Delighted to present an exclusive opportunity to acquire The Royal Residences, a multifamily building offering 19 units and 53 beds, strategically located adjacent to the University of Scranton in the heart of the renowned ''Eds and Meds'' neighborhood known as The Hill.The Royal Residences present an enticing investment opportunity in a thriving educational and medical hub. With recent capital improvements, a strategic location, and a diverse tenant base, this property is well-positioned for sustained growth and financial success.Nestled between the University of Scranton, The Commonwealth School of Medicine, Marywood University, Lackawanna College, and Penn State - Worthington campus, The Royal Residences occupy a coveted spot within close proximity to major educational institutions.The property is conveniently situated near Scranton Regional Hospital, Moses Taylor Hospital, and Geisinger Hospital, making it an ideal residence for medical professionals and students in the healthcare field.The current ownership has executed a comprehensive $650,000+- capital expenditure plan at Taylor Ave. This plan includes renovations to 18 units, a new roof installation, upgraded laundry facilities, and various other improvements, enhancing the overall quality and appeal of the property.The 3BR units boast spacious layouts of 1,003+ square feet, offering a comfortable and modern living experience. Additional value-add opportunities are present in the 2BR units, with a targeted lease-up strategy for 2024-2025.The City of Scranton hosts approximately 15,000 students from local colleges and universities. This, combined with the influx of professionals and medical staff from nearby hospitals, creates a diverse and dynamic tenant pool. Families seeking quality housing also contribute to the broad appeal of The Royal Residences.
Great old school mechanics garage complete with working lift, bathroom, shower and office area. Bays hold up to 5 cars at the same time. 2 fully working garage doors and walk -in entry as well. Was a working garage for over 20 years.
Here is your chance to own your very own machine shop. All tools and machinery included. Book of business as well as the owners expertise. This is a once in a lifetime opportunity. Buy this turn key business or turn the shop into what you have in mind. Garage and lift included in case you want to incorporate a mechanics shop. The sky is the limit with this opportunity. Schedule your showing because it wont last!!!
Amazing turn key business opportunity in up and coming neighborhood! Well known and established Restaurant/Bar with full kitchen, large rectangular bar, large dining room, party room with deck and outdoor patio bar. Ample 25 plus parking lot plus off street parking. 1 Bedroom apartment included for extra income. Liquor license, equipment and furnishings included.seating areas over looking the old Scranton Lace Works Factory that have been converted into residential apartments.
Prime opportunity with this side-by-side commercial storefront duo! Nestled in the heart of West Scranton, these versatile spaces offer a perfect canvas for your business ventures. This location has a fantastic potential for a thriving business presence such as laundromat, law office, accounting office, travel agency, salon, massage spa and so much more!Contact me today. Easy to showHablamos Espanol, Tax Information: Available, Ceiling Height: 9' to 12'- Y, No Overhead Door: Y
Welcome to your opportunity to own a thriving tavern in the heart of North Scranton! This well-established watering hole combines a warm and inviting atmosphere with a delightful outdoor patio, making it a favorite spot for locals and visitors alike. Conveniently located near Providence Square, this tavern benefits from a bustling neighborhood and nearby attractions, ensuring a steady stream of patrons year-round.Don't miss out on this chance to own a bar with a unique outdoor space. Make your mark in the local hospitality scene and create unforgettable experiences for your patrons., Tax Information: Available, Additional Info: Second parcel PIN number 13412070047 taxes listed are for both parcels combined, Ceiling Height: 13' to 16'- Y, No Overhead Door: Y
Welcome to the heart of downtown Scranton, where opportunity meets prominence. This centrally located property serves as the welcoming gateway to the city's rejuvenated downtown. As you step through the front door of Scranton, you'll find yourself passing beneath the shadow of this iconic building.This property is situated within a Federal Opportunity Zone and features versatile space totaling 10,600 square feet, comprising four retail units, a 2,100 square foot office area, and a 3,100 square foot bar/restaurant. Currently, the bar/restaurant space is vacant, offering a blank canvas for your entrepreneurial vision or the opportunity to attract new tenants.Strategically positioned, this property enjoys a prominent address just across the street from the historic Radisson Hotel and is only one block away from the Hilton Hotel, providing unparalleled visibility and proximity to some of the city's most iconic landmarks.The intersection of education and commerce is here, as the property is just one block from the University of Scranton, making it an ideal locale for businesses catering to the academic community. Furthermore, it's nestled near the revitalized area of downtown Scranton, placing it at the heart of the city's resurgence and offering a front-row seat to its vibrant future.Don't miss the chance to be a part of Scranton's downtown revival. Whether you're seeking an investment property or the perfect location for your business, this property offers a unique blend of location, income potential, and endless possibilities.
