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New Castle Office/Retail Portfolio

$1,500,000

1429 New Butler Road, New Castle, PA 16101

Active
Last Updated: 03/17/2025

9.63

Cap Rate

58,912 sqft

Building Size

Details:
Cap Rate:    9.63%
Building Size:    58,912 sqft
Lot Area:    5 acres
Occupancy:    46%
Units:    19
Year Built:    1999
Zoning:    C1
Floors:    2
Parking Spots:    85
CeilingHeight:    9.5
Heating:    Gas
Cooling:    Yes
Description:

KW Commercial is pleased to present two office/retail properties on Business 422 just outside of New Castle, PA.  These multi-tenant properties feature medical, professional and service-oriented tenants, including the Veterans Administration. Nearly 50% occupied, these well-maintained assets have tremendous upside. 1429 New Butler has 11 units, with four offices on the second floor, seven retail/office spaces on the lower level, and a 9,000 SF garage that is largely unutilized.  1750 New Butler Road is anchored by the Department of Veterans Affairs, a vacant medical space, and 4 units on the lower level.


Located just outside the City of New Castle in Western, PA. Just miles from the Ohio boarder. 45 minutes from the City of Pittsburgh. One hour from New York State. 9 miles from I-79 and approximately 6 miles from I-376. High traffic commercial corridor on Business 422



14,000 Vehicles per day
less than 10 minutes to I-79 or I-376
High visibility on Business 422

Map:
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