700 S State Street, Clarks Summit, PA 18411
$3,500,000
Property Type:
Commercial Sale
Square Footage:
5,000
Lot Size (sq. ft.):
1,132,560,000
Status:
Active
Current Price:
$3,500,000
List Date:
2/07/2024
Last Modified:
3/20/2024
Description
This property is currently occupied by Abington Kids Day Care under a Gross lease that runs through December 31, 2028; tenant pays all utilities. ALL showings must be coordinated by Listing Agent with a minimum of 48 hr. notice to avoid interfering with their daily activities; preferably evenings or weekends. 700 S. STATE ST. IS BEING SOLD TOGETHER WITH 718 S. STATE ST. THAT IS CONTIGUOUS WITH IT.
ALL prospective Buyers MUST provide a recent proof of personal funds on their financial institution letterhead or a recent bank/lender pre-approval prior to showing.
More Information MLS# SC-963
Contract Information
Current Price: $3,500,000
List Price: $3,500,000
Status: Active
Listing Contract Date: 2024-02-05
Property Sub Type: Business
Property Attached YN: No
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
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: State Street Realty LP
Availability Date: 2024-02-12
Environmental Survey YN: No
Location, Tax, and Legal
Street Number: 700
Street Direction Prefix: S
Street Name: State
Street Suffix: Street
Municipality: Clarks Summit Borough
State: PA
Postal Code: 18411
County: Lackawanna
High School District: Abington Heights
City Region: Clarks Summit
County Tax Amount: 3309.78
Municipal Tax Amount: 1644.02
School Tax Amount: 6896.53
Tax Annual Amount: 11850.32
Tax Year: 2023
Tax Assessed Value: 51780
Tax Information: Available
Tax Other Annual Assessment Amount: 51780
Parcel Number: 1000801002100
Additional Parcels YN: Yes
Additional Parcels Description: 718 S. State St.
Zoning: CO1
Zoning Description: Commercial
Directions: Heading north on State St., property is located on the left before the intersection of Knapp Rd.
Tax Book Number: 200600499
General Property Information
Number Of Units Total: 1
Building Area Total: 5000
Building Area Total (Report Only): 5000
Enhanced Accessible: Yes
Year Built: 1995
Lot Size Acres: 26000
Lot Size Dimensions: W-01
Lot Dimensions Source: Estimated
Land Lease YN: No
Basement YN: No
Stories: 1
Sign On Property YN: No
Auction YN: No
List Price/SqFt: 700
Remarks and Miscellaneous
Public Remarks: This property is currently occupied by Abington Kids Day Care under a Gross lease that runs through December 31, 2028; tenant pays all utilities. ALL showings must be coordinated by Listing Agent with a minimum of 48 hr. notice to avoid interfering with their daily activities; preferably evenings or weekends. 700 S. STATE ST. IS BEING SOLD TOGETHER WITH 718 S. STATE ST. THAT IS CONTIGUOUS WITH IT.
ALL prospective Buyers MUST provide a recent proof of personal funds on their financial institution letterhead or a recent bank/lender pre-approval prior to showing.
Status Change Information
Major Change Timestamp: 2024-02-07T17:57:40Z
Major Change Type: New Listing
Status Change Timestamp: 2024-02-07
Building Features
Included In Contract: Land/Building
Property Features
Accessibility Features: Accessible Entrance
Cooling: Central Air
Current Use: Commercial; See Remarks
Electric: 220 Volts
Heating: Electric; Forced Air
Levels: One
Listing Terms: Cash; Conventional
Lot Features: Near Central Business District; Near General Business; Near Golf Course; Near Shopping Center; Not In Development
Owner Pays: Insurance; Taxes
Parking Features: Accessible Parking; Asphalt; Driveway; Parking Lot; Paved
Possession: Negotiable
Possible Use: Commercial; Investment; Medical/Dental; Office
Road Frontage Type: Highway; State Road
Road Surface Type: Asphalt; Paved
Roof: Asbestos Shingle
Security Features: Fire Alarm; Security System
Sewer: Public Sewer
Structure Type: Office
Tenant Pays: All Utilities; Janitorial Service; Telephone
Utilities: Cable Available; Cable Connected; Electricity Connected; Sewer Connected; Water Connected
Water Source: Public
Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Email Listing Agent; No Sign; Occupied; Restricted Hours; Show Notice Required; Text Listing Agent
Listing Office: Hinerfeld Commercial Real Estate
Last Updated: March - 20 - 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.