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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

407 6Th Ave Scranton, PA 18503

3,000 SF 0.28 ac lot Built 1970
Property ID
Property summary
AI-generated overview

This 3,000 square foot auto shop in Scranton, Pennsylvania, presents a lucrative investment opportunity. Located on a corner lot (0.28 acres) in a high-traffic area, this single-tenant property boasts a C-G general commercial zoning designation, allowing for diverse business applications. The building, constructed in 1970 and renovated in the same year, features four bays, two offices with separate entrances, and two restrooms. Ample parking is provided by a newly fenced lot. Recent improvements (December 2023) include a new roof (shingles, flashing, and gutters), updated electrical and plumbing systems, new work lighting, and new overhead doors (9'-12' height). The interior and exterior have been freshly painted, and a security camera system is in place. Two additional lots (25x150 and 25x83.5) are included in the sale. The asking price is $389,000, translating to $129.67 per square foot. This property is a turnkey operation ready for immediate occupancy.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1970
Total area 3,000 SF
Lot 0.28 ac (12,197 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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