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    637 Route 228 Mars, PA 16046

    For Lease
    Contact for pricing

    Prime Mars, PA retail space. High-growth area.

    Lot size:
    23,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 23,000 square foot single-tenant retail property is ideally situated at 637 Route 228 in Mars, Pennsylvania, within Butler County (zip code 16046). The entire building is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire space. The property benefits from its location in a thriving commercial and residential area experiencing significant growth. The Route 228 corridor is experiencing robust development, fueled by proximity to Pittsburgh, a strong local economy, and excellent transportation links. This area is attracting businesses across various sectors, including retail, healthcare, and hospitality. Recent years have seen substantial investment in the Route 228 corridor, including new residential subdivisions and commercial developments such as shopping centers, restaurants, and office spaces. Further supporting this growth, the local government is actively investing in infrastructure improvements, such as road widening and utility upgrades. This property offers unparalleled potential for a business seeking a prominent location within a dynamic and expanding market. The property's size and location make it suitable for a wide range of retail uses.

    Property Features for 637 Route 228

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    23,000 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    23,000 SF

    HighLights

    • 23,000 SF single‑tenant retail building available at 637 Route 228, Mars, PA (16046).
    • Building is currently vacant.
    • High‑traffic location on Route 228, near Mars Valencia Road.
    • Strong demographics with high average household incomes.
    • Suitable for various retail uses including restaurant (3,800 SF), retail shop (9,300 SF), fast casual with drive‑thru (2,120 SF), and additional retail space (7,800 SF).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mars
    County
    Butler
    State
    Pennsylvania
    Longitude
    -80.0016325
    Latitude
    40.6916527

    Nearby Comparable

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      Retail Space in Mars, PA

      Located in a major retail corridor with high accessibility.
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    Nearby Similar for Lease

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      Retail Space in Mars, PA

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      Retail Space in Adams Shoppes

      Retail space available from 1,300 to 7,000 square feet.
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    FAQs

    What type of property is this?
    Retail property - Prime Mars, PA retail space. High-growth area.
    Where is this retail property located?
    The property is located at 637 Route 228 Mars, PA.
    What are key features of this property?
    This property features: 23,000 SF single-tenant retail building available at 637 Route 228, Mars, PA (16046).; Building is currently vacant.; High-traffic location on Route 228, near Mars Valencia Road.
    Request Owner's contact information
    637 Route 228 Mars, PA 16046
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    Mars, PA 16046
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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
    637 Route 228 Mars, PA 16046
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