Sanderson Ave Scranton, PA 18509
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.