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430 Penn Ave
Scranton, PA 18503
Office Property For Sale
Investment Highlights
- New 10 Year - PA State Leased Office Building - (AA- / Aa3) Credit Rating
- Located in Federal Qualified Opportunity Zone
- Additional Value Can Be Added By Utilizing Below Grade Space
- Significant Value-Add Component Through Leasing Up Vacant 2nd Floor
- New Roof Under Warranty Until 2037 & Enhanced Security Systems In Place
- Subject Offering Includes Adjacent 30 Space Parking Lot
Property Facts
Property Type
Office
Property Subtype
Building Size
42,480 SF
Building Class
B
Year Built
1960
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
14,740 SF
Building FAR
1.57
Lot Size
0.62 AC
Zoning
Downtown Commercial - Residential zoning area of Scranton
Parking
30 Spaces (0.7 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,472,600 | |
| Land Assessment | $340,010 | Total Assessment | $2,812,610 |
Property Taxes
Parcel Numbers
Land Assessment
$340,010
Improvements Assessment
$2,472,600
Total Assessment
$2,812,610
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