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334-352 Adams Avenue, Scranton, PA 18503

$1,787,250
Property Type: Commercial Sale Square Footage: 24,710 Lot Size (sq. ft.): 27,007 Status: Closed
Current Price: $1,787,250 List Date: 12/29/2022 Last Modified: 4/01/2024

Description

Half a block in downtown Scranton. This sale consists of 9 retail store fronts, 12 apartments above as well as a parking lot in back for approximately 24 cars Building is 100% rented and all units are separately metered for utilities., Tax Information: Available, Ceiling Height: Up to 8' - Y, Ceiling Height: 9' to 12'- Y, Overhead Door Height: 9' to 12'- Y

More Information MLS# 22-5448

Contract Information

Current Price: $1,787,250 Sold Price: $1,787,250 Status: Closed Listing Contract Date: 2022-08-02 Property Attached YN: No Listing Agreement: Exclusive Right To Sell Buyer Brokerage Compensation: 2.5 Buyer Brokerage Compensation Type: % Sub Agency Compensation Type: % Transaction Broker Compensation Type: % Dual Or Variable Rate Commission YN: No Owner Name: DDRC REALTY COMPANY Environmental Survey YN: No

Location, Tax, and Legal

Street Number: 334-352 Street Name: Adams Street Suffix: Avenue Municipality: Scranton City State: PA Postal Code: 18503 County: Lackawanna High School District: Scranton City Region: Central City Land Value: 60000 Improvement Value: 20000 County Tax Amount: 5113.6 Municipal Tax Amount: 15382.54 School Tax Amount: 11438.96 Tax Annual Amount: 31935.1 Tax Year: 2022 Tax Assessed Value: 80000 Tax Other Annual Assessment Amount: 80000 Parcel Number: 15628010025 Additional Parcels YN: Yes Zoning Description: Commercial Directions: Downtown Scranton, Corner of Adams ave and Mulberry Street Tax Book Number: 0922/0027

General Property Information

Building Area Total: 24710 Building Area Total (Report Only): 24710 Enhanced Accessible: No Year Built: 1910 Building Name: N/A Parking Total: 18 Lot Size Acres: 0.62 Lot Size Dimensions: 130X160 Land Lease YN: No Basement YN: No Stories: 2 Auction YN: No List Price/SqFt: 72.33 Sold Price/SqFt: 72.33

Remarks and Miscellaneous

Public Remarks: Half a block in downtown Scranton. This sale consists of 9 retail store fronts, 12 apartments above as well as a parking lot in back for approximately 24 cars Building is 100% rented and all units are separately metered for utilities., Tax Information: Available, Ceiling Height: Up to 8' - Y, Ceiling Height: 9' to 12'- Y, Overhead Door Height: 9' to 12'- Y Exclusions: No

Status Change Information

Major Change Timestamp: 2022-12-29T22:03:28Z Major Change Type: Status Change Status Change Timestamp: 2022-12-29 Purchase Contract Date: 2022-08-02 Close Date: 2022-12-29 Close Price: 1787250 Concessions: No

Building Features

Included In Contract: Building Only Number of Docks: 1 Retail SqFt: 12355

Oil, Gas and Mineral Rights

Property Subject To Lease: Property Subject To Lease

Road Frontage Type

Road Frontage Length: 170

Property Features

Construction Materials: Stone Cooling: Central Air Current Use: See Remarks Electric: Circuit Breakers Flooring: Carpet; Vinyl; Wood Heating: Forced Air; Natural Gas Levels: One and One Half Listing Terms: 1031 Exchange; Cash Lot Features: Corner Lot; Near Central Business District; Rolling Slope Parking Features: Unpaved; None Possession: Negotiable Road Frontage Type: State Road Road Surface Type: Paved Roof: Rubber Sewer: Public Sewer Water Source: Public Showing Requirements: Text Listing Agent
Listing Office: The Hub Real Estate Group LLC
Last Updated: April - 01 - 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.