329 Penn Ave - Office/Residential FOR SALE


Scranton, PA 18503- Downtown Scranton
$2,000,000 USD
570-815-1861
329 Penn Ave, Scranton, PA for Sale
$2,000,000 USD
Office/Residential - FOR SALE
1/11
null | 6.72% Cap Rate

329 Penn Ave
Scranton, PA 18503
Downtown Scranton


OVERVIEW

Electric City Center is a fully occupied, professional mixed-use property combining office, residential, and ample parking. Main Building: 2 floors of office space Attached 3-Story Building: 6 luxury apartments Parking: 24 on-site spaces plus a 2-car garage; includes additional parcel (Tax ID #1458301003) for extra parking Recent Upgrades: New rubber roof on both buildings (2017) Occupancy: 100% leased This property offers a strong mix of professional office and residential tenants, providing excellent stability and long-term investment potential.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$100 USD /SF

CAP RATE

6.72%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Electric City Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

Commercial

APN/PARCEL ID

14583010002

ASK ABOUT THIS PROPERTY

Charles HibbleHibble Harris Real EstateMore Info
570-815-1861

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Charles HibbleHibble Harris Real EstateMore Info
570-815-1861

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