325,697
    Medical
    $336,898
    Retail
    $506,639
168 New Castle Rd, Butler, Pennsylvania

Location Insight

City
Butler
County
Butler
State
Pennsylvania
Latitude
40.8667
Longitude
-79.9192
CBSA code
38300
CBSA name
PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$3,391
$4,220
$19,030
$23,250
-
-
$23,250
$23,250

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