Technical
Financial
Distress signals
Property profile

407 6Th Ave Scranton, PA 18503

OFF-MARKET
Retail properties & Spaces
3,000 SF 0.28 ac lot Built 1970
Saved · see the list in your Dashboard

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

Location

407 6Th Ave Scranton, PA 18503
Scranton metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 407 6Th Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message