$299,000

1316 Luzerne Street, Scranton, PA 18504, US

Summary

Bedrooms: 0
Style: Mixed Use
Sq Ft: 1890
Year Built: 1950

Moving Quotes

primary photo for 1316 Luzerne Street, Scranton, PA 18504, US

Remarks

This versatile property features a thriving convenience store in the front, a commercial kitchen in the back operating as a takeout restaurant, and an attached 2-bed, 1.5-bath apartment. Perfectly located across from a high school, the store enjoys steady foot traffic from students grabbing breakfast, lunch, and snacks daily.With a strong residential base in the area, the takeout restaurant has untapped potential for growth via delivery platforms like DoorDash, UberEats, and Grubhub.Pro forma net income delivers a solid 9 percent cap rate. The seller is open to creative financing options for the right buyer.Don't miss this income-generating, value-add opportunity--schedule your showing today!

Details

MLS#: SC6443
Price: $299,000

Style: Mixed Use
Bedrooms: 0
Sq Ft: 1890
Year Built: 1950

County: Lackawanna
Lot Size: 88X42
Tax Fee: 4256.21

School District: Scranton

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Broker Contact

EXP Realty LLC
630 Freedom Business Center Drive Suite 300
King of Prussia, PA, 19406
US
Jennifer Botchway
! (888) 397-7352 ext. 947
! pa.broker@exprealty.net

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Greater Scranton Board of Realtors MLS
Last updated: 2024-12-27T16:21:26.000-05:00.
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