100 Tourist Avenue Clarks Summit, PA 18411
COMMERCIAL - Clarks Summit, PA
- Added:
- Sep 28, 2024
- Days on Market:
- 653
- Last Refresh:
- Jul 12 at 8:06 pm
Property Features for 100 Tourist Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C2
- Parking features
- Off Street, Parking Lot
- Standard status
- Active
- APN
- 09001020034
- Size
- 1,560 SF
- Lot size
- 1.14 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 5173
Utilities
- Sewer type
- Septic Tank
- Heating system
- Heat Pump (Heating), Electric (Heating), Forced Air
- Cooling system
- Electric
- Water source
- Well, Private
Building Details
- Year built
- 1950
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Linoleum, Carpet
- Building materials
- Vinyl Siding
- Roof type
- Composition
Listing agent RUTH K HOLLANDER License #RS126149A (570) 313-4654
Listing office CLASSIC PROPERTIES 324 S. State St., Clarks Summit, PA (570) 587-7000
Listing date Sep 28, 2024
Copyright © 2026 Greater Scranton Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property sits on 1.14 acres with 222 feet of road frontage. It is centrally located along US 6 & 11, providing straightforward visibility from the roadway. The building’s zoning is listed as C2 (Highway Commercial). Buyer is responsible for confirming taxes.
For prospective owners and tenants, the layout supports a range of professional uses that benefit from dedicated office rooms alongside a reception and break/kitchen area. On-site climate control through central air and the updated mechanical and roofing improvements can help reduce near-term capital concerns while maintaining a functional, secure office environment. The Highway Commercial zoning designation should also be reviewed by buyers for fit with their intended use.
Key Highlights
- 1.14‑acre property with 222 ft of road frontage on 6 & 11
- 1516 SF multi‑use building with reception area, 3 offices, full kitchen, and full bath
- Highway Commercial zoning (buyer to confirm taxes)
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.3k | $20.04 |
| − Vacancy | −$4.5k | −$2.91 |
| EGI | $26.7k | $17.13 |
| − OpEx | −$6.7k | −$4.28 |
| NOI | $20.0k | $12.85 |
