100 Tourist Avenue, Clarks Summit, PA 18411
COMMERCIAL - Clarks Summit, PA
- Added:
- Sep 28, 2024
- Days on Market:
- 641
- Last Refresh:
- Jun 30 at 10:06 am
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.
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)
- New roof with new underlayment installed 12/25 (composition roof)
- New heating system plus central air, with security system, interior temperature monitoring, and intercom
- Utilities: well water, septic tank sewer; parking lot with off‑street parking
Overview
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.
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Clarks Summit
- County
- Lackawanna
- State
- Pennsylvania
- Longitude
- -75.723826
- Latitude
- 41.507274
