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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
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 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.21 AC |
| Property Type | Land | ||
| Zoning | Commercial | ||
| Price | $209,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.21 AC |
| Zoning | Commercial |
1 LOT AVAILABLE
Lot 2A
| Price | $209,000 | Lot Size | 1.21 AC |
| Price Per AC | $172,727.27 |
| 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 .
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Walk Score®
Very Walkable (73)
PROPERTY TAXES
| Parcel Number | 14519030002 | Total Assessment | $17,500 (2025) |
| Land Assessment | $17,500 (2025) | Annual Taxes | $8,779 |
| Improvements Assessment | $0 (2025) | Tax Year | 2023 |
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
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505-555 N Seventh Ave - SHOPPES AT LINDEN PLACE Tract 2A
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