329 Penn Ave Scranton, PA 18503

This exceptional mixed-use property, located at 329-331 Penn Avenue in Scranton, Pennsylvania, presents a lucrative investment opportunity. The main building offers 18,000 square feet of space, currently divided into two floors of professional office space. Attached is a three-story building housing six luxury apartments, ensuring a diverse and stable income stream. The property boasts a total of 24 parking spaces, including a convenient two-car garage, significantly enhancing its appeal to tenants. Further adding to its value is an included parking lot, identified by tax ID #1458301003, providing ample parking for both residents and office workers. The property sits on a 0.16-acre lot. Both buildings feature a newly installed rubber roof, completed in 2017, ensuring long-term durability and reduced maintenance costs. Currently operating at 100% occupancy, this property offers immediate cash flow and significant potential for future appreciation. The asking price for this exceptional mixed-use investment is $2,199,000. This is a rare opportunity to acquire a fully occupied, well-maintained property in a desirable Scranton location. The combination of office space and luxury apartments provides a diversified revenue stream, making this an attractive investment for both seasoned and new investors. The ample parking further enhances the property's desirability and value.