Prime Retail Plaza in New
For Sale
$2,250,000
300-340 Central City Plz, New Kensington, PA 15068
Value-add shopping plaza located in New Kensington, PA
Property Size80,505 SF
Lot Size1.85 Acres
Price / SF$27.95
Days on Market586
Property Features for 300-340 Central City Plz
General Information
Standard status
Active
Property type
Shopping centers, Other retail properties, Individual retail properties, Retail properties & Spaces
Size
80,505 SF
Elevators
N/A
Lot size
1.85 Acres
Listing Agency:
(412) 726-1095
Listed By:
Alexander
(412) 726-1095
Added: Jan 20, 2025
Changed: Mar 16
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
Current Use
Location Intelligence
Trade Area within ½ mile
9
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 15068, PA
37,104
Population
18,319
Households
2
Avg Household Size
47
Median Age
27%
College-Educated
95%
High-School Grad
45.4 sq mi
ZIP Area
817
Density / Sq Mi
$62,997
Median Household Income
$42,795
Median Earnings
$749
Median Rent
$166,000
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
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
