Shopping Center

Hermitage, PA Shopping Centers for Sale

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Farrell, PA Sharon, PA Masury, OH West Middlesex, PA Sharpsville, PA Brookfield, OH New Castle, PA Hubbard, OH
Fully Leased Strip Retail Plaza
Updated: Sep 4
Fully Leased Strip Retail Plaza

3170 E State St, Hermitage, PA 16148

$1,425,000
13,548 sqft
13,548‑square‑foot strip retail plaza
Entire plaza is leased
Located at 3170–3180 E State St
Situated in a high‑traffic area
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Walmart Shadow Anchored Retail Center
Updated: Mar 27
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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See what stands out in Mercer County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Hermitage, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Multi-Tenant Shopping Center
Multi-Tenant Shopping Center

6151 South Ave, Boardman, OH 44512

Contact for pricing
96,330 sqft

Corner retail property with established occupants and convenient access to I-680.

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Retail Investment Property For Sale
Retail Investment Property For Sale

1716 S Raccoon Rd, Youngstown, OH

Contact for pricing
8,700 sqft 1.09 AC lot

Multi-tenant investment property with frontage on Raccoon Rd and New Rd.

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Retail Shopping Center
Retail Shopping Center

1300 Boardman Poland Rd, Boardman, OH 44514

Contact for pricing
179,791 sqft

Anchored by multiple national and regional tenants within a large retail shopping center.

View details
Retail Center on High-Traffic Route
Retail Center on High-Traffic Route

60 Boardman-Canfield Rd, Youngstown, OH 44512

Contact for pricing
9,041 sqft 0.75 AC lot

Neighborhood shopping center with redevelopment potential on a high-traffic road.

View details

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.

1950 State St
Lifestyle centers

1950 State St, Hermitage, PA 16148

Value Estimation by Request
1,200 sqft
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Hermitage, PA Shopping Centers Market Trends and Statistics

Explore 3 shopping centers for sale in Hermitage, PA on our real estate platform. These investment opportunities span a total of 66,040 square feet of properties for sale, with an estimated market value of $6,810,000.

Sale prices for plazas in Hermitage, PA start at $1,425,000, averaging $3,405,000, 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 4
Storefront properties 4
Showrooms 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 $5.4M

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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