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2601 Birney Ave
Scranton, PA 18505
Retail Property For Sale
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.
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
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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