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Property profile

120 Adams Ave Scranton, PA 18503

OFF-MARKET
Retail properties & Spaces
0.44 ac lot
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Property summary

AI-generated overview

This exceptional retail opportunity presents 4,725 square feet of vacant, street-level space within the Medallion Parking Garage building at 120 Adams Avenue, Wilkes-Barre/Scranton. Located in Lackawanna County, this property boasts a convenient Adams Avenue address and is zoned C-D, offering significant flexibility for a variety of retail or restaurant uses. The single building, situated on a 0.44-acre lot (APN 15635020033), features eight stories, though the available space is exclusively on the ground floor. The space is currently a "vanilla shell," providing a blank canvas for a tenant to customize the build-out to perfectly match their business needs. Photos showcasing the current condition of the space are available upon request. This is a multi-tenant building, presenting a chance to be part of a vibrant commercial environment. The property's prime location within the Wilkes-Barre/Scranton submarket ensures high visibility and accessibility for customers. This is an excellent opportunity for businesses seeking a high-traffic location with significant potential for growth. The raw space allows for complete design freedom, enabling tenants to create a truly unique and functional retail environment. Don't miss this chance to secure a prominent retail presence in a thriving downtown area.

Property profile

Verified
Property type Retail properties & Spaces
Lot 0.44 ac (19,166 SF)

Cap rate & NOI

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

Location

120 Adams Ave Scranton, PA 18503
Scranton metro
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Value estimations

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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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