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197 Commerce Drive, Scott Twp, PA 18447

$1,450,000
Property Type: Commercial Sale Square Footage: 23,556 Lot Size (sq. ft.): 217,800 Status: Active
Current Price: $1,450,000 List Date: 4/06/2024 Last Modified: 4/15/2024

Description

3-level office laboratory facility. Special use currently occupied by single tenant. Great short term income with options to prove to be an excellent investment. Short term primary lease with 2 years remaining. Three 2-year options Tenant may exercise. Please call agent for details.

More Information MLS# SC-1791

Contract Information

Current Price: $1,450,000 List Price: $1,450,000 Status: Active Listing Contract Date: 2024-04-01 Property Sub Type: Office Property Attached YN: No Listing Agreement: Exclusive Right To Sell 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: Weatherbey Street Holdings, LLC Environmental Survey YN: No

Location, Tax, and Legal

Street Number: 197 Street Name: Commerce Street Suffix: Drive Municipality: Scott Township State: PA Postal Code: 18447 County: Lackawanna High School District: Lakeland City Region: Scott TWP County Tax Amount: 5336.04 Municipal Tax Amount: 1168.72 School Tax Amount: 10833.2 Tax Annual Amount: 17337.96 Tax Year: 2024 Tax Assessed Value: 83480 Tax Information: Available Tax Other Annual Assessment Amount: 83480 Parcel Number: 07104010004 Additional Parcels YN: No Zoning: DD Zoning Description: Commercial Directions: From I-81 take Exit 197 to PA-632 E in Scott Township. Turn right onto PA-632 and proceed 1.2 miles. Property on the left. Tax Book Number: 2016/1440

General Property Information

Number Of Buildings: 1 Number Of Units Total: 1 Building Area Total: 23556 Building Area Total (Report Only): 23556 Enhanced Accessible: No Year Built: 1900 Parking Total: 30 Lot Size Acres: 5 Lot Size Dimensions: See Documents Stories: 2 Sign On Property YN: No Auction YN: No List Price/SqFt: 61.56

Remarks and Miscellaneous

Public Remarks: 3-level office laboratory facility. Special use currently occupied by single tenant. Great short term income with options to prove to be an excellent investment. Short term primary lease with 2 years remaining. Three 2-year options Tenant may exercise. Please call agent for details. Exclusions: Exclusion applies.

Status Change Information

Major Change Timestamp: 2024-04-06T22:10:58Z Major Change Type: Back on Market Status Change Timestamp: 2024-04-06 Back on Market Date: 2024-04-06

Building Features

Included In Contract: Land/Building

Property Features

Cooling: Central Air Electric: 200+ Amp Service Flooring: Ceramic Tile Heating: Electric; Heat Pump Parking Features: Asphalt Possible Use: Commercial; Office Road Surface Type: Paved Roof: Shingle Sewer: Public Sewer Utilities: Electricity Connected; Sewer Connected; Water Connected Water Source: Other Showing Requirements: Appointment Only; Call Listing Agent
Listing Office: Mericle Commercial Real Estate
Last Updated: April - 15 - 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.