0 Lackawanna AveOlyphant, PA 18447

For Sale
$799,000

7-Unit Building, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional mixed-use property, located at 113 E. Lackawanna Ave in Olyphant, Pennsylvania, presents a compelling investment opportunity. The 8,700 square foot building, constructed in 1940, sits on a 0.17-acre lot and features seven units across two stories. The property is zoned CT030 and boasts a prime location on a busy main street, ensuring high visibility and foot traffic. The building's retail spaces are meticulously maintained and feature modern updates, including large display windows ideal for attracting customers. These spaces are suitable for a variety of retail businesses, from cafes to boutiques. The remaining units offer flexible space adaptable to office spaces, service businesses, or small-scale manufacturing. Each unit is designed for easy customization to meet tenant needs. The building benefits from tenants paying their own heat. This property offers a strong return on investment due to its location, versatile unit configurations, and current occupancy. The asking price is $799,000, translating to $91.84 per square foot. This is a rare opportunity to acquire a well-maintained, high-traffic mixed-use building in a thriving Pennsylvania community. The property's strong location and flexible unit layouts make it an ideal investment for both seasoned investors and new market entrants.

Highlights

  • Prime Olyphant location on a busy main street, offering high visibility and foot traffic.
  • Modern, well-maintained retail spaces with large display windows, suitable for various retail uses.
  • Flexible-use units adaptable for office, service, or light manufacturing; tenants responsible for heat.

Property Details for 0 Lackawanna Ave

Property type
Other retail properties, Other mixed-use properties
Square Feet
8,700 SF
Year Built
1940
Buildings
1
Stories
2
Lot Size (sq. ft)
7,405 SF
Units
7

Location Insight

City
Olyphant
County
Lackawanna
State
Pennsylvania
Latitude
41.4598908
Longitude
-75.5904132
Lackawanna Ave, Olyphant, Pennsylvania

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0 Lackawanna Ave
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