1950 State St Hermitage, PA 16148

Property Details for 1950 State St

Property size

1,200 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

This 1,200 square foot shopping center in Hermitage, Pennsylvania, presents a compelling investment opportunity. Located at 1950 E State St, zip code 16148, this property boasts a strong tenant mix, including Dollar Tree, T-Mobile, and Little Caesars Pizza. The center is strategically situated in a high-traffic area, within the primary shopping district serving both Sharon and Hermitage. Its proximity to major roadways, including S. Buhl Farm Road, ensures excellent visibility and accessibility. The center's location adjacent to McDonald's and Taco Bell further enhances its appeal and foot traffic. The building itself is only five years old (occupancy date March 31, 2019), indicating a relatively new and well-maintained structure. The asking price is $12 per square foot. This property offers a rare chance to acquire a well-established retail center in a thriving commercial area, just a half-mile from the Shenango Valley Mall, providing additional exposure to a large consumer base. The property is classified as a retail shopping center in Mercer County. This is an excellent opportunity for investors seeking a stable and profitable retail investment in a desirable Pennsylvania location.