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    Sanderson Ave Scranton, PA 18509

    Sponsored
    For Sale
    $849,995

    Spacious 13,850 sq ft building, 0.72 acres

    Property size:
    13,850 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 13,850 square foot property, situated on a 0.72-acre lot in Scranton, Pennsylvania, presents a unique investment opportunity. Previously operating as a 64-bed personal care home, this versatile building offers immense potential for a wide range of adaptive reuse scenarios. The substantial square footage, combined with ample on-site parking, makes it ideal for various commercial ventures. Consideration could include, but is not limited to, inpatient treatment facilities, multi-family apartment conversions, educational institutions, or childcare centers. The existing structure boasts a significant basement area, much of which is naturally daylighted, providing additional space for expansion or development. This presents a rare chance to acquire a substantial property at a remarkably low cost per square foot. The property's location in Scranton offers convenient access to local amenities and transportation networks. The building's solid foundation and adaptable layout provide a strong base for a successful redevelopment project. This is a prime opportunity for an investor seeking a high-return project with significant upside potential. The property is being offered at $849,995, representing an attractive price point for the size and potential of the building. Serious inquiries are encouraged to explore the possibilities of this unique investment.

    Property Features for Sanderson Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    13,850 SF
    Lot Size
    31,363 SF

    Building Details

    Year Built
    1945
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Scranton
    County
    Lackawanna
    State
    Pennsylvania
    Longitude
    -75.6586
    Latitude
    41.41988

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    FAQs

    What type of property is this?
    Commercial real estate - Spacious 13,850 sq ft building, 0.72 acres
    Where is this commercial real estate located?
    The property is located at Sanderson Ave Scranton, PA.
    What is the asking price?
    The asking price for this property is $849,995.
    (570) 489-2563
    Request Owner's contact information
    Sanderson Ave Scranton, PA 18509
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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
    Sanderson Ave Scranton, PA 18509
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