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    27 N Mercer St New Castle, PA 16101

    For Sale
    $269,900

    Office - New Castle, PA

    Type:Office
    Lot size:
    0.41 Acres
    Days on Market:
    45
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 27 N Mercer St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    Zoning
    C-2
    Parking
    20
    Lot size
    0.41 Acres

    Building Details

    Year built
    1923
    Building materials
    Brick, Other
    Architectural style
    Other

    Castle Realty (724) 654-5589 [email protected]

    Listing agent Francesca Ferrara (724) 654-5589

    Listing date Oct 22, 2025

    MLS# 1703058 Listing URL

    Copyright © 2025 West Penn Multi List, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Office Building in New Castle

    This historic commercial building, located in the heart of downtown New Castle, was originally constructed in 1923. The architectural gem showcases its Italian Renaissance style with original features including a marble staircase, counters, and walls, and an ornate brass chandelier. The building spans over 23,000 square feet across four levels and was expanded in 1957 with a second adjoining structure. Remnants of its legacy include a steel-and-concrete patch on the floor and distinctive End Grain wood flooring. The property features a unique freight elevator, an expansive parking lot, two double bay loading doors, a sprinkler system, multiple phase electrical, central AC, and staff facilities, including a full kitchen and dining area. The lot size is 0.411 acres. The property is zoned C-2.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    New Castle News Newspaper Publisher

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Castle
    County
    Lawrence
    State
    Pennsylvania
    Longitude
    -80.346114
    Latitude
    41.000966

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    FAQs

    What type of property is this?
    Office building - Iconic 23,000+ SF commercial building with original architectural details.
    Where is this office building located?
    The property is located at 27 N Mercer St New Castle, PA.
    What is the asking price?
    The asking price for this property is $269,900.
    What are key features of this property?
    This property features: - Prime downtown location in New Castle.; - Expansive 23,000+ sq ft commercial building with versatile potential.; - Unique historical significance with original 1923 Italian Renaissance architectural features like a marble staircase and brass chandelier.
    (724) 654-5589
    Request Owner's contact information
    27 N Mercer St New Castle, PA 16101
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    New Castle, PA 16101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    27 N Mercer St New Castle, PA 16101
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