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10 Green Ridge Street, Scranton, PA 18508

$1,490,000
Property Type: Commercial Sale Square Footage: 24,660 Lot Size (sq. ft.): 113,692 Status: Active
Current Price: $1,490,000 List Date: 4/04/2024 Last Modified: 4/04/2024

Description

Busy corner intersection in the Providence, north side of Scranton. Located on the Lackawanna river, with easy access to the Heritage Trail and adjacent to the Goodwill redevelopment project at North Scranton School. Average daily traffic count is 13,000 at the light. This is both a development play and investment. Shopping centers, housing, drugstores and gas station are within 1/4 mile. The 2.6 acre parcel consists of 4 buildings. Building 1 - The corner building, Triumph Auto Shop, is a Scranton landmark that has served as an automotive garage and showroom for many years. It's covered canopy on the corner leads into an office and showroom. The garages below have service pits and two large overhead doors. Massive steel I beams helped preserve the masonry and wood structure throughout the years. Upstairs is a two bedroom apartment. Building 2 - four retail units. Building 3 - Two retail and three warehouse units. Building 4 is warehouse. All three building are constructed as a cinderblock frame and are fully rented. They all have separate utilities and are income producing. Parcel ID# 13416-030-00201 is corner lot 60 x 125 Parcel ID# 13416-030-0020 is irregular and is 2.44 acres. Ingress and egress is possible from both Main Ave off of Giles Street and Greenridge Street.

More Information MLS# SC-1809

Contract Information

Current Price: $1,490,000 List Price: $1,490,000 Status: Active Listing Contract Date: 2024-04-03 Property Sub Type: Retail Listing Agreement: Exclusive Right To Sell Listing Service: Full Service Buyer Brokerage Compensation: 3 Buyer Brokerage Compensation Type: % Sub Agency Compensation Type: % Transaction Broker Compensation Type: % Dual Or Variable Rate Commission YN: No Owner Name: Mary Santarsiero Environmental Survey YN: No

Location, Tax, and Legal

Street Number: 10 Street Name: Green Ridge Street Suffix: Street Municipality: Scranton City State: PA Postal Code: 18508 County: Lackawanna High School District: Scranton City Region: North Scranton County Tax Amount: 6551.8 Municipal Tax Amount: 12079.73 School Tax Amount: 14656.16 Tax Annual Amount: 33287.7 Tax Year: 2023 Tax Assessed Value: 102500 Tax Information: Available Tax Other Annual Assessment Amount: 102500 Tax Legal Description: Two deeded parcels totaling 2.6 acres. Parcel ID# 13416-030-00201 Parcel ID# 13416-030-0020 Parcel Number: 1341603000201 Zoning: CN Zoning Description: Commercial FEMA Zone: AE Directions: Corner of Green Ridge Street and Main Avenue. Tax Book Number: 1361/0797

General Property Information

Business Name: Triumph Body Shop & No 10 Plaza. Number Of Buildings: 4 Number Of Units Total: 8 Building Area Total: 24660 Building Area Total (Report Only): 24660 Enhanced Accessible: No Year Built: 1930 Year Built Details: This property has 4 buildings on it built in various stages. The oldest is the corner building which was built in the 1930s. The multitenant building off of Greenridge Street were built over the last 40 years. Garage Spaces: 100 Parking Total: 100 Lot Size Acres: 2.61 Lot Size Dimensions: See public remarks Lot Dimensions Source: Assessor Land Lease YN: No Stories: 3 Sign On Property YN: Yes Leasable Area: 24660 Auction YN: No List Price/SqFt: 60.42

Remarks and Miscellaneous

Public Remarks: Busy corner intersection in the Providence, north side of Scranton. Located on the Lackawanna river, with easy access to the Heritage Trail and adjacent to the Goodwill redevelopment project at North Scranton School. Average daily traffic count is 13,000 at the light. This is both a development play and investment. Shopping centers, housing, drugstores and gas station are within 1/4 mile. The 2.6 acre parcel consists of 4 buildings. Building 1 - The corner building, Triumph Auto Shop, is a Scranton landmark that has served as an automotive garage and showroom for many years. It's covered canopy on the corner leads into an office and showroom. The garages below have service pits and two large overhead doors. Massive steel I beams helped preserve the masonry and wood structure throughout the years. Upstairs is a two bedroom apartment. Building 2 - four retail units. Building 3 - Two retail and three warehouse units. Building 4 is warehouse. All three building are constructed as a cinderblock frame and are fully rented. They all have separate utilities and are income producing. Parcel ID# 13416-030-00201 is corner lot 60 x 125 Parcel ID# 13416-030-0020 is irregular and is 2.44 acres. Ingress and egress is possible from both Main Ave off of Giles Street and Greenridge Street.

Status Change Information

Major Change Timestamp: 2024-04-04T14:56:07Z Major Change Type: New Listing Status Change Timestamp: 2024-04-04

Building Features

Included In Contract: Land/Building Ceiling Height: 10
Listing Office: Christian Saunders Real Estate
Last Updated: April - 04 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information deemed reliable but not guaranteed.