New Castle, PA Commercial Real Estate for Lease and Sale

Explore 15 listings of New Castle commercial real estate to find the best space for your business.

Rhodes Estates

316 - 318 Rhodes Pl, New Castle, PA
Property

Other

50,000 SF
Year Built

1982
For Sale

$1,200,000
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The Pier Building Complex

253 E Washington Street, New Castle, PA
Property

Office

47,000 SF
Availability

3 Spaces

46,998 SF
Year Built

1997
For Lease

$10.00/SF/YR
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Multifamily Conversion Opportunity

320 East Lincoln Avenue & 316 - 318 Rhodes Place, New Castle, PA
Property

Multi-Family

60,000 SF
For Sale

Subject To Offer
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1 Lucymont Drive

1 Lucymont Drive, New Castle, PA
Property

Other

34,111 SF
For Sale

$1,000,000
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Up to 40,000 SF Available in Central New Castle Location | Cascade Galleria: 100 S Jefferson St

100 S Jefferson St, New Castle, PA
Property

Retail
Availability

1 Space

40,000 SF
For Lease Contact for pricing
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50 Margaret St

50 Margaret St, New Castle, PA
Property

Industrial

7,800 SF
Year Built

2001
For Sale

$430,000
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320 East Lincoln Ave

320 East Lincoln Ave, New Castle, PA
Property

Multi-Family

10,000 SF
Year Built

1920
For Sale

$499,999
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Former St. Joseph the Worker

1111 S. Cascade St, New Castle, PA
Property

Other

43,184 SF
For Sale

$1,045,000
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7,500 SF Industrial Warehouse in Shenango Industrial Park

354 Commerce Ave, Shenango, New Castle, PA
Property

Industrial

7,500 SF
Year Built

1984
For Sale

$599,000
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Former Dollar General

2400 Wilmington Road, New Castle Northwest, New Castle, PA
Property

Retail

8,400 SF
Availability

1 Space

8,400 SF
For Lease

$10.00/SF/YR
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2501 Wilmington Road

2501 Wilmington Road, New Castle Northwest, New Castle, PA
Property

Office

79,862 SF
For Sale

$1,750,000
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2611 Ellwood Road

2611 Ellwood Road, Shenango, New Castle, PA
Property

Retail

62,121 SF
Availability

1 Space

7,800 SF
Year Built

1952
For Lease Contact for pricing
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25 Frenz Road

25 Frenz Road, Oakwood, New Castle, PA
Property

VacantLand

25 Acre
For Sale

$525,000
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Flex Office Building

3120 Wilmington Rd, Oakwood, New Castle, PA
Property

Office

9,304 SF
Availability

1 Space

2,100 SF
Year Built

2009
For Lease

$13.00 - $15.00/SF/YR
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2800-2900 US Route 422

2800-2900 US Route 422, Shenango, New Castle, PA
Property

VacantLand

55.6 Acre
For Sale

$985,900
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The New Castle commercial real estate market incorporates 47,000 square feet of office space across 1 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities.

The listing inventory in New Castle incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in New Castle is represented by Office space, which accounts for 46,998 square feet of available listings. Retail space available in New Castle adds up to 40,000 square feet.

Meanwhile, most of the listings of commercial property for sale in New Castle are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in New Castle, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property.

Conversely, the highest sale price last year was $10,375,000 that is located at 26 Nesbit Road.

The average size of a commercial property in New Castle depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In New Castle, the average size of an office property is 47,000 square feet.

New Castle, PA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in New Castle currently add up to 86,998 square feet. The market offers 1 active office listing(s), which amount to 46,998 square feet and account for 50% of commercial spaces on the market. Local retail availability includes 40,000 square feet across 1 retail space(s).

Property Type	Count of Listings	Total SF
Office	1	46,998
Retail	1	40,000

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in New Castle, PA. Currently, there is 205,095 square feet of commercial property for sale here , which includes 1 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Industrial	1	7,800
Other	5	197,295

New Castle, PA Commercial Real Estate for Lease and Sale

Rhodes Estates

The Pier Building Complex

Multifamily Conversion Opportunity

1 Lucymont Drive

Up to 40,000 SF Available in Central New Castle Location | Cascade Galleria: 100 S Jefferson St

50 Margaret St

320 East Lincoln Ave

Former St. Joseph the Worker

7,500 SF Industrial Warehouse in Shenango Industrial Park

Former Dollar General

2501 Wilmington Road

2611 Ellwood Road

25 Frenz Road

Flex Office Building

2800-2900 US Route 422

Frequently Asked Questions

New Castle, PA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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New Castle, PA Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in New Castle, PA?

What factors affect the price of commercial real estate in New Castle, PA?

What are the best areas for commercial real estate in New Castle, PA?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in New Castle, PA?

New Castle, PA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us