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620-622 E Market St 5,715 SF Office Building Scranton, PA 18509 $399,900 ($69.97/SF)
EXECUTIVE SUMMARY
This Property presents a fantastic investment opportunity with a versatile Commercial and Residential set up. Featuring two one bedroom apartments, each equipped with their own balcony, it offers comfortable living spaces that can generate rental income. The remodeled space can be used for one larger Business as there is a separate entrance for both the front office space and back office space, making the space attractive to Entrepreneurs. Situated on three lots ( Combined into one) the property includes a dedicated parking lot and still allows you room to expand. This adds significant value and convenience in a prime location on the West side. Its excellent condition means minimal upfront repair costs, allowing for immediate occupancy or leasing. This well maintained property is poised to be a lucrative addition to your investment portfolio, offering strong potential returns and a desirable location, for both residential commercial tenants. Don't miss out on this opportunity to capitalize on a promising asset!
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
5,715 SF
Building Class
C
Year Built
1970
Price
$399,900
Price Per SF
$69.97
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,857 SF
Building FAR
0.47
Lot Size
0.28 AC
Parking
3 Spaces (0.52 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Very Walkable (71)
PROPERTY TAXES
| Parcel Number | 13513030007 | Improvements Assessment | $10,500 |
| Land Assessment | $6,900 | Total Assessment | $17,400 |
PROPERTY TAXES
Parcel Number
13513030007
Land Assessment
$6,900
Improvements Assessment
$10,500
Total Assessment
$17,400
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620-622 E Market St
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