Map of Property

Multifamily Conversion Opportunity

320 East Lincoln Avenue & 316 - 318 Rhodes Place, New Castle, PA 16101

  • For Sale Subject To Offer
  • Property Type Multi-Family
  • Property Size 60,000 SF
  • Units 83
  • Lot Size 2.91 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated Apr 15, 2024
The subject sites are directly acrosse from New Castle High School and located on cross streets East Licolnn Ave and Rhodes Place in New Castle.A tremendous value-add opportunity for a multi-family conversion directly behind the New Castle High School. This portfolio consists of three buildings on two parcels: a 71-bed personal care, 4-unit mansion, and 12-unit partially occupied apartment building. This financially distressed opportunity is under a wrap mortgage and must be sold in one transaction.

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Highlights

  • - Financially distressed property
  • - Over 60,000 SF spread across three buildings
  • - Must sell scenario
  • - Beauitful Grounds
  • - Ample Parking
  • - Prime location

Contacts

broker

Paige Myers

Totum Realty Advisors

(412) 745-5000

Location

Getting Around

  • Walk Score ®

    59/100 Somewhat Walkable

  • Bike Score ®

    26/100 Somewhat Bikeable
Powered by Walk Score ®
  • City New Castle, PA
  • Neighborhood New Castle
  • Zip Code 16101
  • Market Pittsburgh

Points of Interest

  • Speedway

    0.46 miles

  • BP

    0.74 miles

  • Sunoco

    0.78 miles

  • Sunoco

    1.26 miles

  • Cascade Express

    1.49 miles

  • GetGo

    2.03 miles

  • Marathon

    2.76 miles

  • Sheetz

    3.13 miles

  • GetGo

    3.45 miles

  • Red Apple Kwik FIll

    3.50 miles

  • New Castle Parking Garage

    0.47 miles

  • Mohawk Elementary School

    6.08 miles

  • Portersville Park & Ride

    9.63 miles

  • Quality Inn

    2.04 miles

  • Hampton Inn & Suites New Castle

    3.21 miles

  • Holiday Inn Express & Suites

    3.36 miles

  • Candleford Inn

    8.61 miles

  • Dunkin' Donuts

    0.35 miles

  • The Confluence

    0.47 miles

  • Two Rivers Artisan Coffee Works

    0.49 miles

  • Little Johnny's II

    0.49 miles

  • China Banquet

    0.50 miles

  • Domino's

    0.54 miles

  • Subway

    0.54 miles

  • MP Coney Island

    0.55 miles

  • Burger King

    0.67 miles

  • Edward's Restaurant & Lounge

    0.72 miles

  • New Castle Junior-Senior High School

    0.17 miles

  • Harry W. Lockley Early Learning Center

    0.58 miles

  • Croton Elementary School

    0.86 miles

  • George Washington Intermediate School

    0.89 miles

  • New Castle Christian Academy

    0.93 miles

  • Benjamin Franklin Early Learning Center

    1.05 miles

  • Saint Vitus School

    1.13 miles

  • Thaddeus Stevens Elementary School

    1.20 miles

  • Lincoln Garfield Elementary School

    1.32 miles

  • Hickory Heights School

    1.43 miles

  • Little Lambs

    8.11 miles

Frequently Asked Questions

What is the total square footage of Multifamily Conversion Opportunity?

Multifamily Conversion Opportunity totals 60,000 square feet.

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Contact Listing Broker

broker

Paige Myers

Totum Realty Advisors

(412) 745-5000