968 Prescott Ave Scranton, PA 18510
Premier redevelopment opportunity with architectural presence.Positioned n a highly visible, high traffic location, this former banking institution offers exceptional potential for redevelopment or custom build out. Situated on a desirable commercial corridor, the property benefits from strong exposure and convenient access, making it ideal for variety of business uses. The interior has been fully cleared with floors removed, presenting a blank slate for investors, developers, or owner-users seeking flexibility in design. The existing structure provides solid construction and the unique character of a former institution, offering possibilities for retail, medical, or mixed use conversion. The property includes a dedicated 15 car parking lot, ensuring ample on site parking for staff and customers. Its prime location and and adaptable layout make it a standout opportunity for those looking to create a customized commercial space in a sought after area. Endless potential to reimagine and maximize value, bring your vision and transform this space into your next successful venture.
-
Peoples Security Bank & Trust Company Bank Loan Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.