116 Salem Ave - Apartments FOR SALE


Carbondale, PA 18407
$1,175,000 USD
917-684-9029
116 Salem Ave, Carbondale, PA for Sale
$1,175,000 USD
Apartments - FOR SALE
1/3
null | Request Cap Rate

116 Salem Ave
Carbondale, PA 18407


OVERVIEW

108-116 Salem Ave Assemblage/ Fully Approved Corner Redevelopment Site. Adaptive Reuse & Mixed-Use Redevelopment Opportunity. Offering includes three contiguous parcels, one of which contains an existing 32,272 Sf Ft building. Located at 108, 110, and 116 Salem Avenue, forming a prime redevelopment site with additional frontage along Spring and Prince Streets. 3-parcel assemblage Approx. 43,000 SF total land Approx. 32,272 SF existing structure Mixed-use zoning approved Corner / multi-street frontage: Salem Ave, Spring 108-116 Salem Ave Assemblage | Corner Development Site Offering includes three contiguous parcels located at 108, 110, and 116 Salem Avenue, forming a prime redevelopment site with additional frontage along Spring and Prince Streets. 3-parcel assemblage Approx. 43,000 SF total land Approx. 32,272 SF existing structure Multi Family Mixed-Use zoning approved Corner / multi-street frontage: Salem Ave, Spring St, Prince St 49+ parking spaces Includes 108, 110, and 116 Salem Ave (3 contiguous parcels)

FOR SALE DETAILS

PRICE

$1,175,000 USD

PRICE/SF

$39 USD /SF

# OF UNITS

30

PRICE/UNIT

$39,167

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.