Prime high-traffic location for this 6,400 sq ft building consisting of 19 foot high garage/warehouse space & office space. Traffic count of over 17,000 cars per day. Ample parking. 5 overhead garage doors (14 & 16 foot), rubber roof, 2 restrooms & loft storage area., Tax Information: Available, Ceiling Height: Up to 8' - Y, Ceiling Height: 19' to 20'- Y, Overhead Door Height: 13' to 16'- Y
Welcome to the perfect opportunity for aspiring restaurateurs and seasoned investors alike! Presenting a well-established restaurant with a liquor license included, this well-known establishment boasts a large dining area capable of accommodating up to 100 guests, making it ideal for both intimate gatherings and bustling events. The cherry on top? A fully equipped and professionally designed full bar, complete with an extensive selection of beverages.Convenience is key with this property, as it offers ample parking space for approximately 20 cars, ensuring your patrons will always find a spot. The sale also includes all the essential equipment needed to seamlessly continue operations, allowing for a smooth transition and immediate revenue generation. As an added bonus, a comfortable and spacious 2-bedroom apartment is located above the restaurant, offering a convenient living arrangement for the owner or staff. Don't miss out on this turnkey opportunity to take over a thriving establishment in a prime North Scranton location., Tax Information: Available, Additional Info: *Liquor license and all equipment included in sale*, Ceiling Height: 9' to 12'- Y, Overhead Door Height: 9' to 12'- Y
Great location for your business! Commercially zoned vacant land for lease in Scranton ready to be developed. Over an acre of flat gravel,sidewalks, and with fence outlining this high traffic corner lot on State Route 11.
Most people don't know this exists. The site is fenced in front, on the sides, a stream forms one of its borders, the rail, and a park the others. Its a secluded location with over eight acres. But it is just minutes from downtown Scranton. It's only a few hours to larger cities like New York and Philadelphia. The building footprint is approximatley 80,000 SF and with the mezzanine it's over 88,000 SF. The building and structure can be expanded and the large site offers value-add opportunities everywhere like storing RVs, trailors, self-storage, not to mention theres over 100 parking spots. People have asked about the rail-line. This can be activated as the rail line runs right next to the building. The ceilings are 21FT+ inside. A lot of people comment about what an ideal space it is for manufacturing and warehousing. The 6 loading docks including a 4 bay drive-in really impress visitors. There is ample room throughout this building. Property currently being utilized for manufacturing. 46,000SF leased to long term tenant. Reach out and call today with question. I'm happy to bring you to the site as well to see if it will work for your business., Tax Information: Available, Ceiling Height: 21' to 30' - Y, Overhead Door Height: 9' to 12'- Y
Completely renovated car wash facility on a 1/2 acre lot with new equipment throughout. 4 wash bays, a garage in the rear with 2 overhead doors, 4 new vacuum systems. New metal roof on main building, new rubber roof on garage. LED lighting, Rinnai on demand heat, online security system. New pumps, detergent dispensers, wands, brushes, arms, bay walls & ceilings, fascia upgrade & all water lines have been replaced., Tax Information: Available, Ceiling Height: Up to 8' - Y, Additional Info: Square footage consists of 864 sq ft of garage space in the rear building & 2,720 sq ft in the front building (equipment room + wash bays).A full year + renovation project has just been completed so there is only short term financials.Available with NDA., Ceiling Height: 9' to 12'- Y, Overhead Door Height: Up to 8'- Y
Small 675 SF in-line space available along Scranton Carbondale Highway. Super visibility at Commerce Blvd cross street, nearby the Viewmont Mall, Dickson City Crossings and the Walmart Super Center. Adjoining tenants include Philly Pretzel, Oreck, Comforty Keepers and others. Easy access and ample parking.
1,300-8,100 SF In-Line retail lease space available along Route 6 in Dickson City market. Smallest divisible space is 1,300 SF. Super visibility at Commerce Blvd cross street, directly in front of Hobby Lobby, Kohls, and Chick-fil-A. Adjoining tenants include Aspen Dental, Wine & Spirits, and others. Clean, easy access and ample parking.
2,700 End-Cap retail lease space available along Scranton Carbondale Highway in Dickson City market. Smallest divisible space is 1,300 SF. Super visibility at Commerce Blvd cross street, nearby the Viewmont Mall, Dickson City Crossings and the Walmart Super Center. Adjoining tenants include Rita's, Cricket and the Greek Grille Restaurant. Easy access and ample parking.
FOR SALE 16,000 sq. ft. commercial building in Scranton Area . Church building plus Recreational gymnasium facility Area dedicated to Kitchen and serving a crowd. Church can be converted into multiple purposes! Bring your ideas! Priced ideally for your dream.
Investment opportunity that includes a 4 unit home and 1,564 detailing garage on 605-607 Pittston Ave. and a 2 unit home with a 3,200 SF operating garage/inspection station on the 609 Pittston Ave parcel. Properties are in good condition and fully rented. Dec. 2023--Some new siding, windows and rubber roof were installed on the 605-07 4 unit. See attached sheet for rent break out and utility information. Excellent opportunity. Detail garage has 3 garage doors and 1,564 storage above. The 609 garage also has 3 garage doors. Good NOI. SEE UPDATED FINANCIALS AS OF DEC, 2023., Tax Information: Available, Additional Info: 609 Pittston Ave Tax Map is 15616 030 027 Deed Book 1490, Page 22 Total taxes for this parcel are $3,226.54Lot Size 40x150, Ceiling Height: 19' to 20'- Y, Ceiling Height: 9' to 12'- Y, Overhead Door Height: 21' to 30'- Y, Overhead Door Height: 13' to 16'- Y
Scranton is located in Pennsylvania. Scranton, Pennsylvania has a population of 76,624. Scranton is less family-centric than the surrounding county with 23.69% of the households containing married families with children. The county average for households married with children is 25.86%.
The median household income in Scranton, Pennsylvania is $38,683. The median household income for the surrounding county is $48,380 compared to the national median of $57,652. The median age of people living in Scranton is 36.3 years.
The average high temperature in July is 81.9 degrees, with an average low temperature in January of 18.5 degrees. The average rainfall is approximately 45.7 inches per year, with 46.2 inches of snow per year.
