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Georgia City Lights 3036 E State St

7,560 SF Retail Building Hermitage, PA 16148 $750,000 ($99/SF)

Investment Highlights

  • Turn Key Business
  • Outdoor Entertainment Area
  • Liquor Licence

Executive Summary

This solid concrete building was made with I Beams, so no support poles. Open 3,200 sq ft on the main floor, and a drive in basement with another open 3,200 sq ft. There is also a 1,160 sq ft apartment on the 2nd floor w/balcony. Within 2 blocks you will find your neighbors: Planet Fitness, Aldi, Advance Auto, Auto Zone, Orielly Auto, Sherwin Williams, Flynns Auto, Walgreens, Lowes and the Shenango Valley Mall redevelopment area. LOCATION! LOCATION! LOCATION! This building sits in the heart of Hermitage! Ample parking and easy in and out.

Taxes & Operating Expenses (Actual - 2022)

Annual Annual Per SF
Taxes $6,331 $0.84
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2022)

Taxes
Annual $6,331
Annual Per SF $0.84
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $6,331
Annual Per SF $0.84

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
7,560 SF
Building Class
C
Year Built
1946
Price
$750,000
Price Per SF
$99
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.31
Lot Size
0.56 AC
Zoning
CC-1 - Commercial
Parking
30 Spaces (3.97 Spaces per 1,000 SF Leased)
Frontage
177 FT on State St

Amenities

  • Corner Lot
  • Balcony

Nearby Major Retailers

Sunbelt Rentals-general Equipment & Tools
Aldi
Citizens Bank
Buffalo Wild Wings
Huntington National Bank
Applebee's
Five Guys
Red Lobster
Bob Evans Restaurants
Starbucks

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12-17340
Land Assessment
$36,300 (2024)
Improvements Assessment
$32,100 (2024)
Total Assessment
$68,400 (2024)
Annual Taxes
$6,331 ($0.84/SF)
Tax Year
2022
  • Listing ID: 16777553

  • Date on Market: 7/31/2019

  • Last Updated:

  • Address: 3036 E State St, Hermitage, PA 16148

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