622 Ctr St Freeland, PA 18224-1911

Property Details for 622 Ctr St

Lot size

0.23 lot acres

Property type

Parking lots & garages

APN

22-R9NE2-019-009

APU

22R9NE2019009

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.

Location Insight

City

Freeland

County

Luzerne

State

Pennsylvania

Longitude

-75.8979

Latitude

41.018

CBSA code

42540

CBSA name

SCRANTON--WILKES-BARRE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments