302-306 S Blakely St - Freestanding FOR SALE


Dunmore, PA 18512
$1,450,000 USD
570-840-9887
302-306 S Blakely St, Dunmore, PA for Sale
$1,450,000 USD
Freestanding - FOR SALE
1/6
null | Request Cap Rate

302-306 S Blakely St
Dunmore, PA 18512


HIGHLIGHTS

  • Prime Signalized Corner Location at the intersection of S. Blakely Street & Green Ridge Street with dual street frontage and exceptional visibility.
  • Income + Owner/User Opportunity featuring a long-term H&R Block lease through 2030, plus vacant restaurant space.
  • Flexible C-1 Neighborhood Commercial Zoning allows a broad range of retail, restaurant, office, medical, and service-oriented uses.
  • Strong Regional Demographics with over 120,000 residents within 5miles, traffic counts exceeding 10,000 vehicles daily.

OVERVIEW

Strategically located at the signalized intersection of S. Blakely Street and Green Ridge Street, this approximately 6,600 SF multi-tenant retail property offers exceptional visibility and access in one of the Scranton area's most established commercial corridors. The site includes approximately 35 parking spaces, dual street frontage, three-phase electric service, and C-1 Neighborhood Commercial zoning that supports a wide range of retail, restaurant, office, medical, and service uses. Positioned just minutes from I-81, I-84, I-380, US Route 6, and PA 347, the property serves as a commercial gateway between Dunmore, Scranton's Green Ridge neighborhood, and the Dickson City retail district. The investment is anchored by a long-term H&R Block lease through May 2030 with a five-year renewal option, providing stable income while preserving significant owner-user or value-add potential. The former restaurant space features existing commercial kitchen infrastructure, including a hood and exhaust system, dining area for approximately 93 patrons, and the opportunity to purchase a clean-history Lackawanna County Type R liquor license separately. With more than 120,000 residents within a five-mile radius, strong neighborhood demographics, and traffic counts exceeding 10,000 vehicles per day on both bordering roads, this property presents an outstanding opportunity for investors, owner-operators, or redevelopment.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$216 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

commercial

APN/PARCEL ID

14650010004

ASK ABOUT THIS PROPERTY

Shannon TrivettHinerfeld Commercial Real EstateMore Info
570-840-9887

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Shannon TrivettHinerfeld Commercial Real EstateMore Info
570-840-9887

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