Remarks

Prime Investment Opportunity! Located in one of Scranton's most high-traffic and walkable commercial areas, this stunning 5,500 sq. ft. brick building is home to five thriving businesses and offers over 4,000 sq. ft. of active commercial space. Recently updated throughout, this property boasts numerous renovations including new floors, updated walls and bathrooms, modern lighting, new sewer lines, and brand-new awnings wrapping the entire building. The Exterior has been freshly painted and is consistently well-maintained by the owner. Situated at Green Ridge Corners--a bustling hub surrounded by neighborhoods, restaurants, diners, and retail--this location benefits from both heavy foot traffic and easy access to major highways. It's just minutes from downtown Scranton and within approximately two hours of NYC, New Jersey, and Philadelphia. The property generates strong, consistent income with reliable tenants who pay on time. With over a Cap Rate over 9, this is a high cash-flow investment perfect for both seasoned and new investors. The current owner has poured care into transforming this building into something truly special.Don't miss your chance to own a turn-key commercial property in a prime location with exceptional income potential.Information and measurements aren't Guaranteed or Warranted.

Details

MLS#: SC251518
Price: $575,000

Style: Business
Bedrooms: 0
Sq Ft: 5500
Year Built: 1940

County: Lackawanna
Lot Size: 110X25X108X25
Tax Fee: 5041.09

School District: Scranton