354 Commerce Ave New Castle, PA 16101-7624
- Manufacturing properties
- 7,560 SF
- 4.21 lot acres
Jun 30, 2025
Current Use by Public Records
- SSD Distribution System / Distribution Service
Property Details for 354 Commerce Ave
- Lot size
- 4.21 lot acres
- Property size
- 7,560 SF
- Zone code
- C/1
- Property type
- Manufacturing properties
- APN
- 31-082300
- APU
- 31082300
Description
This 7,500-square-foot industrial warehouse, situated on a 4.21-acre lot in the desirable Shenango Industrial Park in New Castle, Pennsylvania, presents a compelling opportunity for owner-users or investors. The property boasts a strategic location directly off US Route 422, benefiting from excellent visibility and convenient access to major transportation routes. The building, constructed in 1984 and renovated in 2000, features a spacious 5,000-square-foot warehouse with a mezzanine, complemented by 2,500 square feet of well-appointed office space. The office area includes six private offices, a conference room, and a kitchenette, providing ample space for administrative functions. The warehouse itself offers a generous clear height of 18' 5" at the peak and 15' 7" at the walls, along with convenient loading capabilities including one dock-high door and two 14-foot grade-level drive-in/drive-through doors. The property is equipped with modern amenities such as LED lighting, a robust 3-phase 480V power system with two transformers, radiant heat in the warehouse, and full HVAC in the office area. Additional features include ample parking for eight or more cars, plus a dedicated truck court and trailer parking. The property is zoned IP Industrial Park and benefits from public sewer and water utilities. The asking price is $599,000, translating to $79.87 per square foot. This property is ideally suited for a variety of industrial uses and offers significant potential for growth and return on investment. The property's location within Shenango Industrial Park places it amongst established businesses such as Almega Plastics, Ferguson Perforating, Superior Forge & Steel, DS Smith, and Gardner Steel Corporation, further enhancing its appeal and value. Pylon signage availability at the park entrance provides additional marketing opportunities. The APN is 31-082300.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $405,000
- ML approach
- $455,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $287,000
Market price range: $121k - $320k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $665,000
- OFFICE BUILDING
- $645,000
- COMMERCIAL (GENERAL)
- $560,000
- WAREHOUSE, STORAGE
- $505,000
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Location Insight
- Map
- Local Demand
- City
- New Castle
- County
- Lawrence
- State
- Pennsylvania
- Longitude
- -80.2929
- Latitude
- 40.992
- CBSA code
- 35260
- CBSA name
- NEW CASTLE, PA MICROPOLITAN STATISTICAL AREA