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300-340 Central City Plz New Kensington, PA 15068

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For Sale
$2,250,000

Value-add shopping plaza located in New Kensington, PA

Property size:
80,505 SF
Lot size:
1.85 Acres
Added:
Jan 20, 2025
Days on Market:
436
Last Refresh:
Mar 16 at 9:06 am

Property Features for 300-340 Central City Plz

General Information

Standard status
Active
Property type
Shopping centers, Other retail properties, Individual retail properties, Retail properties & Spaces
Size
80,505 SF
Elevators
N/A
Lot size
1.85 Acres

We can help!

Listing Contact
Alexander Dupre

Listing agent Alexander

Listing office

Listing date Jan 20, 2025


Overview

Prime Retail Plaza in New Kensington

Central City Plaza is an 80,505-square-foot retail plaza located in downtown New Kensington, Pennsylvania. This main street location offers ample parking and access to public transportation. The property includes two 18,000-square-foot end-cap spaces available for lease, along with a 2nd generation supermarket space and a 2nd generation medical space. Opportunities exist for lease-up, redevelopment, repositioning, and outparcel development. Recent capital improvements include a new roof installed in 2016, resurfacing of 75% of the parking lot, and conversion to energy-efficient LED exterior lighting. The property sits on a 1.85-acre lot and features three dock-high doors and a 3,000-square-foot common loading area. The property presents a chance to capitalize on a location with upside potential.
Location Intelligence

Current Use by Public Records

Shopping centers

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

Location Insight

  • Map
  • Local Demand
City
New Kensington
County
Westmoreland
State
Pennsylvania
Longitude
-79.707
Latitude
40.5657

FAQs

What type of property is this?
Shopping center - Value-add shopping plaza located in New Kensington, PA
Where is this shopping center located?
The property is located at 300-340 Central City Plz New Kensington, PA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Prime Main Street location; 80,505 SF Retail Plaza; Value‑add opportunity
More about this property
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