101-111 PENN AVE, Scranton, PA 18503 (MLS# 16-4480)

101-111 PENN AVE
Scranton, PA 18503
MLS# 16-4480
Status: Closed
8 baths  |  37870 sqft

101-111 PENN AVE, Scranton, PA 18503
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101-111 PENN AVE, Scranton, PA 18503 101-111 PENN AVE, Scranton, PA 18503 101-111 PENN AVE, Scranton, PA 18503 101-111 PENN AVE, Scranton, PA 18503

Property Description
Additional operating expenses are available upon request. The Samter building is a historical building which was used for the retail of upscale clothing in its early days and designed with the Chicago School style. It offers an ideal layout for the re-purpose use of first floor retail and apartments for floors 2-5. The Samter building offers large and ample windows, a corner lot, two elevators extending from the basement to the 5th floor, and men and women bathrooms and a mechanical room on each of the floors 1-4. Garage parking is available across the street and a few blocks away at Marketplace at Steamtown. Street parking is also available.

Price, Tax & Location Information
Current Price: $500,000
Street Number: 101-111
Street Name: PENN
Street Suffix: AVE
City (Post Office): Scranton
State/Province: PA
Zip Code: 18503
County: Lackawanna
School District: Scranton
Region: Central City
Municipality: Scranton City
List Price: $500,000
Ind/Office Park: N/A
Tax ID Number: 15626020027
Tax Information: Available
Land Value: 85050
Improvement Value: 10000
Total Assessment: 95050
Est County Tax: 5457.77
Est Municipal Tax: 20281.55
Est School Tax: 11764.34
Est Total Taxes: 37503.66
Deed Book/Page: 200320445
Zoning: Commercial
Property Information
Realtor.com Type: Commercial
Tot SF Fin +/-: 37870
SqFt Retail: 6372
SqFt Other: 8709
Year Built: 1923
Stories: 5
Acres +/-: 0.25
Lot/Land Dimensions: 130 x 56
Road Frontage: 185
Tracts(Seprt Deeds): No
Garage: No
Total Bathrooms: 8
Environmental Survey: No
Foreclosure: Yes
Foreclosure Deed Recorded: Yes
Auction: No
Directions & Remarks
Geo Lat: 41.408638
Geo Lon: -75.667631
Additional Info: Gross Bldg area: Basement(9,844), floor 1(7,249 sf), 2(7,302), 3(6,439, 4(6,439), 5(6,439)
Office Information
Status: Closed
Under Contract Date: 2016-11-01
Sold Price: 500000
Sold Date: 2016-12-30
How Sold: Conventional
Oil Gas Min Rights
Prop Subject to Lse: No
Public: Municipal
Property Features
Location: Central Business Dst; General Business; Regional Mall
Topography: Level
Driveway: None
Parking: Other - See Remarks
Present Use: Vacant
Included in Sale: Building; Land
Property Features: Basement; Corner Lot; People Elevator; Prime Location; Restrooms
Exterior: Stone
Roof: Rubber
Flooring: Concrete Above Grade
Ceiling Height: 13' to 16'
Overhead Door Height: No Overhead Door
Electrical Service: Circuit Breakers; 3 Phase Electric
Heat Type: Steam
Heat Fuel: Gas
Cooling: None
Water: Public
Waste: Public
Tax Benefits Program: None
Financing: Cash
Possession: Immediate

Listing Office: Hinerfeld Commercial Real Estate

Last Updated: December - 26 - 2017

Information provided by the Greater Scranton Board of REALTORS MLS. Information is for consumers personal noncommercial use, and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Consult the specific municipality for permitted Zoning uses.

Thursday 22nd of March 2018 07:36 PM