5 Mountain Mall Shickshinny, PA 18655
- Retail properties
- 23,187 SF
- 1.25 lot acres
Current Use by Public Records
- Retail properties
Property Details for 5 Mountain Mall
- Year built
- 1990
- Lot size
- 1.25 lot acres
- Property size
- 23,187 SF
- Property type
- Retail properties
Description
This exceptional 23,187 square foot retail shopping center in Shickshinny, PA, presents a compelling investment opportunity. Currently boasting two long-term tenants, a Chinese restaurant (1,200 sq ft, five-year lease with five-year renewal option) and a Family Dollar (7,487 sq ft, lease extended to April 30, 2033), the property offers significant income potential. A substantial 14,000 square feet of vacant retail space is available, ideal for a variety of uses including grocery, department, or auto stores. The building features desirable amenities such as three-phase electric, loading docks, a 15-foot clear height, and ample parking accommodating 100 vehicles. Its prime location on a heavily trafficked Main Street ensures high visibility and accessibility. The property benefits from its proximity to key businesses including the Shickshinny Senior Center, Wells Fargo, CVS, and a UPS postal office, further enhancing its appeal. Convenient access to Routes 11 and 239 provides excellent regional connectivity. This 1.25-acre property offers a strong value-added opportunity for portfolio expansion. The asking price is $1,950,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Shickshinny
- County
- Luzerne
- State
- Pennsylvania
- Longitude
- -76.15
- Latitude
- 41.1517