2501 Wilmington Rd - Medical FOR SALE


New Castle, PA 16105
$1,999,999 USD
724-202-1174
2501 Wilmington Rd, New Castle, PA for Sale
$1,999,999 USD
Medical - FOR SALE
1/30
null | Request Cap Rate

2501 Wilmington Rd
New Castle, PA 16105


HIGHLIGHTS

  • Discover 2501 Wilmington Road, a premier Class B office building offering 79,860 square feet of flexible business space on over 8 acres.
  • Recently renovated, move-in-ready property provides businesses with a strategic location and customizable layouts for growth and success.
  • Previously home to Liberty Mutual Insurance, the building features a prestigious white stone façade, cafeteria, and over 600 parking spaces.
  • Enjoy seamless access to Interstate 376, with Pittsburgh International Airport just 45 minutes away and nearby hotels for business travelers.
  • Located near top retailers like Walmart Supercenter, Dunkin’, and Lowe’s, plus essential services like UPMC and the Department of Transportation.
  • Enterprise Zone Tax Credit eligibility and proximity to a skilled workforce of over 45,000 residents make it a valuable investment opportunity.

OVERVIEW

2501 Wilmington Road is a premier investment opportunity in New Castle, Pennsylvania. It offers a multi-story, approximately 80,000-square-foot office building on over 8 acres. This well-maintained Class B asset offers flexible configurations ranging from 26,620 square feet per floor to a full 79,860 square feet, making it ideal for owner/users or value-add investors. Formerly home to Liberty Mutual Insurance, the building features a distinctive white stone façade, two elevators, two loading docks, a cafeteria, over 600 surface parking spaces, monument signage, and a landscaped picnic area. Renovated in 2019, the interior features open, light-filled layouts with expansive windows. Delivered vacant, 2501 Wilmington Road is ready for immediate occupancy or repositioning to meet market demand. Strategically located along a major thoroughfare with over 15,000 vehicles passing daily, 2501 Wilmington Road offers excellent visibility and accessibility. Just minutes from Interstate 376, the University of Pittsburgh Medical Center (UPMC), and the Pennsylvania Department of Transportation, the property benefits from strong regional connectivity. The surrounding area features a robust retail presence, including Walmart Supercenter, Lowe’s, Dunkin’, McDonald’s, KFC, Walgreens, and several national and regional businesses. For business travelers, Pittsburgh International Airport is just 45 minutes away, with nearby hotels like Holiday Inn Express and Hampton Inn adding convenience. Located in Lawrence County, approximately 45 miles northwest of Pittsburgh, New Castle is a historic city with a diversified economy and a growing commercial presence. With a population exceeding 45,000 within 5 miles and eligibility for Enterprise Zone Tax Credits, this location offers significant economic advantages. As New Castle continues its revitalization, supported by increasing rental rates and public investment, 2501 Wilmington Road presents a rare opportunity to own a sizable, modern office facility in a strengthening market.

FOR SALE DETAILS

PRICE

$1,999,999 USD

PRICE/SF

$25 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

600

LAND DETAILS

LAND ACRES

7.35 AC

LAND SF

320,166 SF

ZONING

R/3

APN/PARCEL ID

25-229500

ASK ABOUT THIS PROPERTY

Justin BartholomewPennmark Management Company, Inc.More Info
724-202-1174

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Justin BartholomewPennmark Management Company, Inc.More Info
724-202-1174

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.