1710 New Butler RdNew Castle, PA 16101

  • Retail properties
  • 39,551 SF
For Lease

Property Details for 1710 New Butler Rd

Lot size
5.84 AC
Property size (Sq ft)
39,551 SF
Zone code
C2
Property type
Retail properties
Property subtype
Retail space
APN
31-205201
APU
31205201

Description

This exceptional retail property in Lawrence County offers a prime opportunity for businesses seeking flexible space. The building totals 68,059 square feet and comprises three individual suites, providing options for various retail concepts. Currently, there is 7,613 square feet of vacant space available, offering immediate occupancy potential. The minimum divisible space is 1,360 square feet, ideal for smaller businesses or startups, while larger tenants can occupy up to 4,153 contiguous square feet. This allows for scalability and adaptability to suit diverse business needs. The property's multi-tenant configuration fosters a vibrant and collaborative environment, benefiting from shared amenities and foot traffic. Its strategic location within Lawrence County ensures high visibility and accessibility for customers. The property is classified as commercial retail, making it suitable for a wide range of retail uses. This presents a unique chance to establish or expand a business in a thriving commercial area. The available space offers a blend of flexibility and convenience, making it an attractive option for businesses of all sizes. Serious inquiries are encouraged to explore this exceptional retail leasing opportunity. Contact us today to schedule a viewing and discuss your specific requirements. The property is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,056,893
    6.5%
    $10,206,362
    7%
    $9,477,337
  • Comparable approach

    Method
    Valuation
    Relative Method
    $9,322,993
    Geo Method
    $9,322,993
  • Alternative Use

    Use
    Valuation
    Residential
    $8,609,449
    Hospitality
    $7,886,208
    Educational
    $6,561,233
    Medical
    $6,786,884
    Retail
    $10,206,362
1710 New Butler Rd, New Castle, Pennsylvania

Location Insight

City
New Castle
County
Lawrence
State
Pennsylvania
Latitude
40.9843
Longitude
-80.3118
CBSA code
35260
CBSA name
NEW CASTLE, PA MICROPOLITAN 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
2023
$22,019
$204,400
$611,800
$816,200
-
$204,400
$611,800
$816,200

FAQs

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