Properties


Property Description

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 3-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!

Features
: Natural Gas, Forced Air
: Attached Carport
: Lighting, Awning(s)
: Public Sewer
Address Map
US
PA
Lackawanna
Scranton
18504
Luzerne
1316
Street
North on Main from Taylor. Left on Luzerne St . Property on the corner on Luzerne St and 14TH Ave.
R-10
Neighborhood
Scranton
Additional Details
EXP Realty LLC
Alexsis McGhee
Scranton
: Lighting, Awning(s)
$0
$0
$0
$0
Additional Information
1890
Convenience Store,Mixed,Deli/Catering
: Corner Lot, Rectangular Lot
88X42
2
2
: Public
Financial
4256.21
Listing Information
am6599
exp
1031 Exchange,Owner May Carry,Cash,Conventional
Active
2025-01-27T17:30:26Z
GSBR
: Standard
2024-12-27T06:00:00Z

Commercial Sale For Sale

1316 Luzerne Street, Scranton, Pennsylvania 18504

1,890
$299,000
Listing ID #SC6443
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : SC6443
Ref ID : GSB20241227201640067168000000
Price : $299,000
Living Area : 1,890
Year Built : 1950
Lot Area : 0.10 Acre
Status : Active
Property Sub Type : Mixed Use
Agent info
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