Retail

Hermitage, PA Retail Properties & Spaces for Sale

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Walmart Shadow Anchored Retail Center
Updated: Mar 5
Walmart Shadow Anchored Retail Center

1041 N Hermitage Rd, Hermitage, PA 16148

$5,385,000
52,492 sqft
Walmart Shadow Anchor: High traffic location next to a Walmart Supercenter with nearly 3M annual visits.
Immediate Value‑Add Upside: 79.2% occupancy with 11,011 SF of vacant space for lease‑up.
Strong Anchor Tenants: Anchored by Petco, Aspen Dental, T‑Mobile, and UPMC, ensuring consistent traffic.
Below Replacement Cost: Offered significantly below replacement cost.
Spin‑Off Opportunity: Can be sold in multiple parts, including a strip center and pad site, offering flexibility.
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Hermitage Retail Space For Sale
Updated: Mar 17
Hermitage Retail Space For Sale

3100 Shenango Valley Fwy, Hermitage, PA 16148

$1,999,000
4,990 sqft
This request contains no property information to analyze and extract selling points from.
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Hermitage Commercial Property For Sale
Hermitage Commercial Property For Sale

185 N Buhl Farm Dr, Hermitage, PA 16148

$129,000
0.17 AC lot

Commercial property in Hermitage, PA, suitable for various business or investment.

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Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 3 Active listings in Hermitage, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mercer Retail Building For Sale
Mercer Retail Building For Sale

127 North Diamond Street, Mercer, PA 16137

$172,811
2,960 sqft 0.31 AC lot

2,960 SF retail building in Mercer, Pennsylvania.

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Three-Suite Commercial Building
Three-Suite Commercial Building

28 Jacobs Road, Youngstown, OH 44505

$165,000
0.24 AC lot

Three commercial suites with one leased restaurant and bar, plus ample parking for customer-friendly access.

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59.25 Acres on Perry Highway
59.25 Acres on Perry Highway

1039 Perry Hwy, Mercer, PA 16137

$1,600,000
59.25 AC lot

59.25 acres ideal for industrial, commercial, or mixed-use development.

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Youngstown Chipotle with Drive-Thru
Youngstown Chipotle with Drive-Thru

4100 Belmont Ave, Youngstown, OH

$2,049,152
2,325 sqft 0.61 AC lot

Corporate guaranteed Chipotle lease with drive-thru and freeway access.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Hermitage Commercial Land For Sale
Hermitage Commercial Land For Sale

619 - 649 N Hermitage, Hermitage, PA 16148

$925,000
1.87 AC lot

Two contiguous commercial parcels totaling 1.87 acres in Hermitage, PA.

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Commercial Development Lot
Commercial Development Lot

920 N Hermitage Road, Hermitage, PA 16148

$399,900
1.01 AC lot

Commercially zoned lot with paved surface and existing utilities for ready-to-build development.

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Paved Commercial Lot with Utilities
Paved Commercial Lot with Utilities

920 N Hermitage Road, Hermitage, PA 16148

$449,900
1.01 AC lot

A paved commercial lot in Hermitage’s commercial district with existing utilities, supporting a range of site-ready development plans.

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Prime Commercial Lot on Route 18
Prime Commercial Lot on Route 18

920 North Hermitage Road, Hermitage, PA 16148

$449,900

Commercial lot in Hermitage with utilities and paved surface.

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Off-Market Properties in Hermitage, PA

Consider similar Off-Market properties in Hermitage, PA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

8313 Perry Hwy
Retail properties & Spaces

8313 Perry Hwy, Hermitage, PA 16148

Value Estimation by Request
0.43 AC lot
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568 Hermitage Rd
Vineyards

568 Hermitage Rd, Hermitage, PA 16148

Value Estimation by Request
6,065 sqft
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1950 State St
Lifestyle centers

1950 State St, Hermitage, PA 16148

Value Estimation by Request
1,200 sqft
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1700 Forker Blvd
Motels

1700 Forker Blvd, Hermitage, PA 16148

Value Estimation by Request
47.26 AC lot
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3035 Lynnwood Dr
Distribution properties

3035 Lynnwood Dr, Hermitage, PA 16148

Value Estimation by Request
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2240 State St
Retail properties & Spaces

2240 State St, Hermitage, PA 16148

Value Estimation by Request
0.21 AC lot
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Hermitage, PA Retail Properties & Spaces Market Trends and Statistics

Explore 9 retail properties & spaces for sale in Hermitage, PA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 57,482 square feet of properties for sale, with an estimated market value of $7,384,000.

Sale prices for stores in Hermitage, PA start at $1,999,000, averaging $3,692,000, and reaching up to $5,385,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 2

Demographics Overview

Population 17K
Population Growth (5Y) +2.0%
Median Household Income $72,680
College Educated 49.6%

High-Yield Neighborhoods for Investment

Identify Hermitage submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
16148 $2.6M

Taxes & Financing

Tax Rate (average for all types) 9.54%
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Mercer County

New Delisted

Total CRE Inventory on Market (SF)

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