The Washington Centre Plaza is listed for sale, according to an online listing. However, according to the owner, that was a leftover from a failed bid to acquire the Cascade Galleria. The 24,418-square-foot property, at 4-30 N.
Mill St., is being listed at $1.2 million on LoopNet.
com . The plaza is owned by Pittsburgh-based 2BOrNot2B, according to Lawrence County assessment records. “It’s on the market,” said company Managing Partner Thomas Wilson.
Wilson said the company attempted to purchase the Cascade Galleria, at 100 S. Jefferson St., for $4.
5 million during its auction from April 29 through May 1. The offer was rejected. Wilson said Washington Centre was placed for sale to help go towards the payment of the Cascade Galleria bid.
He said, if the Galleria was purchased, the company would look to remove any asbestos left in the space, pull old tanks, subdivide the property and put it back on the market. Washington Centre was built in 1974 and renovated in 2011. KW Commercial realtor Keri Thomas said the listing is still active.
The plaza consists of the New Castle office of state Rep. Marla Brown (R-Lawrence), Boost Mobile, Washington Centre Physical Therapy, the county office of Catholic Charities through the Diocese of Pittsburgh, New Horizons Treatment Center, Raven’s Hair & Beauty Supply, Detailz Hair Studio, Giantman Comics & Collectibles, Diversified Advisor Group LLC and Times Like These. There is a vacancy at 30 N.
Mill St. Wilson said the company is looking to lease out the space, while also possibly expanding existing tenants. Forward Lawrence CEO Ben Bush said while some companies will post listings on their properties to actively sell them, some will list properties to “test the market” and see what kind of offers they can get.
There are separate listings for the First National Bank branch at 32 N. Mill St. and the former PNC Bank branch at 2 N.
Mill St. that bookend the plaza. The FNB property, at 7,460 square feet, is listed at $1,045,000 and is owned by Pittsburgh-based JAH Industries Delaware LLC.
According to the listing, the current lease agreement for First National Bank at the property expires on March 29, 2029, which began on March 29, 2012. Story continues below video The former PNC branch, at 9,118 square feet, is owned by Torrey Realty Holdings Inc. of Del Mar, California.
The listing specifies the space is for lease at a price to be determined. Other commercial properties in the county have online listings for sale or lease. These include: •Cascade Galleria, 100 S.
Jefferson St. (sale or lease, price upon request) •Former McKesson plant, 2798 New Butler Road, Shenango Township (price upon request) •Former Ellwood City Medical Center, 724 Pershing St. and 304 Evans Drive (lease, price upon request) •Former Kmart building in Shenango Commons plaza (lease, price upon request) •Former Sparkle Market building, 2016 W.
State St. at Westgate Plaza, Union Township (lease, price upon request), •The Pier Building Complex, 253 E. Washington St.
($2 million) •20 E. South St., New Castle ($480,000) •Former Rite Aid building, 1730 Wilmington Road at Call’s Plaza, Neshannock Township (lease, price upon request) •Rite Aid, 115 5th St.
, Ellwood City ($5,714,400) •2400 Wilmington Road, Neshannock Township ($638,700) •Dollar General, 2593 Benjamin Franklin Highway, Edinburg ($1,845,230) and 3137 State Route 18, Wampum ($1,476,000) •Former Tanglewood Golf Course with the executive home, 318 Tanglewood Road, Pulaski Township ($2,200,000). [email protected].
