506 Lackawanna Avenue Scranton, PA ^$ 299,900

506 Lackawanna Avenue

^$ 299,900

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506 Lackawanna Avenue

Scranton, PA, 18503

^$ 299,900

Studio Baths0.0 Sq 8,400

Monthly Estimate*

^$ 1,993

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Studio

Commercial Property for sale in Scranton, PA

for $299,900. This 8,400 square foot building was built in 2024 on a lot size of 0.06.

Investor's special this 3 story commercial building the heart of downtown in Scranton that once was a restaurant or any business on the first floor and two apartments second & third floors. New Roof in 2012, tall ceilings, open floor plan (2,500 sg ft each floor) and need of total rehab. Property is being sold ''AS-IS''., Buyer Financing: Conventional or Cash purchase.Tax Information: Available, Ceiling Height: 9' to 12'- Y, Ceiling Height: 13' to 16'- Y, No Overhead Door: Y

Commercial Active

Price

^$ 299,900

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 9,657

Style

Mixed Use,Retail,Office

Lot Size

0.06

Year Built

2024

Town/City

Scranton

County/Region

Lackawanna

MLS | Web ID

SC2396

Features

General

Sewer Public Sewer

Heating None

Cooling None

Possession Negotiable

Roof Rubber

Exterior Features Other

Zoning Commercial

Security Features See Remarks

Construction Materials Brick

Year Built 2024

Electric Circuit Breakers

Tenant Pays None

Stories 3

Levels Three Or More

Property SubType Mixed Use

Tax Year 2024

Current Use Vacant

Business Type Commercial

Community Features None

Building Name N/A

Business Name N/A

County Lackawanna

Property Type Commercial Sale

Possible Use Commercial See Remarks

Building Features See Remarks Window(s)

Status Active

Directions I-81 to Exit 185. Follow signs to Central City. Right onto Lackawanna Ave. Building onto the left.Before the Steamtown Mall and Nextdoor Buona Pizza place.Latitude: 41.406428 Longitude: -75.664884

City Scranton

Buyer Agent Compensation 3.00

Entry Location Frist Floor front door _ ELB

High School District Scranton

Zoning Description Commercial

NumberOfUnitsTotal 1

Property Attached Y/N N

Tax Annual Amount 9657.07

Current Financing Conventional Other

Days on Market 42

Structure Type Mixed Use Retail Office

Standard Status Active

Tax Assessed Value 25400

Buyer Agent Compensation Type %

Interior

Flooring Wood

Exterior

Fencing None

Parking Features None Off Site

Lot Features Level Near Central Business District Not In Development Near Shopping Center Near Public Transit Paved

Water Source Public

Inclusions Seller has the Building Permit & Construction Permit from Scranton city.

Foundation Details Brick/Mortar Concrete Perimeter

Building Area Total 8400

Lot Dimensions 25x108

Lot Size Acres 0.06

Road Surface Type Paved

Frontage Type See Remarks

Road Frontage Type City Street See Remarks

* Excluded Features

List By

Berkshire Hathaway Home Services Preferred Properties

Broker

SujinHuber@gmail.com

Affordability Calculator

$2,798

Per Month

Monthly Principal & Interest: $1,993
Monthly Property Taxes: $805
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Scranton, PA

Average List Price ^$656,812

Percent of Sale Price 119%

About Scranton, PA

74,523 Population

-2% Since 2002

^$39,001 Median Income

38.39 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2391763 Elementary School

2391680 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/19/2024	$299,900	-6.28%	Price Down
5/8/2024	$320,000		Listed Price

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506 Lackawanna Avenue, Scranton, PA, 18503 is a Commercial Property for sale at $299,900 with 8,400 sqft and a lot size of 0.06. 506 Lackawanna Avenue is a studio with 0.0 baths and was built in 2024. The property's zip code is 18503 which is in Scranton, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Multiple Listing Service of The Greater Scranton Board of REALTORS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Multiple Listing Service of The Greater Scranton Board of REALTORS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers'personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/20/2024.

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506 Lackawanna Avenue

Commercial Property for sale in Scranton, PA

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