Currently used as retail store for The Society of St. Vincent DePaul. Large retail area with storage in rear of building. Large parking lot. Easy access from Library Road (Rt.88) or from Grove Road. Across from "T" station. Great visibility.
Discover the perfect opportunity to establish your business in an ideal location! Nestled along Route 88 and Library Road in Castle Shannon, this versatile space offers over 2,000 square feet, ready to be customized to meet your unique needs. The building is home to two well-established businesses and a beloved antique store featuring 24 independent vendors, with a rich history spanning decades. An added bonus is the included parking, a rare and valuable amenity in this bustling area. Seize this chance to make this prime location your own!
Property is currently in auction. Located in the heart of Castle Shannon, this 9,418 sq ft building is ready for redevelopment. The building has 22 bedrooms, with all but five of the rooms having their own bathroom. Located across the street from the "T" public transportation system, there are many other possible redevelopment options, such as short-term rentals, seasonal worker housing and many more. The large parking lot can accommodate about 30 vehicles.
REDEVELOPMENT OR VALUE-ADD OPPORTUNITY TO OWN A MIXED-USE 2-STORY INVESTMENT PROPERTY THAT IS SURE TO DELIVER SIGNIFICANT RETURNS. THIS PROPERTY BOASTS NUMEROUS RECENT UPDATES, INCLUDING RENOVATED SECOND-FLOOR SPACES, RESURFACED PARKING LOT, FRESH EXTERIOR PAINTING AND LANDSCAPING. THE PROPERTY FEATURES MULTIPLE RETAIL AND OFFICE FLEX SPACES, ALL OF WHICH HAVE UNDERGONE UPDATING TO ENSURE MAXIMUM OCCUPANCY RATES. CURRENTLY, THE PROPERTY IS OCCUPIED BY LONG-TERM TENANTS WHO ARE ON SHORT-TERM LEASES, ALLOWING FOR FLEXIBILITY IN MANAGEMENT AND LEASING STRATEGIES, OR A POTENTIAL SITE REDEVELOPMENT. THIS VALUE-ADD OPPORTUNITY IS PERFECT FOR INVESTORS LOOKING FOR AN UPSIDE FOR LEASING AND TENANT REPOSITIONING. LEARN MORE ABOUT THIS EXCITING INVESTMENT OPPORTUNITY!
The median home value in Castle Shannon, PA is $240,000. This is higher than the county median home value of $156,600. The national median home value is $219,700. The average price of homes sold in Castle Shannon, PA is $240,000. Approximately 56.22% of Castle Shannon homes are owned, compared to 35.92% rented, while 7.86% are vacant. Castle Shannon real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Castle Shannon real estate agent to arrange a tour today!
Castle Shannon, Pennsylvania has a population of 8,251. Castle Shannon is less family-centric than the surrounding county with 21.59% of the households containing married families with children. The county average for households married with children is 27.98%.
The median household income in Castle Shannon, Pennsylvania is $53,041. The median household income for the surrounding county is $56,333 compared to the national median of $57,652. The median age of people living in Castle Shannon is 41.6 years.
The average high temperature in July is 82.4 degrees, with an average low temperature in January of 21.8 degrees. The average rainfall is approximately 38.4 inches per year, with 41.4 inches of snow per year.