524 Court St Scranton, PA 18508

Property Details for 524 Court St

Lot size

0.25 lot acres

Property type

Investment properties

Property subtype

Live-work space

APN

13420040039

APU

13420040039

Description

This exceptional 2,700 square foot bar and restaurant, situated on a 0.17-acre lot at 524 Court Street in Scranton, PA, presents a unique investment opportunity. Located in an established neighborhood directly across the bridge from the anticipated Laceworks development, this property benefits from a loyal customer base and the imminent influx of new residents. The existing business enjoys a strong community presence, providing a solid foundation for future growth and expansion. The substantial increase in population anticipated with the Laceworks project offers significant potential for increased revenue and profitability. This turnkey operation is ready for a new owner to capitalize on the existing success and further develop the business to meet the demands of the growing neighborhood. The property's prime location and the exciting development nearby create a compelling investment case for those seeking a thriving business with significant upside. The 2,700 square feet of space provides ample room for operations, and the 0.17-acre lot offers potential for outdoor seating or expansion. This is a rare chance to acquire a well-established business in a rapidly developing area, poised for significant future success. The property is priced at $284,900 and offers a compelling return on investment for the right buyer. Don't miss this chance to own a piece of Scranton's vibrant culinary scene.

Location Insight

City

Scranton

County

Lackawanna

State

Pennsylvania

Longitude

-75.6613

Latitude

41.4268

CBSA code

42540

CBSA name

SCRANTON--WILKES-BARRE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments