Commercial Property for Sale in Tunkhannock, PA

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Commercial Sale For Sale

156 Tioga Street, Tunkhannock, Pennsylvania 18657

AsphaltParking(s)
54Picture(s)
11,500Sqft
This former Ford Dealership is located in Tunkhannock, PA. and boasts a rich history and a prime location, the site is ideal for an auto dealer or repurpose developer. Includes 11,500 square feet of building .78 Acres of land, and plenty of parking.
$595,000
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Commercial Sale For Sale

16 Tioga Street, Tunkhannock, Pennsylvania 18657

On streetParking(s)
26Picture(s)
4,237Sqft
Your chance to own a historic Downtown building in the heart of Tunkhannock. First floor consists of office space and a loading dock in the rear. Second floor is an apartment, which has been winterized, but could be made back into an apartment with a separate street entrance. Full basement for storage space.
$250,000
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Commercial Sale For Sale

5598 5634 Sr 6, Tunkhannock, Pennsylvania 18657

PavedParking(s)
111Picture(s)
20,000Sqft
Well established staple of the community The Skyline Motel is now available for sale with its 43 rooms, 3 apartments, motel office and 1,600 sq ft of rented office space. It includes 2 separately deeded parcels of land, 19.35 acres and 1.48 acres for a total of 30.83 acres on busy Route 6 with over 900 feet of prime road frontage. Family owned for the past 42 years.
$1,750,000
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Commercial Sale For Sale

31-35 Tioga Street, Tunkhannock, Pennsylvania 18657

GravelParking(s)
28Picture(s)
8,747Sqft
Downtown Tunkhannock---fantastic commercial opportunity. Office space on main level with apartments on second floor. Second tax map # 22 059.1 185 00 00 00 Assessed value of $19,980.00--Taxes $2,740.21.Total Taxes $10,170.71Larger Eihab Office space has propane/FHA heat and AC. Other street level and apartments have electric BB heat.
$474,900
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Commercial Sale For Sale

219 Wellwood Drive, Tunkhannock, Pennsylvania 18657

GarageParking(s)
12Picture(s)
5,100Sqft
Most recently this Property used as an adult residential group home. This brick home offers 7 bedrooms, 6 baths (several are handicap accessible), large kitchen with island, dining room, family room with gas fireplace, library with pocket doors, office areas, large exercise/activity room, laundry area, supervisors bedroom area plus sunroom. Fenced yard areas. Attached 2 car garage.
$675,000
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    Commercial Real Estate for Sale in Tunkhannock, PA

    Commercial real estate for sale in Tunkhannock PA thrives on a number of industries including retail, manufacturing and healthcare. The rental rates in Tunkhannock are competitive, making it an attractive location for businesses looking to establish a presence. Tunkhannock’s commercial real estate market has witnessed interest from investors and developers due to the town’s picturesque natural surroundings and potential for tourism-related projects. If you visit, you’ll soon discover more and more businesses opening in and around its commercial district.

    About Tunkhannock, PA

    Tunkhannock, Pennsylvania is a borough located in Wyoming County, in the Endless Mountains, with a population of approximately 1,700. Tunkhannock is uniquely situated along the Susquehanna River and is known for its scenic beauty, which provides ample opportunities for outdoor recreational activities such as hiking, fishing and boating. “Christmas In Our Hometown” in Tunkhannock is a staple and each year takes patrons on a trip where they can experience a vintage American holiday like no other in our area. The city is also known for its culture and is home to the historic Dietrich Theater, which showcases films, live performances and offers educational programs. Tunkhannock has a strong sense of community with several annual events, including parades, festivals and fundraisers.

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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.