Current Use by Public Records
- Discount Power Equipment / (Bike/Boat/Book/etc) Store / Rental Equipment Company
- Scranton Grinder & Hardware / (Bike/Boat/Book/etc) Store / Garden Center
Property Details for 1020 Hemlock St
- Year built
- 1940
- Lot size
- 0.27 lot acres
- Property type
- Mixed-use properties
Description
This exceptional mixed-use property at 1020 Hemlock Street, Scranton, PA, presents a unique investment opportunity. Spanning 14,291 square feet on a 0.27-acre corner lot in a Highway Commercial Zone, this building currently houses a thriving business encompassing small engine repair, sales, and a hardware store. The property boasts ample macadam parking and excellent visibility from Moosic Street. The ground floor features a showroom, dedicated space for grinding and sharpening machinery, and ample storage for inventory. Convenient overhead garage doors provide easy access for equipment and deliveries. A substantial basement area, also accessible from street level, offers additional storage and workspace, also featuring overhead garage doors. The second floor provides dedicated office space, ideal for administrative functions or expansion. Included in the sale are the existing showroom displays, grinding/sharpening machines, and current inventory (note that inventory levels will vary at the time of sale due to ongoing business operations). Please note that some equipment is not included in the sale as it is held on consignment. This turnkey operation offers immediate income potential and significant upside for a savvy investor. The prime location and established clientele base make this a truly exceptional opportunity.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Scranton
- County
- Lackawanna
- State
- Pennsylvania
- Longitude
- -75.652
- Latitude
- 41.3964
