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    Sanderson Ave Scranton, PA 18509
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    Sanderson Ave, Scranton, PA 18509

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    • Commercial real estate
    • 13,850 SF
    • 0.72 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for Sanderson Ave

    Year built
    1945
    Lot size
    0.72 lot acres
    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.


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    Location Insight

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    • Local Demand
    City
    Scranton
    County
    Lackawanna
    State
    Pennsylvania
    Longitude
    -75.6586
    Latitude
    41.4199
    More about this property
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