1302 Adams Ave - Restaurant FOR SALE


Scranton, PA 18509
$679,000 USD
570-288-9371
1302 Adams Ave, Scranton, PA for Sale
$679,000 USD
Restaurant - FOR SALE
1/17
null | Request Cap Rate

1302 Adams Ave
Scranton, PA 18509


HIGHLIGHTS

  • Seating for 100, outdoor dining area, bottle shop
  • Liquor license, corner lot, income producing property
  • Off-street parking, high traffic area
  • Four floors

OVERVIEW

Liquor license is included. Confidentiality agreements will have to be signed for any financial or substantive discussions. Catch this unique opportunity in the borough of Dunmore - a thriving neighborhood restaurant with a patio, with additional residential income potential! The commercial property features a thoughtfully renovated restaurant space that eclectically blends mid-century modern appeal with a playful artistic flair, preserving many charming elements of the building's history. Now a local hotspot in the community, the business features seating for 100, an outdoor dining patio, bottle shop with takeout counter & retail space, and a fully equipped bar along with draft beer options. The included liquor license adds a significant benefit to this turnkey operation. The restaurant's fun vibe extends outdoors to whimsical outdoor dining & seating areas. Convenient parking options include both on-street and off-street parking, making it easily accessible for patrons. Above the restaurant, you'll find two spacious apartments, offering 3-4 bedrooms and one bathroom each. While these units need some tender loving care, they present an excellent opportunity for additional income or to keep as owner/manager occupancy. This large corner lot carries attractively low taxes, adding to the investment appeal. If you're looking for a versatile income-producing opportunity, fully equipped with a proven track record, your search stops here. Explore entrepreneurship with dash of renovation adventure at 1302 Adams Ave, Dunmore, PA!

FOR SALE DETAILS

PRICE

$679,000 USD

PRICE/SF

$111 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

SC-250114

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

Commercial

APN/PARCEL ID

14610010056

ASK ABOUT THIS PROPERTY

Emma KlugerLewith & Freeman Real EstateMore Info
570-288-9371

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Emma KlugerLewith & Freeman Real EstateMore Info
570-288-9371

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