Sanderson Ave Scranton, PA 18509

Property Details for Sanderson Ave

Year built

1945

Lot size

0.72 lot acres

Property size

13,850 SF

Property type

Commercial real estate

Description

This exceptional 13,850 square foot property, situated on a 0.72-acre lot in Scranton, Pennsylvania, presents a unique investment opportunity. Previously operating as a 64-bed personal care home, this versatile building offers immense potential for a wide range of adaptive reuse scenarios. The substantial square footage, combined with ample on-site parking, makes it ideal for various commercial ventures. Consideration could include, but is not limited to, inpatient treatment facilities, multi-family apartment conversions, educational institutions, or childcare centers. The existing structure boasts a significant basement area, much of which is naturally daylighted, providing additional space for expansion or development. This presents a rare chance to acquire a substantial property at a remarkably low cost per square foot. The property's location in Scranton offers convenient access to local amenities and transportation networks. The building's solid foundation and adaptable layout provide a strong base for a successful redevelopment project. This is a prime opportunity for an investor seeking a high-return project with significant upside potential. The property is being offered at $849,995, representing an attractive price point for the size and potential of the building. Serious inquiries are encouraged to explore the possibilities of this unique investment.