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    541 Rte Sugarloaf, PA 18635

    For Lease
    Contact for pricing

    44,000 SF Retail Building, High Visibility

    Lot size:
    44,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 44,000-square-foot retail property, located at 541 Route 93 in Conyngham, Pennsylvania, presents a unique investment opportunity. Situated on a prominent 2.26-acre corner lot, this single-tenant building boasts unparalleled visibility along the busy Route 93 corridor. Originally home to the well-known Old Conyngham Builders Supply, the property offers a rich history and strong community ties. Currently vacant, the expansive space is adaptable to a wide range of commercial uses. Potential tenants could include flex space operators, retailers, showrooms, warehouse and distribution centers, manufacturers, storage facilities, or developers seeking a prime redevelopment site. The building was constructed in 1955 and is located in Luzerne County, zip code 18635. Its substantial size and prime location make it an ideal choice for businesses seeking high visibility and ample space. The property's versatility allows for significant customization to meet the specific needs of a diverse range of commercial enterprises. This is a rare opportunity to acquire a significant commercial property in a thriving area with excellent access to major transportation routes. The property's history and location offer a compelling combination of established presence and future potential.

    Property Features for 541 Rte

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    44,000 SF

    Building Details

    Year Built
    1955

    Unit(s) available at that property

    Space
    Available Space
    Size
    44,000 SF

    HighLights

    • 44,000‑square‑foot retail building on a 2.26‑acre corner lot in Conyngham, PA.
    • High visibility on Route 93 corridor.
    • Currently vacant, adaptable to various commercial uses.
    • Located in Luzerne County, PA (zip code 18635), built in 1955.
    • Prime redevelopment opportunity with excellent transportation access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sugarloaf
    County
    Luzerne
    State
    Pennsylvania
    Longitude
    -76.0648453
    Latitude
    40.9885796

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    FAQs

    What type of property is this?
    Retail property - 44,000 SF Retail Building, High Visibility
    Where is this retail property located?
    The property is located at 541 Rte Sugarloaf, PA.
    What are key features of this property?
    This property features: 44,000-square-foot retail building on a 2.26-acre corner lot in Conyngham, PA.; High visibility on Route 93 corridor.; Currently vacant, adaptable to various commercial uses.
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    541 Rte Sugarloaf, PA 18635
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    Sugarloaf, PA 18635
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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
    541 Rte Sugarloaf, PA 18635
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