434 Lackawanna Avenue, Scranton, PA 18503
$700,000
Property Type:
Commercial Sale
Square Footage:
12,000
Lot Size (sq. ft.):
3,485
Status:
Closed
Current Price:
$700,000
List Date:
6/21/2023
Last Modified:
12/11/2023
Description
The former bank and now office building situated at 434 Lackawanna Ave in Scranton, PA is a prominent three-story structure occupying an area of approximately 12,000 square feet. Its strategic location in the bustling downtown business district of Scranton makes it highly desirable for various enterprises. Notably, the building enjoys close proximity to the Steamtown Mall, facilitating a constant influx of foot and car traffic throughout the day., Tax Information: Available, Ceiling Height: 9' to 12'- Y, No Overhead Door: Y
More Information MLS# 23-1863
Contract Information
Current Price: $700,000
Sold Price: $700,000
Status: Closed
Listing Contract Date: 2023-05-12
Property Attached YN: No
Listing Agreement: Exclusive Right To Sell
Buyer Brokerage Compensation: 1.5
Buyer Brokerage Compensation Type: %
Sub Agency Compensation Type: %
Transaction Broker Compensation Type: %
Dual Or Variable Rate Commission YN: No
Owner Name: HUYLO ROBERT J & DBA HUYLO REA
Environmental Survey YN: No
Location, Tax, and Legal
Street Number: 434
Street Name: Lackawanna
Street Suffix: Avenue
Municipality: Scranton City
State: PA
Postal Code: 18503
County: Lackawanna
High School District: Scranton
City Region: Central City
Land Value: 35000
Improvement Value: 33000
County Tax Amount: 4346.56
Municipal Tax Amount: 10051.85
School Tax Amount: 9723.12
Tax Annual Amount: 24121.52
Tax Year: 2022
Tax Assessed Value: 68000
Parcel Number: 15635010022
Additional Parcels YN: No
Zoning Description: Commercial
Directions: Downtown Scranton, down the road from the Steamtown Mall. Right across from Alexander's salon and spa on the corner.
Tax Book Number: 2015/20311
General Property Information
Building Area Total: 12000
Building Area Total (Report Only): 12000
Enhanced Accessible: No
Year Built: 1910
Building Name: N/A
Lot Size Acres: 0.08
Lot Size Dimensions: 35X108
Land Lease YN: No
Basement YN: No
Stories: 3
Auction YN: No
List Price/SqFt: 66.58
Sold Price/SqFt: 58.33
Remarks and Miscellaneous
Public Remarks: The former bank and now office building situated at 434 Lackawanna Ave in Scranton, PA is a prominent three-story structure occupying an area of approximately 12,000 square feet. Its strategic location in the bustling downtown business district of Scranton makes it highly desirable for various enterprises. Notably, the building enjoys close proximity to the Steamtown Mall, facilitating a constant influx of foot and car traffic throughout the day., Tax Information: Available, Ceiling Height: 9' to 12'- Y, No Overhead Door: Y
Exclusions: No
Status Change Information
Major Change Timestamp: 2023-09-29T19:13:10Z
Major Change Type: Status Change
Status Change Timestamp: 2023-09-29
Purchase Contract Date: 2023-07-20
Close Date: 2023-09-28
Close Price: 700000
Concessions: No
Building Features
Included In Contract: Land/Building
Oil, Gas and Mineral Rights
Property Subject To Lease: Property Subject To Lease
Road Frontage Type
Road Frontage Length: 38
Property Features
Building Features: Elevator; Equipment Included; Finished Office; Furniture Included; High Traffic Area; Prime Location
Construction Materials: Brick; Stone
Cooling: Central Air
Current Use: Office
Electric: Phase 3
Flooring: Carpet
Heating: Forced Air; Natural Gas
Levels: Three Or More
Listing Terms: 1031 Exchange; Cash
Lot Features: Corner Lot; Near Central Business District; Sloped
Parking Features: On Street; None
Possession: Negotiable
Road Frontage Type: City Street
Roof: Rubber
Sewer: Public Sewer
Water Source: Public
Showing Requirements: Call Listing Agent; Email Listing Agent
Listing Office: Coldwell Banker Town & Country Properties
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.