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15979 PA-407 3,057 SF 31% Leased Retail Building Factoryville, PA 18419 $239,000 ($78.18/SF)
Investment Highlights
- Turnkey deli/restaurant operation, High-visibility location at Fleetville Corners
- Large parcel easy to expand or add outdoor seating
- Convenient access to Clarks Summit, Scranton, Tunkhannock & Interstate 81
- Mixed-use income potential. Tenant/income in place from 3 bedroom apartment rental
- Located near Lackawanna State Park and several nature preserves
Executive Summary
Prime mixed-use investment and owner-user opportunity located at the highly visible Fleetville Corners intersection along State Route 407 in Factoryville, PA. This well-positioned property offers exceptional exposure in a heavily traveled corridor serving the surrounding communities of Lackawanna and Wyoming Counties.
The property features a fully operational deli/restaurant space complete with commercial kitchen infrastructure, making it ideal for a restaurant operator, market, café, catering business, or convenience retail use. Existing commercial components provide a rare turnkey opportunity with significant built-in value.
In addition to the commercial space, the property includes residential income potential with upper-level apartment space, creating an attractive live/work or investment scenario. The site offers approximately 3,057 square feet situated on approximately 0.8 acres with ample on-site parking and prominent road frontage.
Whether you are expanding an existing food service operation, seeking an investment property with multiple income streams, or looking for a highly visible commercial location with built-in infrastructure, this property presents exceptional value and opportunity.
The property features a fully operational deli/restaurant space complete with commercial kitchen infrastructure, making it ideal for a restaurant operator, market, café, catering business, or convenience retail use. Existing commercial components provide a rare turnkey opportunity with significant built-in value.
In addition to the commercial space, the property includes residential income potential with upper-level apartment space, creating an attractive live/work or investment scenario. The site offers approximately 3,057 square feet situated on approximately 0.8 acres with ample on-site parking and prominent road frontage.
Whether you are expanding an existing food service operation, seeking an investment property with multiple income streams, or looking for a highly visible commercial location with built-in infrastructure, this property presents exceptional value and opportunity.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,057 SF
Building Class
C
Year Built
1950
Price
$239,000
Price Per SF
$78.18
Percent Leased
31%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.09
Lot Size
0.80 AC
Zoning
Commercial - generally refers to commercial zoning, which allows for various business activities such as retail stores, offices, and services.
Parking
9 Spaces (2.94 Spaces per 1,000 SF Leased)
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 02903010016 | Improvements Assessment | $64,900 |
| Land Assessment | $47,920 | Total Assessment | $112,820 |
Property Taxes
Parcel Number
02903010016
Land Assessment
$47,920
Improvements Assessment
$64,900
Total Assessment
$112,820
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15979 PA-407