3726 State St Hermitage, PA 16148-3409
This exceptional commercial property presents a unique investment opportunity in Hermitage, PA. The offering encompasses two buildings situated on a sizable 2.14-acre lot, providing ample space and potential for a variety of commercial ventures. Building #1, a 1 1вЃ„2-story structure, offers 1,620 square feet of usable space. Building #2, a single-story building, provides a significantly larger footprint of 7,533 square feet. The property also includes a paved parking lot with a generous 37 parking spaces, ensuring convenient access for customers and employees. The property's previous use as a hospitality care facility offers a versatile foundation for diverse commercial applications. Its strategic location near the former Shenango Valley Mall and the planned Town Center development presents significant advantages, promising increased foot traffic and visibility. This prime location offers excellent potential for growth and return on investment, making it an attractive proposition for discerning buyers seeking a substantial commercial property in a developing area. The expansive lot size and existing infrastructure provide a solid base for immediate occupancy or future expansion, catering to a wide range of business needs. This is a rare opportunity to acquire a well-positioned commercial property with significant potential in a rapidly evolving area. The asking price is $549,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.