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Off Market
1/3

507 Linden St
Scranton, PA 18503


HIGHLIGHTS

  • Value-Add & Redevelopment Opportunity
  • Conveniently Located in Downtown Scranton, PA
  • Ability to Increase Rents and Secure New Long Term Leases OR Re-position the Property for Highest and Best Use

OVERVIEW

The Historic Scranton Electric Building. 507 Linden Street Scranton, PA 18503. Located in the heart of Downtown Scranton, PA., and is walking distance to all downtown amenities. The subject property is ideally situated directly across the street from the Lackawanna County Courthouse. This 51,198 square foot - eight story office building is awaiting a new owner and/or developer to re-stabilize or re-position this architectural masterpiece. The building design features Indiana limestone, a copper gabled roof and dormers, a decorative cornice, paired windows, and a row of Renaissance-style arched windows with flanking columns near the top. The building is currently 80% occupied with longer and shorter term leases. Please Sign the Attached CA / Buyer Registration Agreement For Access To - Property Offering Memorandum - Email To - Craig.Dunkle@MarcusMillichap.com

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

32264

STORIES

8

BUILDING CLASS

C

YEAR BUILT

1896

SPRINKLERS

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PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.53 AC AC

LAND SF

23,087 SF

ZONING

-

APN/PARCEL ID

15627020038