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Property profile

1941 Boulevard Ave Scranton, PA 18509

OFF-MARKET
Retail properties & Spaces
1,700 SF
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Property summary

AI-generated overview

This exceptional 1,700 square foot convenience store, located at 1941 Boulevard Ave in Scranton, Pennsylvania, presents a unique owner-user investment opportunity. Completely renovated in 2023, the property boasts brand new HVAC systems, electrical work, fresh paint, and updated lighting throughout. The building features a high ceiling (up to 8 feet) and is equipped with a security camera system. Its prime corner location on Boulevard Ave in Lackawanna County (zip code 18509) ensures excellent visibility and accessibility for customers, benefiting from high foot and vehicle traffic. Ample parking is available. The property is currently vacant, providing a blank canvas for a new business venture. The asking price is $265,000, translating to $155.88 per square foot. The permitted commercial zoning allows for a variety of retail uses, making it ideal for a convenience store, beer store, vape shop, smoke shop, or other similar businesses. This is a rare chance to own a turn-key retail space in a desirable location, eliminating the need for costly renovations and allowing immediate occupancy. Don't miss this chance to own your own business or secure a valuable investment property.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,700 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1941 Boulevard Ave Scranton, PA 18509
Scranton metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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