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

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.