2656 Ellwood Rd New Castle, PA 16101

OFF-MARKET

Other restaurants

85,479 SF 6.15 ac lot Built 1960

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The property at 2656 Ellwood Rd in New Castle, Pennsylvania is located within the redeveloped Shenango Commons Plaza in Shenango Township, Lawrence County, within the Shenango Area School District. It is identified as Parcel # 31-3906-0119K and sits on an approximately 3-acre lot measuring about 230 ft by 395 ft. The site includes about 40,000 square feet of commercial space configured as an end-cap within a plaza setting, with the plaza subdivided for individual acquisition. Zoning is C-1. The property provides 112 parking spaces and rear loading access, and is constructed with a durable concrete structure featuring 13-foot drop ceilings and a fully sprinklered system. The surrounding plaza includes neighbors such as Fine Wine & Good Spirits and Ascent Pickleball (indoor courts), and BC3 Community College operates as the anchor tenant at BC3 @ Lawrence. The roof was scheduled for installation in June 2025.

Property type Other restaurants

Year built 1960

Total area 85,479 SF

Lot 6.15 ac (267,894 SF)

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

Gym & Fitness Center
Physician
Home Decor Store (Bike/Boat/Book/etc) Store
Loan Service
(Bike/Boat/Book/etc) Store Wine and Liquor Store

2656 Ellwood Rd New Castle, PA 16101

New Castle metro

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