Property summary
This exceptional investment opportunity presents a +/- 23,187 square foot retail shopping center located at 3-5 Mountain, Shickshinny, PA. The property sits on a 1.25-acre lot and is currently leased to two established, long-term tenants. A Chinese restaurant occupies approximately 1,200 square feet under a five-year lease with two five-year renewal options. Family Dollar occupies approximately 7,487 square feet, with a recently extended lease expiring April 30, 2033. A significant portion of the building, approximately 14,000 square feet, is currently vacant and presents a substantial opportunity for lease or owner-occupancy. Ideal uses for this space include, but are not limited to, grocery stores, department stores, or auto parts stores. The building boasts desirable features including three-phase electric service, loading docks, a 15-foot clear height ceiling, and ample parking accommodating 100 vehicles. This property offers a strong existing income stream complemented by the potential for significant future growth through leasing the vacant space. The combination of established tenants and the substantial vacant space makes this a compelling investment opportunity with excellent value-added potential. The asking price for this prime retail center is $1,950,000.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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