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Retail Space in New Castle
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305 North Jefferson Street, New Castle, PA 16101

Retail space on main thoroughfare with parking.

Property Size3,499 SF
Days on Market161

Property Features for 305 North Jefferson Street

General Information

Standard status Active
Size 3,499 SF
Property subtype Retail
Listing Agency: CBRE | Pittsburgh
Listed By: Robert Gold, CCIM · License #Salesperson
Source: Cbre
Added: Mar 25 Changed: Aug 22 Last Checked: Sep 1 at 2:38PM

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 CBRE | Pittsburgh

Investment Insights

Based on property information with market context.

Located in New Castle on N. Jefferson Street, this retail space benefits from its position on a main thoroughfare with an Average Annual Daily Traffic (AADT) count of 11,924. The property includes a parking lot with approximately 40 spaces, accessible from both N. Jefferson Street and W. Grant Street. Nearby retailers include Family Dollar, Dunkin’, Dollar Tree, Dollar General, Domino’s, Burger King, and First Commonwealth Bank. The property size is 3,499 square feet.

Key Highlights

  • High‑traffic location on N. Jefferson Street (11,924 AADT)
  • Large parking lot with 40± spaces
  • Accessible parking lot entrances on N. Jefferson Street and W. Grant Street

Property Analytics

Current Use

Retail space

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.

Location Intelligence

Trade Area within ½ mile

983
Businesses Nearby
79k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 60% Dining 40%
Dunkin' Donuts Dining
13,423 visits/mo 0.2 miles
Burger King Dining
11,747 visits/mo 0.3 miles
Speedway Shops & Services
10,920 visits/mo 0.1 miles
Dollar Tree Shops & Services
8,837 visits/mo 0.5 miles
Dollar General Shops & Services
6,676 visits/mo 0.4 miles

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

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space on main thoroughfare with parking.
Where is this retail space located?
The property is located at 305 North Jefferson Street New Castle, PA.
What are key features of this property?
This property features: High‑traffic location on N. Jefferson Street (11,924 AADT); Large parking lot with 40± spaces; Accessible parking lot entrances on N. Jefferson Street and W. Grant Street
More about this property
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