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Commercial Land with Office Building

2655 Ellwood Road, New Castle, PA 16101

For Sale
$750,000

A brick office building needing repair remains on site alongside the option to pursue new commercial construction.

Property SizeContact for details
Days on Market55

Property Features for 2655 Ellwood Road

General Information

Standard status Active
Property subtype Commercial
Zoning C1, C1

Taxes and HOA fees

Annual Taxes $16,655

Building Details

Year Built 1993
Listing Agency: HOWARD HANNA REAL ESTATE SERVICES
Listed By: Renee Dean · License PA RS298239
Source: Indianlakerealty
Added: Sep 21 Changed: Nov 11 Last Checked: Nov 13 at 9:45PM

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 HOWARD HANNA REAL ESTATE SERVICES

Rey
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Investment Insights

Based on property information with market context.

The 3.66-acre commercial property includes a brick office building of more than 6,800 square feet, built in 1993. The structure was previously used as a medical facility and currently needs repair. The site can be considered for renovation of the existing building or for new construction, subject to zoning and required approvals. It is zoned C1 and lies within a LERTA zone; eligibility and any applicable tax assistance require confirmation with the relevant authorities.

Fronting State Route 65/Ellwood Road in Shenango Township, the property is approximately one minute from Route 422 and I-376. Sylvan Heights Golf Course is immediately adjacent, while Lawrence Village Plaza/Shenango Commons is across the road. A conceptual redevelopment plan is available for review, and the township may have assistance available for demolition or redevelopment.

Key Highlights

  • Approximately 3.66 acres with frontage on State Route 65/Ellwood Road
  • Existing 6,800+ square‑foot brick office building, built in 1993
  • Zoned C1 and located within a LERTA zone

Property Analytics

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Current Use

Antonescu Gheorghe MD Pediatrician Dr. George Antonescu Pediatrician

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store Hair Salon Pharmacy Auto Parts Store Nail Salon

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

Location Intelligence

Trade Area within ½ mile

148
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
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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?
Commercial land - A brick office building needing repair remains on site alongside the option to pursue new commercial construction.
Where is this commercial land located?
The property is located at 2655 Ellwood Road New Castle, PA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Approximately 3.66 acres with frontage on State Route 65/Ellwood Road; Existing 6,800+ square‑foot brick office building, built in 1993; Zoned C1 and located within a LERTA zone
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