Commercial Property for Sale in Factoryville, PA

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Commercial Sale For Sale

612 State Rte 107, Factoryville, Pennsylvania 18419

3Picture(s)
11.5 acre parcel with over 1,600 ft of railroad track frontage. Property is accessed from SR 107 in Factoryville (Clinton Twp).
$400,000

Commercial Sale For Sale

913 Lake Road, Factoryville, Pennsylvania 18419

GravelParking(s)
11Picture(s)
3,200Sqft
Established Beer Distributor for Sale! Sale includes: Real Estate, Distributor liquor license, furniture, fixtures and equipment This is an established business on Lake Winola. Owner is retiring. There is also a used auto dealer office with garage in the building that owner operates which can be vacated or leased back.**CONTACT LISTING AGENT DIRECTLY FOR ALL SALE INQUIRIES AND DETAILS.
$835,000

Commercial Sale For Sale

1123 SR 307, Factoryville, Pennsylvania 18419

2Picture(s)
3.65Sqft
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.
$2,900,000

Commercial Sale For Sale

173 Sr 107, Factoryville, Pennsylvania 18419

AsphaltParking(s)
12Picture(s)
3,452Sqft
1.056 acres of commercially zoned land with building and cooler system on busy SR 107 in Factoryville PA. Property ONLY for sale. Cash buyers preferred. Class D license and inventory are separate transaction and negotiated separately. Looking to make a smooth and quick transaction.Property located on a high traffic flow state road. Established distributor for over 60 years.
$325,000

Commercial Sale For Sale

1991-2049 Sr 6, Factoryville, Pennsylvania 18419

GravelParking(s)
39Picture(s)
6,200Sqft
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.
$850,000

Commercial Sale For Sale

110 College Avenue, Factoryville, Pennsylvania 18419

PavedParking(s)
27Picture(s)
6,156Sqft
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.
$550,000

Commercial Sale For Sale

2049 Sr 6, Factoryville, Pennsylvania 18419

GravelParking(s)
18Picture(s)
2,000Sqft
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.
$450,000

Commercial Sale For Sale

1991 Sr 6, Factoryville, Pennsylvania 18419

GravelParking(s)
27Picture(s)
4,000Sqft
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.
$450,000
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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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    FAQs


    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.