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$250,000
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Property Description
Located across from the bus station, this 3-story commercial property offers an outstanding opportunity in the heart of downtown New Castle. With 11,000 total sf of space and a parking lot accommodating 18 vehicles, this versatile building is ideal for investors or business owners looking for a high-visibility location. Street level features a beautiful storefront currently home to a long-standing, successful paint company, offering instant rental income. The 2nd floor is a wide-open blank canvas, ready to be customized to suit your business needs or leased for additional revenue. The 3rd floor is fully leased to a popular local boxing club, adding stability and character to the building. Additional amenities include a full basement for storage or operational use, an overhead delivery door for truck access, and several new windows bringing in great natural light. The property benefits from a highly walkable location with easy access to transportation and downtown amenities.
Full Property Details
Full Property Details for 318 E Washington St
General
- Price: $250,000
- Taxes: $3,810
- Status: Active
- Type: Office
- Source: West_Penn_MLS
- MLS ID: 1698488
- Updated: 9/11/2025
- Added to Site: 290 day(s) ago
Parking
- Total Spaces: 18
Location
- County: Lawrence
- Driving Directions: From downtown New Castle, E on E Washington Street, Property on Right
Utilities
- Utility Description: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Structural Information
- Construction: Brick
Unit Information
- Vacancy %: 33
Lot Features
- Lot Size (Acres): 0.092
- Lot Dimensions: 40 x 100
- Frontage: State Road
- Zoning: C2
Financial Considerations
- Assessment Amount: $97,000
- Tax Amount: $3,810
Listing courtesy of Howard Hanna Real Estate Services
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Schools
Schools serving 318 E Washington St
School District:New Castle Area School District
| Name | Grades | Distance |
|---|---|---|
New Castle Junior-Senior High School 300 East Lincoln Avenue, New Castle, PA 16101 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 318 E Washington St
Date
Details
Price
Change
Source
4/27/2025
Listed
$250,000
257.14%
MLS
7/01/2020
Sold
$70,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 318 E Washington St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,868
2%
$97,000
—
2023
$3,810
—
$97,000
—
2022
$3,800
2%
$97,000
—
2021
$3,734
1%
$97,000
—
2020
$3,703
3%
$97,000
—
2019
$3,606
—
$97,000
—
2018
$3,606
2%
$97,000
—
2017
$3,537
3%
$97,000
—
2016
$3,440
3%
$97,000
—
2015
$3,326
—
$97,000
—
2014
$3,326
1%
$97,000
—
2013
$3,285
—
$97,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 318 E Washington St
318 E Washington Street, New Castle, PA 16101 (MLS# 1698488) is a Office property. 318 E Washington Street is currently listed for $250,000 and was received on April 27, 2025. Want to learn more about 318 E Washington Street? Do you have questions about finding other Office real estate for sale in New Castle? You can browse all New Castle real estate or contact a Coldwell Banker agent to request more information.

