Property profile

2240 State St Hermitage, PA 16148

OFF-MARKET
Retail properties & Spaces
Property ID
US73-5140752
0.21 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional retail property at 2240 E State St, Hermitage, PA presents a fantastic investment opportunity. Priced at $375,000, this free-standing building boasts an excellent location within the city center, ensuring high visibility and foot traffic. Its proximity to major retailers and franchises guarantees a strong customer base. The property sits on a 0.21-acre lot and offers an established business, providing immediate revenue potential for the new owner. The exterior has been recently upgraded, featuring low-maintenance decking and a convenient ramp, enhancing accessibility and curb appeal. This turnkey operation is ideal for an entrepreneur seeking a thriving business with a modern, well-maintained building. The property's prime location and established business history make it a rare find in the competitive Hermitage market. This is a chance to acquire a profitable enterprise with significant growth potential. The building's updated exterior and convenient access features contribute to a positive customer experience and operational efficiency. Serious inquiries are encouraged to explore this exceptional opportunity further. The property is ready for immediate occupancy and offers a seamless transition for a new owner. Don't miss this chance to own a successful business in a high-demand location.

Property profile

Verified
Property type Retail properties & Spaces
Lot 0.21 ac (9,148 SF)
UPID US73-5140752

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Carpet & Flooring Store Hardware & Home Improvement

Location

2240 State St Hermitage, PA 16148
Hermitage metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2240 State St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message