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    2602 Wilmington Rd New Castle, PA 16105

    For Sale
    $225,000

    Prime Medical Office Space in New Castle, PA

    Property size:
    35,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional medical office building, located at 2602 Wilmington Rd, New Castle, PA 16105, presents a unique investment opportunity. The property boasts a total building size of 35,000 square feet situated on a generous 2.96-acre lot. Currently, three separate, demised medical suites are available for purchase, offering flexibility for various medical practices. Each suite is a second-generation medical space, meaning it's ready for immediate occupancy with existing medical infrastructure in place. The minimum available space is 1,152 square feet, while the largest suite encompasses 3,686 square feet of net rentable area. The combined asking price for all three suites is $225,000. This presents a compelling opportunity for medical professionals seeking established space or investors looking for a strong return in a thriving market. The property's convenient location in Lawrence County, Pennsylvania, ensures easy access for patients and staff. This is a turnkey solution for expanding or establishing a medical practice in a well-established building. The property's size and layout offer significant potential for future growth and adaptation to evolving medical needs. Don't miss this chance to acquire a valuable asset in a desirable location.

    Property Features for 2602 Wilmington Rd

    General Information

    Property type
    Medical offices
    Square Feet
    35,000 SF
    Lot Size
    128,938 SF

    HighLights

    • Three demised medical suites available for sale.
    • All suites are second‑generation medical space, ready for immediate occupancy.
    • Second‑generation medical suites with existing medical infrastructure.
    • Combined sale price: $225,000.
    • Minimum suite size: 1,152 square feet.
    • Maximum suite size: 3,686 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jameson Radiation Oncology Cancer Treatment Center Victain Michelle S ... Doctor Samantha Walsh Physician Assistant Jeremy Nau Physician Assistant Mc Quiston Marlene Nursing Agency

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Castle
    County
    Lawrence
    State
    Pennsylvania
    Longitude
    -80.3541195
    Latitude
    41.0328744

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    FAQs

    What type of property is this?
    Medical office - Prime Medical Office Space in New Castle, PA
    Where is this medical office located?
    The property is located at 2602 Wilmington Rd New Castle, PA.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: Three demised medical suites available for sale.; All suites are second-generation medical space, ready for immediate occupancy.; Second-generation medical suites with existing medical infrastructure.
    Request Owner's contact information
    2602 Wilmington Rd New Castle, PA 16105
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    New Castle, PA 16105
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2602 Wilmington Rd New Castle, PA 16105
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