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2601 Birney Ave 4,800 SF 100% Leased Retail Building Scranton, PA 18505 $469,900 ($97.90/SF) 7.16% Cap Rate
Investment Highlights
- Three-unit commercial investment property in a high-visibility, high-traffic location with ample on-site parking.
- Convenient access to major highways, retail corridors, and surrounding residential neighborhoods in the Scranton market.
- Flexible investment opportunity offering immediate income with future leasing and value-add potential as tenant spaces become available.
Executive Summary
Excellent investment opportunity in a high-visibility, high-traffic location. This well-maintained commercial property features three approximately 1,600 SF units with strong street presence and ample parking. Current tenancy provides immediate income with future upside as leases mature, offering investors the opportunity to reposition rents or owner-users the flexibility to occupy space over time. Conveniently located with easy access to major roadways and surrounding retail, office, and residential neighborhoods. Financial information and lease details are available to qualified buyers upon request.
Financial Summary (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,800 SF
Building Class
C
Year Built
2005
Price
$469,900
Price Per SF
$97.90
Cap Rate
7.16%
NOI
$33,633
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.52
Lot Size
0.21 AC
Zoning
Retail
Parking
15 Spaces (3.13 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Restaurant
- Signage
- Wheelchair Accessible
- Air Conditioning
- Awning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Art Rage Tattoo
- Services
-
99,999 SF
-
$9.99
-
Jan 0000
- Callela's Pizza Pasta and Subs
- Retailer
-
99,999 SF
-
$9.99
-
Jan 0000
-
- Finance and Insurance
-
99,999 SF
-
$9.99
-
Jan 0000
State Farm began in Illinois in 1922, when G.J. Mecherle founded the business around fairer auto insurance pricing for farmers. The company operates as a mutual insurer and has grown into a broad financial services firm. State Farm offers auto, home, renters, condo, life, health, disability, pet, commercial, and small business insurance, along with related financial products and services. The company maintains a significant U.S. market presence through an agent-based model and a long-running focus on helping customers manage everyday risks and recover from losses.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Art Rage Tattoo | Services | 99,999 SF | $9.99 | Jan 0000 | ||
| Callela's Pizza Pasta and Subs | Retailer | 99,999 SF | $9.99 | Jan 0000 | ||
|
|
Finance and Insurance | 99,999 SF | $9.99 | Jan 0000 |
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 16713030039 | Improvements Assessment | $306,500 |
| Land Assessment | $103,150 | Total Assessment | $409,650 |
Property Taxes
Parcel Number
16713030039
Land Assessment
$103,150
Improvements Assessment
$306,500
Total Assessment
$409,650
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Contact the Sale Advisor
2601 Birney Ave