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    2240 State St Hermitage, PA 16148

    Sponsored
    For Sale
    $375,000

    Established Business, High-Traffic Area, Updated Exterior

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional retail property at 2240 E State St, Hermitage, PA presents a fantastic investment opportunity. Priced at $375,000, this free-standing building boasts an excellent location within the city center, ensuring high visibility and foot traffic. Its proximity to major retailers and franchises guarantees a strong customer base. The property sits on a 0.21-acre lot and offers an established business, providing immediate revenue potential for the new owner. The exterior has been recently upgraded, featuring low-maintenance decking and a convenient ramp, enhancing accessibility and curb appeal. This turnkey operation is ideal for an entrepreneur seeking a thriving business with a modern, well-maintained building. The property's prime location and established business history make it a rare find in the competitive Hermitage market. This is a chance to acquire a profitable enterprise with significant growth potential. The building's updated exterior and convenient access features contribute to a positive customer experience and operational efficiency. Serious inquiries are encouraged to explore this exceptional opportunity further. The property is ready for immediate occupancy and offers a seamless transition for a new owner. Don't miss this chance to own a successful business in a high-demand location.

    Property Features for 2240 State St

    General Information

    Property type
    Retail properties
    Lot Size
    9,148 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Knight Carpet & Flooring, ... Flooring Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Hermitage
    County
    Mercer
    State
    Pennsylvania
    Longitude
    -80.46835
    Latitude
    41.23312

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    FAQs

    What type of property is this?
    Retail property - Established Business, High-Traffic Area, Updated Exterior
    Where is this retail property located?
    The property is located at 2240 State St Hermitage, PA.
    What is the asking price?
    The asking price for this property is $375,000.
    (724) 962-8701
    Request Owner's contact information
    2240 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
    2240 State St Hermitage, PA 16148
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