2030 Memorial Hwy Shavertown, PA 18708-1548
- Investment properties
- 0.14 lot acres
Current Use by Public Records
- Investment properties
Property Details for 2030 Memorial Hwy
- Lot size
- 0.14 lot acres
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 10-E8S4-005-010
- APU
- 10E8S4005010
Description
This 990-square-foot commercial property located at 2030 Memorial Highway in Shavertown, Pennsylvania, presents a unique investment opportunity. Priced at $325,000, the building sits on a lot with no acreage specified. Its previous uses include a dog grooming business and a used car sales business, demonstrating its adaptability to a variety of commercial ventures. The property's zoning allows for a blend of residential and commercial use, offering exciting possibilities for owner-occupants. Imagine establishing your business while enjoying the convenience of living on-site. The layout suggests potential for conversion into a four-bedroom home, seamlessly integrating living and working spaces. This flexibility makes it ideal for entrepreneurs seeking a combined residential and commercial space, or for investors looking for a property with multiple income streams. The property's location in Shavertown offers access to local amenities and a potentially strong customer base. Serious inquiries are encouraged to explore the full potential of this versatile commercial property and its unique blend of residential and commercial possibilities. The property is ready for its next chapter, and the possibilities are truly endless. Don't miss this chance to acquire a property with such significant upside potential.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $240,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $240,000
- 6.5%
- $255,000
- 7%
- $215,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $245,000
- Geo Method
- $220,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $225,000
- Retail
- $220,000
- Mixed-Use
- $245,000
- Hospitality
- $260,000
- Educational
- $230,000
- Residential Income
- $235,000
- Energy
- $265,000
- Income-Based Land
- $220,000
- Food Service
- $215,000
Location Insight
- Map
- Local Demand
- City
- Shavertown
- County
- Luzerne
- State
- Pennsylvania
- Longitude
- -75.9444
- Latitude
- 41.3244
- CBSA code
- 42540
- CBSA name
- SCRANTON--WILKES-BARRE, PA METROPOLITAN STATISTICAL AREA