401 Adams Ave Scranton, PA 18510
- Commercial real estate
- 97,481 SF
Current Use by Public Records
- Firestone Alan N DDS / Dentist
- Stofko Albert E DDS / Dentist
- Lackawanna College Commons (Future) / College
- Tara Pagotto / Audiologist
- Ashley L. Davis, CRNP / Nurse Practitioner
Property Details for 401 Adams Ave
- Property size
- 97,481 SF
- Property type
- Commercial real estate
- APN
- Part of PIN: 1458401001701
Description
This exceptional six-story, 97,481 square foot traditional office building located at 401 Adams Avenue in Scranton, Pennsylvania, presents a compelling redevelopment opportunity. Currently zoned D (City Downtown Mixed Use), this property offers significant potential for adaptive reuse. The building's substantial size, situated on a parcel identified as part of PIN: 1458401001701, makes it ideal for a variety of projects. The asking price of $2,990,000 represents a remarkable value for a building of this scale. While currently configured as multi-tenant office space, the property's zoning allows for exploration of alternative uses, including the possibility of conversion to multi-family residential units. Please note that the property will be subdivided prior to closing, and property taxes are to be determined. This is a unique chance to acquire a significant asset in Scranton's vibrant downtown core. The building's location within Lackawanna County, PA, zip code 18510, provides excellent access to local amenities and transportation networks. This is a prime opportunity for investors and developers seeking a large-scale project with substantial upside potential. Serious inquiries are encouraged.
Value Estimation
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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
- -75.659466979955
- Latitude
- 41.409710899804
