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1017 Prescott Ave

6,687 SF Vacant Retail Building Scranton, PA 18510 £433,161 (£65/SF)

Investment Highlights

  • The 6,687 SF retail building offers a flexible layout, featuring a large garage area suitable for various uses such as an art studio and warehouse.
  • Zoned C2, the property is well-suited for a variety of commercial activities, including retail operations.
  • The expansive garage area features large, easily accessible doors, facilitating smooth entry and exit for vehicles and large equipment.
  • The front section of the property includes two apartments, providing excellent rental income opportunities.
  • Situated in the vibrant Petersburg Corners area, the property benefits from high visibility and accessibility.
  • Built in 1945, the property retains a unique historical character, adding distinctive appeal to its commercial and residential components.

Executive Summary

Discover an incredible commercial real estate opportunity in the vibrant Petersburg Corners! This property features a massive garage space, perfect for an art studio, warehouse, or storage needs. Additionally, the front house includes two apartments, ideal for rental income or a convenient living space. Both units offer excellent rental income opportunities. Alternatively, use one or both as a primary residence while managing your business in the rear garage space. Features large, easily accessible doors, ensuring convenient entry and exit for vehicles and large equipment. Don't miss out on this unique opportunity to own a versatile commercial property in Petersburg Corners. This property is perfect for expanding your business, starting a new venture, or securing rental income.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
6,687 SF
Building Class
C
Year Built
1945
Price
£433,161
Price Per SF
£65
Percent Leased
Vacant
Number of Floors
1
Building FAR
0.57
Land Acres
0.27 AC
Zoning
C2 - Commercial
Parking
6 Spaces (0.9 Spaces per 1,000 SF Leased)
Frontage
54 ft on Prescott Ave

Amenities

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14618060027
Land Assessment
£4,971
Improvements Assessment
£6,864
Total Assessment
£11,835
  • Listing ID: 31865546

  • Date on Market: 20/05/2024

  • Last Updated:

  • Address: 1017 Prescott Ave, Scranton, PA 18510

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