320 Franklin Ave
Scranton, PA 18503
Red Carpet Inn Property · Hospitality Property For Sale
·
86 Rooms
Property Facts
| Property Type | Hospitality | No. Rooms | 86 |
| Property Subtype | Hotel | No. Stories | 2 |
| Building Class | C | Year Built | 1960 |
| Lot Size | 1.89 AC | Parking Ratio | 0.66/1,000 SF |
| Construction Status | Demolished | Corridor | Exterior |
| Building Size | 54,000 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.89 AC |
| Construction Status | Demolished |
| Building Size | 54,000 SF |
| No. Rooms | 86 |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 0.66/1,000 SF |
| Corridor | Exterior |
Amenities
- Business Center
- Pool
- Restaurant
About 320 FRANKLIN AVE , SCRANTON, PA 18503
1.89+/- acre redevelopment opportunity. This 450' x 180' rectangular parcel is located at the southwest corner of the lighted intersection of Mulberry Street and Franklin Avenue. Mulberry St. is the primary road travelling through Scranton with an AADT of 22,483 in 2015. The site is level with all utilities and is zoned C-D (Downtown Neighborhood) which allows most office, retail, hospitality, multi-family and educational uses by right. There are no setback requirements and the site may be covered completely with impervious. Maximum building height is 125'. The site is one of the largest privately owned parcels in the Scranton central business district. There is a 98 room Red Carpet Inn presently existing on the site. Located in downtown Scranton.
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 86 | $62.00 | - |
Property Taxes
| Parcel Number | 14583010001 | Improvements Assessment | $21,500 |
| Land Assessment | $210,630 | Total Assessment | $232,130 |
Property Taxes
