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116 Salem Ave 30 Unit Apartment Building $1,175,000 ($39,167/Unit) Carbondale, PA 18407
Executive Summary
108-116 Salem Ave Assemblage/ Fully Approved Corner Redevelopment Site.
Adaptive Reuse & Mixed-Use Redevelopment Opportunity.
Offering includes three contiguous parcels, one of which contains an existing 32,272 Sf Ft building. Located at 108, 110, and 116 Salem Avenue, forming a prime redevelopment site with additional frontage along Spring and Prince Streets.
3-parcel assemblage
Approx. 43,000 SF total land
Approx. 32,272 SF existing structure
Mixed-use zoning approved
Corner / multi-street frontage: Salem Ave, Spring 108-116 Salem Ave Assemblage | Corner Development
Site Offering includes three contiguous parcels located at 108, 110, and 116 Salem Avenue, forming a prime redevelopment site with additional frontage along Spring and Prince Streets.
3-parcel assemblage
Approx. 43,000 SF total land
Approx. 32,272 SF existing structure
Multi Family Mixed-Use zoning approved
Corner / multi-street frontage: Salem Ave, Spring St, Prince St
49+ parking spaces
Includes 108, 110, and 116 Salem Ave (3 contiguous parcels)
Adaptive Reuse & Mixed-Use Redevelopment Opportunity.
Offering includes three contiguous parcels, one of which contains an existing 32,272 Sf Ft building. Located at 108, 110, and 116 Salem Avenue, forming a prime redevelopment site with additional frontage along Spring and Prince Streets.
3-parcel assemblage
Approx. 43,000 SF total land
Approx. 32,272 SF existing structure
Mixed-use zoning approved
Corner / multi-street frontage: Salem Ave, Spring 108-116 Salem Ave Assemblage | Corner Development
Site Offering includes three contiguous parcels located at 108, 110, and 116 Salem Avenue, forming a prime redevelopment site with additional frontage along Spring and Prince Streets.
3-parcel assemblage
Approx. 43,000 SF total land
Approx. 32,272 SF existing structure
Multi Family Mixed-Use zoning approved
Corner / multi-street frontage: Salem Ave, Spring St, Prince St
49+ parking spaces
Includes 108, 110, and 116 Salem Ave (3 contiguous parcels)
Property Facts
| Price | $1,175,000 | Building Class | C |
| Price Per Unit | $39,167 | Lot Size | 0.21 AC |
| Sale Type | Investment | Building Size | 43,550 SF |
| No. Units | 30 | No. Stories | 4 |
| Property Type | Multifamily | Year Built/Renovated | 1910/2024 |
| Property Subtype | Apartment | Parking Ratio | 1.41/1,000 SF |
| Apartment Style | Mid-Rise | ||
| Zoning | Multi Unit Residential - Commercial, Residential | ||
| Price | $1,175,000 |
| Price Per Unit | $39,167 |
| Sale Type | Investment |
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 43,550 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1910/2024 |
| Parking Ratio | 1.41/1,000 SF |
| Zoning | Multi Unit Residential - Commercial, Residential |
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Fairly walkable
50/100
Moderately drivable
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 05505030021 | Improvements Assessment | $3,632,450 |
| Land Assessment | $45,590 | Total Assessment | $3,678,040 |
Property Taxes
Parcel Number
05505030021
Land Assessment
$45,590
Improvements Assessment
$3,632,450
Total Assessment
$3,678,040
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116 Salem Ave
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