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    3726 State St Hermitage, PA 16148

    Sponsored
    For Sale
    $549,000

    Two-building retail complex, 2.14 acres, ample parking.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property presents a unique investment opportunity in Hermitage, PA. The offering encompasses two buildings situated on a sizable 2.14-acre lot, providing ample space and potential for a variety of commercial ventures. Building #1, a 1 1вЃ„2-story structure, offers 1,620 square feet of usable space. Building #2, a single-story building, provides a significantly larger footprint of 7,533 square feet. The property also includes a paved parking lot with a generous 37 parking spaces, ensuring convenient access for customers and employees. The property's previous use as a hospitality care facility offers a versatile foundation for diverse commercial applications. Its strategic location near the former Shenango Valley Mall and the planned Town Center development presents significant advantages, promising increased foot traffic and visibility. This prime location offers excellent potential for growth and return on investment, making it an attractive proposition for discerning buyers seeking a substantial commercial property in a developing area. The expansive lot size and existing infrastructure provide a solid base for immediate occupancy or future expansion, catering to a wide range of business needs. This is a rare opportunity to acquire a well-positioned commercial property with significant potential in a rapidly evolving area. The asking price is $549,000.

    Property Features for 3726 State St

    General Information

    Property type
    Retail properties
    Lot Size
    93,218 SF

    Building Details

    Year Built
    1955
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    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
    Hermitage
    County
    Mercer
    State
    Pennsylvania
    Longitude
    -80.44131
    Latitude
    41.23347

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    FAQs

    What type of property is this?
    Retail property - Two-building retail complex, 2.14 acres, ample parking.
    Where is this retail property located?
    The property is located at 3726 State St Hermitage, PA.
    What is the asking price?
    The asking price for this property is $549,000.
    (724) 981-2231
    Request Owner's contact information
    3726 State St Hermitage, PA 16148
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    Hermitage, PA 16148
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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
    3726 State St Hermitage, PA 16148
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