222 Wyoming Ave - Movie Theatre FOR SALE


Scranton, PA 18503- Downtown Scranton
$2,595,000 USD
570-714-9250
222 Wyoming Ave, Scranton, PA for Sale
$2,595,000 USD
Movie Theatre - FOR SALE
1/66
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222 Wyoming Ave
Scranton, PA 18503
Downtown Scranton


OVERVIEW

An exceptional opportunity to own a piece of Scranton history. The iconic Ritz Theater, prominently located at 222 Wyoming Avenue in the heart of downtown Scranton, offers timeless architectural character and endless artistic (and revenue generating) potential. This magnificent building has hosted the likes of Harry Houdini, Lucille Ball, and is currently a hub of activity in the downtown. This well-known performance venue features a striking façade, soaring interior volumes, and original design elements that reflect the grandeur of early 20th-century theater architecture. The property's flexible layout and generous square footage make it ideal for a variety of uses, including live entertainment, bar and restaurant location, event space, boutique cinema, mixed-use development, creative offices, or destination retail. Situated along bustling Wyoming Avenue, the property benefits from high visibility, strong pedestrian traffic, and proximity to restaurants, government offices, universities, and regional attractions. Its central location places it minutes from major highways and is a short 2 hour drive to both New York City and Philadelphia. The Ritz Theater presents a rare investment opportunity for developers, investors, or owner-users seeking a signature property with historical significance and downtown presence.

FOR SALE DETAILS

PRICE

$2,595,000 USD

PRICE/SF

$69 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Ritz Building - 25-6236

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Movie Theatre

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

Commercial

APN/PARCEL ID

15627020007

ASK ABOUT THIS PROPERTY

Carmen WintersLewith & Freeman Real EstateMore Info
570-714-9250

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Carmen WintersLewith & Freeman Real EstateMore Info
570-714-9250

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