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    3-5 Mountain Rd Shickshinny, PA 18655

    For Sale
    $1,950,000

    Prime Retail Center, Two Strong Tenants, High Visibility.

    Property size:
    23,187 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional investment opportunity presents a +/- 23,187 square foot retail shopping center located at 3-5 Mountain, Shickshinny, PA. The property sits on a 1.25-acre lot and is currently leased to two established, long-term tenants. A Chinese restaurant occupies approximately 1,200 square feet under a five-year lease with two five-year renewal options. Family Dollar occupies approximately 7,487 square feet, with a recently extended lease expiring April 30, 2033. A significant portion of the building, approximately 14,000 square feet, is currently vacant and presents a substantial opportunity for lease or owner-occupancy. Ideal uses for this space include, but are not limited to, grocery stores, department stores, or auto parts stores. The building boasts desirable features including three-phase electric service, loading docks, a 15-foot clear height ceiling, and ample parking accommodating 100 vehicles. This property offers a strong existing income stream complemented by the potential for significant future growth through leasing the vacant space. The combination of established tenants and the substantial vacant space makes this a compelling investment opportunity with excellent value-added potential. The asking price for this prime retail center is $1,950,000.

    Property Features for 3-5 Mountain Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    23,187 SF
    Lot Size
    54,450 SF

    Building Details

    Year Built
    1990
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Auto Repair Shop Department Store Food Market Grocery Store Convenience Store Shopping Mall Italian Restaurant

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Shickshinny
    County
    Luzerne
    State
    Pennsylvania
    Longitude
    -76.1497
    Latitude
    41.15163

    Nearby Comparable

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      Retail Strip with Value-Add Potential

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      Shickshinny Commercial Building For Sale

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    Nearby Similar for Sale

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      Retail Strip with Value-Add Potential

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    • $1,950,000
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      Shickshinny Retail Center Investment

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    • $1,950,000
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      Shickshinny Shopping Center Investment

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Retail Center, Two Strong Tenants, High Visibility.
    Where is this commercial real estate located?
    The property is located at 3-5 Mountain Rd Shickshinny, PA.
    What is the asking price?
    The asking price for this property is $1,950,000.
    (610) 435-1800
    Request Owner's contact information
    3-5 Mountain Rd Shickshinny, PA 18655
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    Shickshinny, PA 18655
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3-5 Mountain Rd Shickshinny, PA 18655
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