Shopping Center

Hermitage, PA Shopping Centers for Sale

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Farrell, PA Masury, OH Sharon, PA 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 hot listings in Hermitage

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a 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.

Six-Unit Retail Plaza
Six-Unit Retail Plaza

231 Main Avenue SW, Warren, OH 44481

$1,500,000
1.06 AC lot

All six storefronts are leased, and the property offers access from multiple points.

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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 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.

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Shopping Center Along Route 422
Shopping Center Along Route 422

1983 Ridge Rd, Warren, OH 44484

Contact for pricing

Shopping center positioned along a high-traffic route serving south Warren and northern Niles.

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

Estimated value: 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 3
Storefront properties 3
Showrooms 1

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 $3.4M

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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