Shopping Center

Hermitage, PA Shopping Centers for Sale

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Farrell, PA Sharon, PA Masury, OH West Middlesex, PA Sharpsville, PA Hubbard, OH Yankee Lake, OH Youngstown, OH
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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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 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, 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.

Retail Investment Property For Sale
Retail Investment Property For Sale

1716 S Raccoon Rd, Youngstown, OH

$399,000
8,700 sqft 1.09 AC lot

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

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End-Cap Retail Space with Rear Loading
End-Cap Retail Space with Rear Loading

2656 Ellwood Rd, New Castle, PA 16101

Contact for pricing
40,000 sqft 3.00 AC lot

40,000 SF end-cap offered in Shenango Commons with concrete construction, rear loading, and 112 parking spaces.

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Retail Space in Westgate Plaza
Retail Space in Westgate Plaza

2090 W State St, New Castle, PA

Contact for pricing
3,000 sqft 1.22 AC lot

Retail space available within a shopping center anchored by Sparkle Market.

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Retail Center on High-Traffic Route
Retail Center on High-Traffic Route

60 Boardman-Canfield Rd, Youngstown, OH 44512

$1,150,000
9,041 sqft 0.75 AC lot

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

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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.

Corner Commercial Development Land
Corner Commercial Development Land

2751,2747 Darlington Rd, Beaver Falls, PA 15010

$450,000
2.40 AC lot

Three-lot parcel on Darlington Road with direct corner access and prominent frontage for a range of commercial uses.

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Prime Corner Lot in Aurora
Prime Corner Lot in Aurora

V/L 14 AC State Route 82, Aurora, OH 44202

$1,399,000
14.15 AC lot

14.15 acres of C2-zoned commercial land for sale.

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Eastlake Marina District Land
Eastlake Marina District Land

35783 Lake Shore Boulevard, Eastlake, OH 44095

$765,000
5.66 AC lot

5.66 acres in Eastlake's Marina District, primed for development.

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Route 2 Development Opportunity
Route 2 Development Opportunity

1620 Main Street, Follansbee, WV 26037

$1,250,000
11.00 AC lot

Over 11 acres of premium land on Route 2.

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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.

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 2 shopping centers for sale in Hermitage, PA on our real estate platform. These investment opportunities span a total of 52,492 square feet of properties for sale, with an estimated market value of $5,385,000.

Sale prices for plazas in Hermitage, PA start at $5,385,000, averaging $5,385,000, 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 $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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