Restaurant Building with Kitchen
901 Capouse Ave, Scranton, PA 18509
For Sale
$349,999
The property includes commercial kitchen equipment such as stoves and refrigerators.
Property Size1,101 SF
Price / SF$317.89
Days on Market29
Property Features for 901 Capouse Ave
General Information
Standard status
Size
Additional Details
Equipment Included
Taxes and HOA fees
Annual Taxes
Listing Agency:
LUXE Homes Real Estate LLC
(570) 818-5040
Listed By:
Julissa Contreras
(646) 752-0022
Source:
Exprealty
Added: Oct 12
Changed: Nov 7
Last Checked: Nov 8 at 12:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LUXE Homes Real Estate LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 901 Capouse Avenue, the building was previously used as a restaurant. Commercial kitchen equipment is included, with stoves, refrigerators, and additional fixtures among the items on site. Equipment condition and functionality require independent verification.
Key Highlights
- Commercial kitchen equipment includes stoves and refrigerators
- Additional fixtures are included with the building
- Previously used as a restaurant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,866
Cap Rate
3.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$237,320
$237.3K
Cap Rate 7%
$169,514
$169.5K
Cap Rate 9%
$131,844
$131.8K
Market Conditions
NOI Build-Up for 1,101 SF
Gross rent
$16.5K $15.00/SF
− Vacancy
−$694 −$0.63/SF
EGI
$15.8K $14.37/SF
− OpEx
−$4.0K −$3.59/SF
NOI
$11.9K $10.78/SF
Area
Lackawanna County, PA
Vacancy
4.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$237,320
Cap Rate 7%
$169,514
Cap Rate 9%
$131,844
Alternative Uses
Best Use
Specialty Retail
$169.5K
$148.3K – $197.8K
NOI $11,866 @ 7.0% cap · market cap 3.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$279.5K
$244.5K – $326.0K
NOI $19,562 @ 7.0% cap · market cap 5.59%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,131
Businesses Nearby
74k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 75%
Shops & Services 25%
McDonald's
Dining
24,581 visits/mo
0.4 miles
Wendy's
Dining
16,633 visits/mo
0.1 miles
Taco Bell
Dining
14,560 visits/mo
0.5 miles
Turkey Hill Minit Market
Shops & Services
13,517 visits/mo
0.4 miles
Enterprise Rent-A-Car
Shops & Services
2,483 visits/mo
0.4 miles
Demographics for 18509, PA
13,720
Population
6,017
Households
2.3
Avg Household Size
39
Median Age
28%
College-Educated
90%
High-School Grad
3.0 sq mi
ZIP Area
4,573
Density / Sq Mi
$52,206
Median Household Income
$31,657
Median Earnings
$991
Median Rent
$176,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Conventional restaurants in Lackawanna County, PA
Properties on Market for Conventional restaurants in Lackawanna County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The property includes commercial kitchen equipment such as stoves and refrigerators.
Where is this conventional restaurant located?
The property is located at 901 Capouse Ave Scranton, PA.
What is the asking price?
The asking price for this property is $349,999.
What are key features of this property?
This property features: Commercial kitchen equipment includes stoves and refrigerators; Additional fixtures are included with the building; Previously used as a restaurant
