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Warehouse with M1 Zoning
For Sale
$450,000

468 E Washington St, New Castle, PA 16101

M1-Light Industrial zoning accommodates warehouse and other industrial uses beyond standard commercial zoning.

Property SizeContact for details
Days on Market101

Property Features for 468 E Washington St

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $1,469
Listing Agency: KELLER WILLIAMS STEEL CITY
Listed By: Timothy Fitzgerald
Source: Exprealty
Added: Jul 8 Changed: Oct 2 Last Checked: Oct 16 at 1:19PM

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

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Investment Insights

Based on property information with market context.

This 26,500-square-foot warehouse is constructed with concrete and brick, thick concrete floors, and LED lighting throughout. The building has a roof installed 3 years ago and is configured as three areas: 10,300 square feet, 3,200 square feet, and a 13,000-square-foot lower floor. The 10,300-square-foot section includes two offices totaling 554 square feet, ceiling clearance ranging from 10 to 13 feet, and a 12-foot garage door. The 3,200-square-foot area provides 16 feet 7 inches of clearance and a 12-foot 10-inch garage door.

The lower floor is leased through 11/2028. Building infrastructure includes 3 Phase 480V power with 400 Amp service. M1-Light Industrial zoning permits uses including contractor's yards, light manufacturing, research laboratories, supply yards, truck terminals, truck and trailer rentals, wholesale business outlets, and warehousing. The property was previously operated as a car dealership.

Key Highlights

  • 26,500‑square‑foot concrete and brick warehouse with thick concrete floors
  • Three areas totaling 10,300 SF, 3,200 SF, and 13,000 SF
  • Lower floor leased through 11/2028

Property Analytics

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Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Dental Office Furniture & Home Goods Parking Lot & Garage Home Appliance Store Daycare Center

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

152
Businesses Nearby
Balanced
Demand for This Use

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 Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Frequently Asked Questions

What type of property is this?
Warehouse - M1-Light Industrial zoning accommodates warehouse and other industrial uses beyond standard commercial zoning.
Where is this warehouse located?
The property is located at 468 E Washington St New Castle, PA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 26,500‑square‑foot concrete and brick warehouse with thick concrete floors; Three areas totaling 10,300 SF, 3,200 SF, and 13,000 SF; Lower floor leased through 11/2028
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