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505-555 N Seventh Ave - SHOPPES AT LINDEN PLACE Tract 2A

1.21 Acres of Commercial Land Offered at £164,901 in Scranton, PA 18503

Investment Highlights

  • Property is in a great location, bordering the Scranton Expressway.
  • Ample shared parking with neighboring tenants.
  • This property is situated at a signalized intersection.

Executive Summary

The location is within walking distance to downtown Scranton. Across the street is a medical office park and a new Sheetz one block to the high school. The entrance is at a four way intersection with a traffic light providing access from all directions. The site fronts on the parking lot and borders US Route 11 (McDade Expressway), and exposure to 7th Avenue. The site can hold approximately 18,000SF of building area. The Redner's lease prohibits certain types of food uses. The Center borders the Lackawanna Heritage Valley Trail System.

Attachments

2000687 Condo_Plan_rev_2016
Seventh Avenue 2A - Flyer
Seventh Avenue 2AC - Flyer

Financial Summary (Actual - 2023)

Annual Annual Per AC
Taxes £6,927 £5,724.49
Operating Expenses - -
Total Expenses £6,927 £5,724.49

Financial Summary (Actual - 2023)

Taxes
Annual £6,927
Annual Per AC £5,724.49
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual £6,927
Annual Per AC £5,724.49

Property Facts

Price £164,901 Property Subtype Commercial
Sale Type Investment or Owner User Proposed Use
Commercial
  • Retail
  • Office
  • Hospitality
  • Bank
  • General Freestanding
  • Healthcare
  • Strip Centre
No. Lots 1 Total Lot Size 1.21 AC
Property Type Land
Price £164,901
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Hospitality
  • Bank
  • General Freestanding
  • Healthcare
  • Strip Centre
Total Lot Size 1.21 AC

1 Lot Available

Lot 2A

Price £164,901 Lot Size 1.21 AC
Price Per AC £136,282
Price £164,901
Price Per AC £136,282
Lot Size 1.21 AC

This parcel is a strip of land in an established shopping center with a anchor grocery store (Redner's) and an Arby's. The Center is a condominium with four units.

Description

The area has been developing into a service corridor for both local and commuting residents of the market. The Mt. Pleasant Corporate Center is across the street and Scranton High School is one block away. Seventh Avenue is a traffic corridor linking different sections of the City and provides another entrance to the downtown at Lackawanna Avenue. The site provides an opportunity .

Links

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Walk Score ®
Very Walkable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
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Transit Score® measures access to public transit.
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, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 14519030002 Total Assessment £13,807 (2024)
Land Assessment £13,807 (2024) Annual Taxes £6,927
Improvements Assessment £0 (2024) Tax Year 2023

PROPERTY TAXES

Parcel Number
14519030002
Land Assessment
£13,807 (2024)
Improvements Assessment
£0 (2024)
Total Assessment
£13,807 (2024)
Annual Taxes
£6,927
Tax Year
2023

zoning

Zoning Code Commercial
Commercial
(570) 207-4100 x214

  • Listing ID: 16400193

  • Date on Market: 20/06/2019

  • Last Updated:

  • Address: 505-555 N Seventh Ave, Scranton, PA 18503

The Land Property at 505-555 N Seventh Ave, Scranton, PA 18503 is currently available For Sale. Contact Hinerfeld Commercial Real Estate for more information.

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© 2024 CoStar Group

505-555 N Seventh Ave - SHOPPES AT LINDEN PLACE Tract 2A
(570) 207-4100 x 214

505-555 N Seventh Ave - SHOPPES AT LINDEN PLACE Tract 2A

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Anthony Baldo

(570) 207-4100

x214

(570) 207-4100 x214

Griff Keefer

(570) 207-4100

x212

(570) 207-4100 x212

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