2656 Ellwood Rd - Retail FOR SALE


New Castle, PA 16101
$399,999 USD
724-709-0863
2656 Ellwood Rd, New Castle, PA for Sale
$399,999 USD
Retail - FOR SALE
1/6
null | Request Cap Rate

Mar '26


2656 Ellwood Rd
New Castle, PA 16101


HIGHLIGHTS

  • high visibility - high traffic
  • newly redeveloped plaza
  • open plan

OVERVIEW

Retail Plaza Property Auction - Lawrence County, PA Live/Online Auction Date: March 23rd @ 4:30 PM 2656 Ellwood Rd. New Castle PA 16101 - Shenango Commons Plaza (Parcel 6) Shenango Township - Lawrence County - Shenango Area School District Parcel # 31-3906-0119K *Advertised price of $399,999 is the Starting Bid* 40,000 SF Prime End-Cap Space in the newly redeveloped Shenango Commons. The plaza has been subdivided for easy individual acquisition, making Parcel 6 a clean, standalone investment. With occupancy in the plaza surging from 20% to 85% in just one year, this is your chance to get in on the ground floor of a massive regional turnaround. Property Highlights: Zoned C-1 Lot Size: 230'x395' (Roughly 3 Acres) Brand-new roof installed June 2025. 112 Parking Spaces Rear Loading Access Durable concrete structure, 13-foot drop ceilings, and fully sprinklered system. High Visibility and Foot Traffic Former home to high-traffic tenants T&M Hardware and Giant Eagle. Immediate Neighbors: Fine Wine & Good Spirits and Ascent Pickleball (Indoor Courts). Anchor: BC3 Community College recently opened their brand-new campus BC3 @ Lawrence in the plaza

FOR SALE DETAILS

PRICE

$399,999 USD

PRICE/SF

$4 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Parcel 5

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

112

LAND DETAILS

LAND ACRES

3 AC

LAND SF

130,680 SF

ZONING

C-1 Highway Commercial

APN/PARCEL ID

31-366405

ASK ABOUT THIS PROPERTY

Daniel ReederHostetter AuctioneersMore Info
724-709-0863

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Daniel ReederHostetter AuctioneersMore Info
724-709-0863

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