622 Ctr St, Freeland, PA 18224-1911
- Parking lots & garages
- 0.23 lot acres
Current Use by Public Records
- Parking lots & garages
Property Details for 622 Ctr St
- Lot size
- 0.23 lot acres
- Property type
- Parking lots & garages
- APN
- 22-R9NE2-019-009
- APU
- 22R9NE2019009
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 8, 2024 | $62,500 | Kuber LLC | Freeland Business And Dev Authority | Deed | — |
| Jan 25, 2023 | — | Freeland Business & Dev Authority | Freeland Business & Development Aut | Intrafamily Transfer · related | — |
| Jan 14, 2019 | $4,829 | Freeland Busn & Dev Authority | Tax Claim Bureau Of Luzer|guarino,gregory | Tax Deed · related | — |
| Feb 6, 2013 | $60,000 | Gregory Guarino | Investors Multiservices INC | Grant Deed | — |
| Oct 5, 2006 | $26,500 | Investors Multi Services INC | Guarino,gregory | Grant Deed | — |
| Jun 6, 2006 | — | Guarino,gregory | Swallow,marie | Grant Deed · related | — |
Description
This Freeland, PA commercial property offers a prime investment opportunity: a 28-space permit parking lot situated on a bustling, metered street at 622 Centre Street. The 0.21-acre lot presents a strong potential for consistent cash flow with minimal overhead expenses. Its location on a busy street ensures high demand for parking spaces, making it an attractive option for commuters and local businesses. The property's current configuration is ideal for immediate income generation, requiring minimal capital investment for ongoing maintenance. This makes it a particularly appealing asset for investors seeking a low-risk, high-return investment with significant upside potential. The property is priced competitively at $104,900, representing a compelling entry point into the commercial real estate market. This turnkey operation requires minimal management, making it suitable for both seasoned investors and those new to the field. The property's strong location and proven demand for parking make it a sound addition to any diversified investment portfolio. Serious inquiries are encouraged to explore this exceptional opportunity further.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Freeland
- County
- Luzerne
- State
- Pennsylvania
- Longitude
- -75.8979
- Latitude
- 41.018
- CBSA code
- 42540
- CBSA name
- SCRANTON--WILKES-BARRE, PA METROPOLITAN STATISTICAL AREA
