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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2240 State St Hermitage, PA 16148

0.21 ac lot
Property ID
US73-5140752
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Knight Carpet & Flooring, Inc. Carpet & Flooring Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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