Remarks

Welcome to the heart of downtown Scranton, where opportunity meets prominence. This centrally located property serves as the welcoming gateway to the city's rejuvenated downtown. As you step through the front door of Scranton, you'll find yourself passing beneath the shadow of this iconic building.This property is situated within a Federal Opportunity Zone and features versatile space totaling 10,600 square feet, comprising four retail units, a 2,100 square foot office area, and a 3,100 square foot bar/restaurant. Currently, the bar/restaurant space is vacant, offering a blank canvas for your entrepreneurial vision or the opportunity to attract new tenants.Strategically positioned, this property enjoys a prominent address just across the street from the historic Radisson Hotel and is only one block away from the Hilton Hotel, providing unparalleled visibility and proximity to some of the city's most iconic landmarks.The intersection of education and commerce is here, as the property is just one block from the University of Scranton, making it an ideal locale for businesses catering to the academic community. Furthermore, it's nestled near the revitalized area of downtown Scranton, placing it at the heart of the city's resurgence and offering a front-row seat to its vibrant future.Don't miss the chance to be a part of Scranton's downtown revival. Whether you're seeking an investment property or the perfect location for your business, this property offers a unique blend of location, income potential, and endless possibilities.

Details

MLS#: 234217
Price: $980,000

Style: Mixed Use
Bedrooms: 0
Sq Ft: 10600
Year Built: 1925

County: Lackawanna
Lot Size: 50X160
Tax Fee: 18740.9

School District: Scranton