Properties


Property Description

Fully leased and renovated building in the heart of downtown Scranton which includes parking for 26 cars (parking lot is directly across the street and is included in the purchase, and is ready for construction if you would like to build)! The property features three tenants (two commercial and one penthouse apartment). Separate utilities and lucrative leases are signed for each tenant, however, a buyer who is interested in occupying the building is absolutely possible on the first floor, providing excellent flexibility. Executive offices and conference space are on the first and second floors. The luxurious and spacious penthouse apartment was recently renovated and features bright and airy features, including high ceilings, hardwoods, new paint, new carpeting, new stainless steel appliances, washer and dryer, walk in closets, two bathrooms, intercom/remote unlock feature for front door, plenty of storage and much, much more…within steps of shopping and dining. Property is close to the McDade Expressway and Interstate 81 for easy access.

Features
Heating System:
Electric, Forced air, Separate Meters
Cooling System:
Central Air, Separate Meters
Basement:
Concrete, Other
Parking:
Detached, Off street, Paved, Parking Lot, On Site, Outside
Address Map
Country:
US
State:
PA
County:
Lackawanna
City:
Scranton
Zipcode:
18503
Neighborhood:
Scranton
Street:
Penn
Street Number:
318
Street Suffix:
Avenue
Additional Details
Acres +/-:
0.06
Stories:
3
Est Total Taxes:
$7,891
School District:
Scranton
Floors:
Luxury Vinyl, Combination, Clay
Outside Features:
Lighting
Roof:
Rubber
Water:
Public
ListingOfficeName:
REALTY NETWORK GROUP
Lot Description:
Near Central Business District, Near Shopping Center
Land Value:
$0
Road:
Paved
Lot/Land Dimension:
24X110
Total Assessment:
$21,950
Zoning:
C-d
Region:
Central City
Exterior:
Brick, Concrete
Foundation Type:
Slab
BuildingFeatures:
Prime Location, Other, Separate Utilities, Wired For Data
SecurityFeatures:
Smoke Detector(s), Fire Alarm, Fire Sprinkler System, Building Security
GSB_RoadFrontageLength:
24.00
Levels:
Three Or More
ListingTerms:
Cash, Conventional
Possession:
Close Of Escrow
Sewer:
Public Sewer
ShowingRequirements:
Appointment Only, Showing Service, See Remarks, 24 Hour Notice
BasementYN:
Yes
GSB_ListPricePerSqFt:
279.80
CumulativeDaysOnMarket:
88
DaysOnMarket:
88
StatusChangeTimestamp:
10/04/2024 05:00:00
MlsStatus:
Active
BuyerAgencyCompensation:
2.50
BuyerAgencyCompensationType:
%
SubAgencyCompensation:
0.00
SubAgencyCompensationType:
%
TransactionBrokerCompensation:
0.00
TransactionBrokerCompensationType:
%
DualVariableCompensationYN:
No
PreviousListPrice:
$1,700,000
OriginalListPrice:
$1,700,000
ParcelNumber:
14583020006
Directions:
From the McDade Expressway proceed on to Mulberry
OwnerName:
Penn Avenue Professional Building
ModificationTimestamp:
07/07/2024 20:47:26
OriginalEntryTimestamp:
10/04/2024 17:14:57
OriginatingSystemModificationTimestamp:
07/07/2024 20:45:54
PriceChangeTimestamp:
07/07/2024 20:45:54
OriginatingSystemName:
scranton
LandLeaseYN:
No
FrontageType:
See Remarks

Commercial Sale For Sale 318 Penn Avenue, Scranton, Pennsylvania 18503

318 Penn Avenue, Scranton, Pennsylvania 18503

5,000 Sqft
$1,399,000
Listing ID #GSBSC1908
Basic Details
Property Type :
Commercial Sale
Listing Type :
For Sale
Listing ID :
GSBSC1908
Ref ID :
GSB20240410142931184092000000
Price :
$1,399,000
Living Area :
5,000 Sqft
Year Built :
1945
Status :
Active
PropertySubType:
Office
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