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400 Route 315, Pittston, PA 18640

$2,600,000
Property Type: Commercial Sale Square Footage: 22,500 Lot Size (sq. ft.): 64,469 Status: Closed
Current Price: $2,600,000 List Date: 4/02/2022 Last Modified: 12/11/2023

Description

Strip Mall in the busy Pittston Crossings Plaza next to Walmart. Plaza has a mix of tenants such as T-Mobile, Wyoming Spine and Nerve Inst, Miller-Keystone Blood Center, Envy Nails, University of Pittsburgh, and Angels on Call., Tax Information: Available, Ceiling Height: Up to 8' - Y, Ceiling Height: 9' to 12'- Y, No Overhead Door: Y

More Information MLS# 22-1249

Contract Information

Current Price: $2,600,000 Sold Price: $2,600,000 Status: Closed Listing Contract Date: 2022-04-02 Property Attached YN: No Listing Agreement: Exclusive Right To Sell Buyer Brokerage Compensation Type: % Sub Agency Compensation Type: % Transaction Broker Compensation Type: % Dual Or Variable Rate Commission YN: No Owner Name: 329 Penn Avenue Associates Environmental Survey YN: No

Location, Tax, and Legal

Street Number: 400 Street Name: Route 315 Municipality: Pittston Township State: PA Postal Code: 18640 County: Luzerne High School District: Pittston Area City Region: Pittston TWP Tax Annual Amount: 43665 Tax Year: 2022 Tax Assessed Value: 444000 Parcel Number: 202115236 Additional Parcels YN: No Zoning Description: Commercial Directions: Route 315 Pittston Next to Walmart at Pittson Crossings. Building is on the left next to Holiday Inn. Tax Book Number: 188/29

General Property Information

Building Area Total: 22500 Building Area Total (Report Only): 22500 Enhanced Accessible: No Year Built: 1987 Building Name: N/A Parking Total: 60 Lot Size Acres: 1.48 Lot Size Dimensions: 454x417x25x490 Land Lease YN: No Basement YN: No Stories: 1 Auction YN: No List Price/SqFt: 124.4 Sold Price/SqFt: 115.56

Remarks and Miscellaneous

Public Remarks: Strip Mall in the busy Pittston Crossings Plaza next to Walmart. Plaza has a mix of tenants such as T-Mobile, Wyoming Spine and Nerve Inst, Miller-Keystone Blood Center, Envy Nails, University of Pittsburgh, and Angels on Call., Tax Information: Available, Ceiling Height: Up to 8' - Y, Ceiling Height: 9' to 12'- Y, No Overhead Door: Y Exclusions: No

Status Change Information

Major Change Timestamp: 2022-10-06T20:15:19Z Major Change Type: Status Change Status Change Timestamp: 2022-10-06 Purchase Contract Date: 2022-07-07 Close Date: 2022-10-06 Close Price: 2600000 Concessions: No

Building Features

Included In Contract: Land/Building Retail SqFt: 22500

Income and Expenses

Annual Total Expense: 62328 Gross Income: 235803

Oil, Gas and Mineral Rights

Property Subject To Lease: Property Subject To Lease

Road Frontage Type

Road Frontage Length: 454

Property Features

Building Features: High Traffic Area; Prime Location; Public Restrooms; Separate Utilities; Sprinkler System Business Type: Dental; Medical Construction Materials: Plaster; Stucco Cooling: Central Air Current Use: Office; Retail Electric: Circuit Breakers; Phase 3 Flooring: Carpet; Concrete; Vinyl Heating: Electric; Forced Air; Natural Gas Levels: One Listing Terms: Cash; Conventional Lot Features: Level; Near Shopping Center Parking Features: Asphalt; Parking Lot Possession: Negotiable Road Frontage Type: City Street Road Surface Type: Paved Roof: Rubber Security Features: Fire Alarm Sewer: Public Sewer Water Source: Public
Listing Office: Weichert Realtors Hibble & Associates
Last Updated: December - 11 - 2023

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.