407 6Th Ave Scranton, PA 18503
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.
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 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.