5 Mountain MallShickshinny, PA 18655

For Sale
$1,950,000

Prime Retail Center, High-Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
93
This 23,187 square foot shopping center in Shickshinny, Pennsylvania presents a compelling investment opportunity. Located on a 1.25-acre lot at 5 Mountain Mall, this single-story, 1990-built property boasts a strong tenant roster including a Family Dollar and a Chinese restaurant, with a significant amount of vacant space available for lease or owner-occupancy. The property features 100 parking spaces, three-phase electric loading docks, and a 15-foot clear height. The Family Dollar lease extends to April 30, 2033, while the Chinese restaurant lease has five years remaining with options for renewal. The substantial vacant space (approximately 14,000 square feet) offers significant potential for value-added improvements and increased rental income. The property's strategic location on a heavily traveled main street, near major businesses like Wells Fargo and CVS, ensures high visibility and accessibility. Convenient access to Routes 11 and 239 further enhances its appeal. The asking price is $1,950,000, representing a price per square foot of $84.10. The property is zoned as a Community Shopping Center and has an APN of 56-L4SE1-024-010. This is an exceptional opportunity to acquire a well-located retail property with significant upside potential.

Highlights

  • 23,187 SF shopping center in Shickshinny, PA on a 1.25-acre lot.
  • Strong tenant roster including Family Dollar (lease to 4/30/2033) and a Chinese restaurant (5 years remaining).
  • Significant vacant space (approx. 14,000 SF) available for lease or owner-occupancy.
  • 100 parking spaces, three-phase electric loading docks, and 15-foot clear height.
  • High visibility location on a main street near major businesses, with convenient access to Routes 11 & 239.
  • Asking price: $1,950,000 ($84.10/SF).

Property Details for 5 Mountain Mall

Property type
Lifestyle centers, Power centers
Square Feet
23,187 SF
Year Built
1990
Stories
1
Lot Size (sq. ft)
54,450 SF

Location Insight

City
Shickshinny
County
Luzerne
State
Pennsylvania
Latitude
41.1515056
Longitude
-76.1500233
5 Mountain Mall, Shickshinny, Pennsylvania

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5 Mountain Mall
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