Commercial Property for Sale in Factoryville, PA

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Commercial Sale For Sale

1123 SR 307, Factoryville, Pennsylvania 18419

Property has a security gate @ road. Please DO NOT access property w/out Listing Agent. A list of permissible uses is available from Listing Agent to qualified interested parties.

Commercial Sale For Sale

173 Sr 107, Factoryville, Pennsylvania 18419

HUGE PRICE REDUCTION! BRING YOUR OFFER!Commercially zoned property currently being used as a Beer Distributor. Established business with (D) Malt Distributor licenses in Wyoming County. 3000sq/ft of indoor space, including 700sq/ft of cooler space inside 2 separate coolers.Current Inventory negotiable., Tax Information: Available, Additional Info: Currently only open 44 hours per week.

Commercial Sale For Sale

213 New Hope Lane, Factoryville, Pennsylvania 18419

This property sits on 36+ acres with outstanding views in a private location The main building is 8,250 sq ft+ that was built as a 27 bed personal care home and was also used as a drug and alcohol rehab. The main building has a commercial kitchen +equipment, a large common recreation room and all new windows.

Commercial Sale For Sale

1991-2049 Sr 6, Factoryville, Pennsylvania 18419

Large multi-use commercial property located right on route 6 between Tunkhannock and Factoryville. Located in Tunkhannock Township, with no zoning. Property consists of 19.18 total acres and includes multiple buildings and rental incomes. Parcel one is a 5.9 acres property with a commercial garage, a 2 unit apartment building, and a single family home.

Commercial Sale For Sale

110 College Avenue, Factoryville, Pennsylvania 18419

7 unit apartment complex and excellent ground lease with Peoples State Bank. Excellent downtown location, convenient to shopping and walking distance to Keystone College. Maintenance free exterior, new windows, and barn for additional storage and rental income.

Commercial Sale For Sale

2049 Sr 6, Factoryville, Pennsylvania 18419

13 + acre mobile home/RV park with an additional retail building all fronting on Rt. 6. Property includes the 11 unit mobile home/RV park with no more than two lots per septic system. 9 Lots on the Eastern side of Rt. 6 going right down to Tunkhannock Creek and 2 additional lots on the other side of Rt. 6. Property is split equally on either side of Rt. 6 with frontage on Bardwell Rd as well.

Commercial Sale For Sale

1991 Sr 6, Factoryville, Pennsylvania 18419

5.9 acre commercial property located in Tunkhannock Township, with no zoning. Property consists of a commercial garage, a 2 unit apartment building, and a single family home.
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    Commercial Real Estate for Sale in Factoryville, PA

    The average price for commercial real estate for sale in Factoryville PA is around $48 per square foot*, lower than the national average. However, the days on market can be a little longer than other markets in our region. There is a mix of properties available, including retail, office and industrial spaces. Investors who are willing to be patient may find some great deals, as sellers are becoming more motivated due to the extended time on the market. An area with more opportunity in Factoryville has also been multi-unit investments. Overall, the commercial real estate market in this town remains steady with opportunities for buyers.

    * Greater Scranton Board of REALTORS® statistics June 2021-2023 (average sold price)

    About Factoryville, PA

    Factoryville, Pennsylvania [aka the Ville] is a small town nestled in Wyoming County that has experienced a steady population of about 1,100 people for the past several years. This city resides to the north of the Abingtons and is within close proximity to Tunkhannock, Nicholson, Lake Winola, and other neighboring towns. Commercial real estate in this up-and-coming college town boasts a diverse mix of commercial ventures, including retail stores, restaurants, healthcare facilities, apartments, and more. This diverse mix of businesses has created a thriving local economy and offers investors ample opportunities for growth. Additionally, the town’s proximity to larger cities (about a 30+ minute commute), such as Scranton and Wilkes-Barre, makes it an attractive location for businesses looking to expand up through the Northeastern Pennsylvania region. With ample space available for new commercial development, now is the perfect time for investors to stake their claim in this promising market.

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    How long does it take to close on a commercial property?

    With the complexity involved in commercial real estate loans, it usually takes about three or four months to close on a typical commercial loan. Quicker deals can come together between seventy-five and ninety days to close on a commercial property, though there are exceptions.

    As an investor, make sure you have sufficient time for due diligence – a period of time for completing inspections and investigating intended use, among other things. Before setting a closing date, the purchaser and their agent should consult (real estate/title) attorneys, engineers, inspectors and any other professionals needed to make sure they’re ready to close the deal. All parties will need to be mindful of their availability as well.

    What is the process to buy a commercial property?

    Purchasing a commercial property can be a complex matter, especially as it pertains to the buyer’s analysis. That’s why it’s imperative that you have enough time to investigate. Here are the major points when buying a commercial property:

    • Hire an experienced commercial real estate agent
    • Determine the type of commercial property you need
    • Identify potential properties to buy
    • Set up a showing
    • Decide upon which listing meets your needs
    • Make an offer 
    • Sign a sales agreement
    • Perform due diligence
    • Complete a final walkthrough of the property
    • Close on the property

    Remember, we’re here to help you navigate through these steps.

    How long are commercial real estate loans?

    Commercial real estate loans range from five to ten year terms, but are amortized up to a 25-year term. The longer the loan term, the less the monthly payment. However, a longer loan term means greater interest costs associated with the loan.

    In a situation where a 5-year term was taken for a commercial loan (amortization period of twenty-five years), the investor would make monthly payments over the course of five years based upon the loan being paid off over twenty-five years. At the end of the five years, one balloon payment would need to be made in order to pay off the remaining balance of the loan in full.