1645 Wyoming Avenue, Scranton, PA 18509
$480,000
Property Type:
Commercial Sale
Square Footage:
10,465
Lot Size (sq. ft.):
10,454
Status:
Closed
Current Price:
$480,000
List Date:
4/05/2023
Last Modified:
2/27/2024
Description
Great Investment opportunity with these properties. The Banquet Hall is completely turnkey with already booked events, fully equipped commercial kitchen, and furniture. The first-floor banquet room fits up to 200 people, with a stage and a 400 sq. ft dance floor. The Second-floor Banquet Hall fits up to 50 people and has an additional bar space that just needs some finishing touches. The 3rd-floor is an older apartment just being used for storage but a great opportunity to generate income as a rented apartment or for out-of-town guest. The 3-unit next door is completely occupied and also included in the sale., Tax Information: Available, Additional Info: Inventory, equipment, Liquor License included.
Being sold with 1635 Wyoming Ave MLS#23-1205 Net Income: $20,610.99
Parking for up to 35 Cars.
Has a dumbwaiter that goes from the basement to the 2nd floor.
Central Air has 6 zones.
There is a 3-bedroom apartment on the 3rd floor.
Check out the business for sale:
http://www.greenridgeclub.net/, Ceiling Height: 13' to 16'- Y, No Overhead Door: Y
More Information MLS# 23-1203
Contract Information
Current Price: $480,000
Sold Price: $480,000
Status: Closed
Listing Contract Date: 2023-04-03
Property Attached YN: No
Listing Agreement: Exclusive Right To Sell
Buyer Brokerage Compensation: 3
Buyer Brokerage Compensation Type: %
Sub Agency Compensation: 3
Sub Agency Compensation Type: %
Transaction Broker Compensation Type: %
Dual Or Variable Rate Commission YN: No
Owner Name: Sinkaus Enterprises LLC
Environmental Survey YN: No
Location, Tax, and Legal
Street Number: 1645
Street Name: Wyoming
Street Suffix: Avenue
Municipality: Scranton City
State: PA
Postal Code: 18509
County: Lackawanna
High School District: Scranton
City Region: Green Ridge
Land Value: 7750
Improvement Value: 65250
County Tax Amount: 4666.16
Municipal Tax Amount: 5155.59
School Tax Amount: 10438.05
Tax Annual Amount: 20259.8
Tax Year: 2023
Tax Assessed Value: 73000
Parcel Number: 1351804002101
Additional Parcels YN: No
Zoning Description: Commercial
FEMA Zone: A
Directions: From Dunmore Turn right onto Green Ridge St.
go several blocks down to a right on Wyoming Ave. property is on the right.
Tax Book Number: 200522442
General Property Information
Building Area Total: 10465
Building Area Total (Report Only): 10465
Enhanced Accessible: No
Year Built: 1996
Building Name: N/A
Parking Total: 35
Lot Size Acres: 0.24
Lot Size Dimensions: 60X181
Land Lease YN: No
Basement YN: Yes
Stories: 3
Auction YN: No
List Price/SqFt: 76.44
Sold Price/SqFt: 45.87
Remarks and Miscellaneous
Public Remarks: Great Investment opportunity with these properties. The Banquet Hall is completely turnkey with already booked events, fully equipped commercial kitchen, and furniture. The first-floor banquet room fits up to 200 people, with a stage and a 400 sq. ft dance floor. The Second-floor Banquet Hall fits up to 50 people and has an additional bar space that just needs some finishing touches. The 3rd-floor is an older apartment just being used for storage but a great opportunity to generate income as a rented apartment or for out-of-town guest. The 3-unit next door is completely occupied and also included in the sale., Tax Information: Available, Additional Info: Inventory, equipment, Liquor License included.
Being sold with 1635 Wyoming Ave MLS#23-1205 Net Income: $20,610.99
Parking for up to 35 Cars.
Has a dumbwaiter that goes from the basement to the 2nd floor.
Central Air has 6 zones.
There is a 3-bedroom apartment on the 3rd floor.
Check out the business for sale:
http://www.greenridgeclub.net/, Ceiling Height: 13' to 16'- Y, No Overhead Door: Y
Exclusions: No
Status Change Information
Major Change Timestamp: 2024-02-07T01:15:18Z
Major Change Type: Status Change
Price Change Timestamp: 2023-07-19T00:06:16Z
Status Change Timestamp: 2024-02-06
Purchase Contract Date: 2023-10-26
Close Date: 2024-02-06
Close Price: 480000
Concessions: No
Buyer Financing: Other
Building Features
Number of Docks: 1
Retail SqFt: 9000
Oil, Gas and Mineral Rights
Property Subject To Lease: Property Subject To Lease
Road Frontage Type
Road Frontage Length: 60
Property Features
Building Features: Cooler Space; Equipment Included; Established Business; Furniture Included; Public Restrooms; Turnkey Operations
Business Type: Hall/Auditorium
Construction Materials: Vinyl Siding
Cooling: Central Air; Zoned
Current Use: Residential
Electric: 200+ Amp Service; Circuit Breakers
Flooring: Carpet; Ceramic Tile
Heating: Forced Air; Natural Gas
Levels: Three Or More
Listing Terms: Cash
Lot Features: Cleared; Sloped
Parking Features: Asphalt; Paved
Possession: Negotiable
Road Frontage Type: City Street
Road Surface Type: Paved
Roof: Composition; Wood
Sewer: Public Sewer
Special Licenses: Liquor
Water Source: Public
Showing Requirements: Appointment Only; Call Listing Agent; Showing Service
Listing Office: Hibble Harris Real Estate, Inc
Last Updated: February - 27 - 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.