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    5 Mountain Mall Shickshinny, PA 18655

    Sponsored
    For Sale
    $1,950,000

    Prime Retail Center, High-Traffic Location

    Property size:
    23,187 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 23,187 square foot shopping center in Shickshinny, Pennsylvania presents a compelling investment opportunity. Located on a 1.25-acre lot at 5 Mountain Mall, this single-story, 1990-built property boasts a strong tenant roster including a Family Dollar and a Chinese restaurant, with a significant amount of vacant space available for lease or owner-occupancy. The property features 100 parking spaces, three-phase electric loading docks, and a 15-foot clear height. The Family Dollar lease extends to April 30, 2033, while the Chinese restaurant lease has five years remaining with options for renewal. The substantial vacant space (approximately 14,000 square feet) offers significant potential for value-added improvements and increased rental income. The property's strategic location on a heavily traveled main street, near major businesses like Wells Fargo and CVS, ensures high visibility and accessibility. Convenient access to Routes 11 and 239 further enhances its appeal. The asking price is $1,950,000, representing a price per square foot of $84.10. The property is zoned as a Community Shopping Center and has an APN of 56-L4SE1-024-010. This is an exceptional opportunity to acquire a well-located retail property with significant upside potential.

    Property Features for 5 Mountain Mall

    General Information

    Property type
    Lifestyle centers
    Square Feet
    23,187 SF
    Lot Size
    54,450 SF

    Building Details

    Year Built
    1990
    Stories
    1

    HighLights

    • 23,187 SF shopping center in Shickshinny, PA on a 1.25‑acre lot.
    • Strong tenant roster including Family Dollar (lease to 4/30/2033) and a Chinese restaurant (5 years remaining).
    • Significant vacant space (approx. 14,000 SF) available for lease or owner‑occupancy.
    • 100 parking spaces, three‑phase electric loading docks, and 15‑foot clear height.
    • High visibility location on a main street near major businesses, with convenient access to Routes 11 & 239.
    • Asking price: $1,950,000 ($84.10/SF).
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Restaurant Auto Repair Shop Department Store Food Market Grocery Store Convenience Store Shopping Mall Italian Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Shickshinny
    County
    Luzerne
    State
    Pennsylvania
    Longitude
    -76.1500233
    Latitude
    41.1515056

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Retail Center, High-Traffic Location
    Where is this lifestyle center located?
    The property is located at 5 Mountain Mall Shickshinny, PA.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: 23,187 SF shopping center in Shickshinny, PA on a 1.25-acre lot.; Strong tenant roster including Family Dollar (lease to 4/30/2033) and a Chinese restaurant (5 years remaining).; Significant vacant space (approx. 14,000 SF) available for lease or owner-occupancy.
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    5 Mountain Mall Shickshinny, PA 18655
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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
    5 Mountain Mall Shickshinny, PA 18655
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