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    545 Keystone Ave Peckville, PA 18452

    For Sale
    $525,000

    Spacious Peckville Property - Redevelopment Opportunity

    Property size:
    22,578 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional mixed-use property at 545 Keystone Avenue in Peckville, PA, presents a unique investment opportunity spanning 22,578 square feet on a 1.88-acre lot. Priced at $525,000, the property offers significant potential for various redevelopment projects. The main building features a versatile ground floor layout currently configured with classrooms, offices, open areas, recreational space, and a daycare center. The first floor includes a sanctuary, adjacent kitchen, and a full-size gymnasium. The second floor provides additional office and conference space. A significant advantage is the inclusion of a separate four-bedroom residential property with a living room, kitchen, and two and a half bathrooms, adding to the overall value and potential uses. Extensive parking is available on a large, paved lot accommodating numerous vehicles. Recent upgrades enhance the property's appeal, including a new roof, renovated bathrooms, updated HVAC systems, and fresh paint throughout. The property's size, diverse layout, and existing infrastructure make it ideal for developers seeking to create apartments or condominiums, religious organizations looking to expand, educational institutions needing additional facilities, or other similar ventures. The combination of commercial and residential space offers flexibility and potential for diverse income streams. This is a rare opportunity to acquire a substantial property in a desirable location with significant upside potential.

    Property Features for 545 Keystone Ave

    General Information

    Property type
    Mixed-use properties
    Square Feet
    22,578 SF
    Lot Size
    81,893 SF

    Building Details

    Year Built
    1922
    Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Peckville
    County
    Lackawanna
    State
    Pennsylvania
    Longitude
    -75.58736
    Latitude
    41.48181

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    FAQs

    What type of property is this?
    Mixed-use property - Spacious Peckville Property - Redevelopment Opportunity
    Where is this mixed-use property located?
    The property is located at 545 Keystone Ave Peckville, PA.
    What is the asking price?
    The asking price for this property is $525,000.
    (570) 585-6880
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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
    545 Keystone Ave Peckville, PA 18452
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