300-340 Central City Plz New Kensington, PA 15068

Listing agent Alexander Show Phone

Listing office a***@svn.com Show Phone

Listing date Jan 20, 2025

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Investment Insights

Based on property information with market context.

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.

Key Highlights

• Prime Main Street location
• 80,505 SF Retail Plaza
• Value‑add opportunity

Property Analytics

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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