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505-555 N Seventh Ave - SHOPPES AT LINDEN PLACE Tract 2A 1.21 Acres of Commercial Land Offered at $209,000 in Scranton, PA 18503

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INVESTMENT HIGHLIGHTS

  • Property is in a great location, bordering the Scranton Expressway.
  • Ample shared parking with neighboring tenants.
  • This property is situated at a signalized intersection.

EXECUTIVE SUMMARY

The location is within walking distance to downtown Scranton. Across the street is a medical office park and a new Sheetz one block to the high school. The entrance is at a four way intersection with a traffic light providing access from all directions. The site fronts on the parking lot and borders US Route 11 (McDade Expressway), and exposure to 7th Avenue. The site can hold approximately 18,000SF of building area. The Redner's lease prohibits certain types of food uses. The Center borders the Lackawanna Heritage Valley Trail System.

FINANCIAL SUMMARY (ACTUAL - 2023)

ANNUAL ANNUAL PER AC
Taxes $8,779 $7,255.37
Operating Expenses - -
Total Expenses $8,779 $7,255.37

FINANCIAL SUMMARY (ACTUAL - 2023)

Taxes
Annual $8,779
Annual Per AC $7,255.37
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $8,779
Annual Per AC $7,255.37

PROPERTY FACTS

Price $209,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Hospitality
  • Bank
  • General Freestanding
  • Healthcare
  • Strip Center
Total Lot Size 1.21 AC
Zoning Commercial

1 LOT AVAILABLE

Lot 2A

Price $209,000
Price Per AC $172,727.27
Lot Size 1.21 AC

This parcel is a strip of land in an established shopping center with a anchor grocery store (Redner's) and an Arby's. The Center is a condominium with four units.

DESCRIPTION

The area has been developing into a service corridor for both local and commuting residents of the market. The Mt. Pleasant Corporate Center is across the street and Scranton High School is one block away. Seventh Avenue is a traffic corridor linking different sections of the City and provides another entrance to the downtown at Lackawanna Avenue. The site provides an opportunity .

Walk Score®
Very Walkable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14519030002
Land Assessment
$17,500 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$17,500 (2025)
Annual Taxes
$8,779
Tax Year
2023
  • Listing ID: 16400193

  • Date on Market: 6/20/2019

  • Last Updated:

  • Address: 505-555 N Seventh Ave, Scranton, PA 18503

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