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Three-Suite Office Building

227 N Jefferson St, New Castle, PA 16101

For Sale
$200,000

Separate entrances and utility service allow the suites to function independently for multiple occupants.

Property Size8,000 SF
Price / SF$25
Days on Market113

Property Features for 227 N Jefferson St

General Information

Standard status Active
Size 8,000 SF
Total Parking Spaces 40
Property subtype Commercial
Zoning C-2, C-2

Site & Location

Public Transit Yes
Utilities to Site Yes

Additional Details

Office Units 3
Property Use Office

Taxes and HOA fees

Annual Taxes $13,000

Building Details

Year Built 1982
Buildings 1
Construction brick
Listing Agency: KELLER WILLIAMS STEEL CITY
Listed By: Rick Sikora
Source: Indianlakerealty
Added: Jul 22 Changed: Nov 11 Last Checked: Nov 11 at 2:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS STEEL CITY

Rey
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Investment Insights

Based on property information with market context.

Built in 1982, this brick office property is arranged as three suites of approximately 4,000 SF, 2,200 SF, and 1,800 SF. Each suite has its own entrance and utilities. The interior includes private offices, waiting rooms, and support areas, with a layout previously used for a medical practice. C-2 zoning applies to the property.

The building is in downtown New Castle, across from the Municipal Building and on a bus line. The stated daily traffic count is 8,000–12,000 vehicles. More than 30 on-site parking spaces serve the property.

The three-suite configuration supports occupancy by one user or multiple tenants. The property is offered for sale or lease.

Key Highlights

  • Three suites measuring approximately 4,000 SF, 2,200 SF, and 1,800 SF
  • Separate entrances and utilities for each suite
  • More than 30 on‑site parking spaces

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Daycare Center Parking Lot & Garage Carpet & Flooring Store Catering Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Office units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

955
Businesses Nearby

Demographics for 16101, PA

31,960
Population
14,755
Households
2.2
Avg Household Size
44
Median Age
18%
College-Educated
92%
High-School Grad
69.2 sq mi
ZIP Area
462
Density / Sq Mi
$50,481
Median Household Income
$36,670
Median Earnings
$706
Median Rent
$109,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office building - Separate entrances and utility service allow the suites to function independently for multiple occupants.
Where is this office building located?
The property is located at 227 N Jefferson St New Castle, PA.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Three suites measuring approximately 4,000 SF, 2,200 SF, and 1,800 SF; Separate entrances and utilities for each suite; More than 30 on‑site parking spaces
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