3-5 Mountain RdShickshinny, PA 18655

For Sale
$1,950,000

Prime Retail Center, Two Strong Tenants, High Visibility.

Overview

Added:
Feb 3
Days on market:
39
This exceptional investment opportunity presents a +/- 23,187 square foot retail shopping center located at 3-5 Mountain, Shickshinny, PA. The property sits on a 1.25-acre lot and is currently leased to two established, long-term tenants. A Chinese restaurant occupies approximately 1,200 square feet under a five-year lease with two five-year renewal options. Family Dollar occupies approximately 7,487 square feet, with a recently extended lease expiring April 30, 2033. A significant portion of the building, approximately 14,000 square feet, is currently vacant and presents a substantial opportunity for lease or owner-occupancy. Ideal uses for this space include, but are not limited to, grocery stores, department stores, or auto parts stores. The building boasts desirable features including three-phase electric service, loading docks, a 15-foot clear height ceiling, and ample parking accommodating 100 vehicles. This property offers a strong existing income stream complemented by the potential for significant future growth through leasing the vacant space. The combination of established tenants and the substantial vacant space makes this a compelling investment opportunity with excellent value-added potential. The asking price for this prime retail center is $1,950,000.

Property Details for 3-5 Mountain Rd

Property type
Other commercial real estate
Square Feet
23,187 SF
Year Built
1990
Lot Size (sq. ft)
54,450 SF

Location Insight

City
Shickshinny
County
Luzerne
State
Pennsylvania
Latitude
41.15163
Longitude
-76.1497
3-5 Mountain Rd, Shickshinny, Pennsylvania

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3-5 Mountain Rd
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