116 Salem Ave - Apartments FOR SALE


Carbondale, PA 18407
$955,000 USD
917-684-9029
116 Salem Ave, Carbondale, PA for Sale
$955,000 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

116 Salem Ave
Carbondale, PA 18407


OVERVIEW

108-116 Salem Ave Assemblage/ Fully Approved Corner Redevelopment Site. Fully Approved Corner Redevelopment Site. Mixed-Use Redevelopment Opportunity. The property is strategically located at the corner of Salem Avenue, Spring Street and Prince Street, providing exceptional visibility and multiple points of access. Property Highlights • Three contiguous parcels • Approximately 43,000 SF site area • Approximately 32,272 SF existing building • Approved zoning for residential mix use. • 49 on-site parking spaces • Prominent corner location with frontage on Salem Avenue, Spring Street, and Prince Street • Includes 108, 110, and 116 Salem Avenue on-site parking spaces.

FOR SALE DETAILS

PRICE

$955,000 USD

PRICE/SF

$32 USD /SF

# OF UNITS

30

PRICE/UNIT

$31,833

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

Multi Unit Residential

APN/PARCEL ID

05505030021

ASK ABOUT THIS PROPERTY

Ofra BeigelOB International Real EstateMore Info
917-684-9029

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Ofra BeigelOB International Real EstateMore Info
917-684-9029

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.