This Retail property is For Sale.

502 North Seventh Avenue
Scranton, PA 18504 ·

3,200 SF · Retail For Sale

$1,600,000

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Shops at Linden Place Unit 2

Price $1,600,000 No. Stories 1
Building Size 3,200 SF Tenancy Single
Price/SF $500 Year Built 2003
Property Type Retail Lot Size 4.87 AC
Property Sub-type Retail Pad APN / Parcel ID 1451903000201
Property Use Type Investment Parking Ratio 5 / 1,000 SF
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Listing ID: 18259320 Date Created: 07/12/2013 Last Updated: 01/14/2016

Description

Unit 2 is the second unit in a two unit condominium. The Unit 1 is improved with a Redner's Warehouse Market. Unit 2 consists of three non contiguous tracts of land. Tract 2A is unimproved, perpendicular to Redner's consisting of 1.218 acres, suitable for a strip building of approximately 15,000SF. Tract 2B is improved with a freestanding 3200SF Arby's currently vacant. Tract 2C is partially improved for overflow parking and retention and borders Sixth Avenue the the historic Freight Station on Lackawanna Avenue, the Heritage Trail and the Lackawanna River.

Located at the Seventh Avenue/Providence Road Exit of the Joseph M. McDade Expressway (US Rt. 11 and PA Rt. 307) This area is adjacent to the CBD and has undergone redevelopment over the last 10 years with a new high school, Mt. Pleasant Corporate Center, professional offices, sports facilities and retail. The location serves all sections of the City and its location at the western entrance to the downtown has the traffic flow from most of the suburbs and connects to I-81.

Highlights

  • Unique development opportunity.
  • Direct entrance to the Shops from Expressway at traffic lite intersection
  • Surrounding area experiencing new construction
  • Cleared level land
  • Parking lots in place with cross easements
  • Possible mixed use potential.

Research

502 North Seventh Avenue, Scranton, PA 18504 (Lackawanna County)

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