101-111 PENN Avenue, Scranton, PA 18503 (MLS# 16-4480)

101-111 PENN Avenue, Scranton, PA 18503

$500,000

Property Type: Commercial Sale Square Footage: 37,870 Lot Size (sq. ft.): 10,890 Status: Closed

Current Price: $500,000 List Date: 9/14/2016 Last Modified: 9/13/2024

Description

Additional operating expenses are available upon request. The Samter building is a historical building which was used for the retail of upscale clothing in its early days and designed with the Chicago School style. It offers an ideal layout for the re-purpose use of first floor retail and apartments for floors 2-5. The Samter building offers large and ample windows, a corner lot, two elevators extending from the basement to the 5th floor, and men and women bathrooms and a mechanical room on each of the floors 1-4. Garage parking is available across the street and a few blocks away at Marketplace at Steamtown. Street parking is also available., Tax Information: Available, Additional Info: Gross Bldg area: Basement(9,844), floor 1(7,249 sf), 2(7,302), 3(6,439, 4(6,439), 5(6,439), Ceiling Height: 13' to 16'- Y, No Overhead Door: Y

More Information MLS# 16-4480

Contract Information

Current Price: $500,000 Sold Price: $500,000 Status: Closed Listing Contract Date: 2016-09-14 Property Attached YN: No Listing Agreement: Exclusive Right To Sell Owner Name: Scranton Mall Associates Environmental Survey YN: No

Location Tax and Legal

Street Number: 101-111 Street Name: PENN Street Suffix: Avenue State: PA Postal Code: 18503 County: Lackawanna

General Property Information

Building Area Total: 37870 Building Area Total (Report Only): 37870 Enhanced Accessible: No Year Built: 1923 Building Name: N/A Lot Size Acres: 0.25 Lot Size Dimensions: 130 x 56 Land Lease YN: No Waterfront YN: No Basement YN: Yes Stories: 5 Auction YN: No List Price/SqFt: 13.2 Sold Price/SqFt: 13.2

Remarks and Miscellaneous

Public Remarks: Additional operating expenses are available upon request. The Samter building is a historical building which was used for the retail of upscale clothing in its early days and designed with the Chicago School style. It offers an ideal layout for the re-purpose use of first floor retail and apartments for floors 2-5. The Samter building offers large and ample windows, a corner lot, two elevators extending from the basement to the 5th floor, and men and women bathrooms and a mechanical room on each of the floors 1-4. Garage parking is available across the street and a few blocks away at Marketplace at Steamtown. Street parking is also available., Tax Information: Available, Additional Info: Gross Bldg area: Basement(9,844), floor 1(7,249 sf), 2(7,302), 3(6,439, 4(6,439), 5(6,439), Ceiling Height: 13' to 16'- Y, No Overhead Door: Y Exclusions: No

Status Change Information

Major Change Timestamp: 2017-01-03T15:36:03Z Major Change Type: Status Change Status Change Timestamp: 2017-01-03 Purchase Contract Date: 2016-11-01 Close Date: 2016-12-30 Close Price: 500000 Buyer Financing: Conventional

Building Features

Included In Contract: Land/Building Office SqFt: 22789 Retail SqFt: 6372

Road Frontage Type

Road Frontage Length: 185

Special Listing Conditions

Foreclosure Deed Recorded: Yes

Property Features

Building Features: Elevator; Prime Location; Public Restrooms Construction Materials: Stone Cooling: None Current Use: Vacant Electric: Circuit Breakers; Phase 3 Flooring: Concrete Heating: Natural Gas; Steam Levels: Three Or More Listing Terms: Cash Lot Features: Corner Lot; Level; Near Central Business District; Near General Business; Near Regional Mall Parking Features: None; Other Possession: Close Of Escrow Road Frontage Type: City Street Roof: Rubber Sewer: Public Sewer Special Listing Conditions: In Foreclosure Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent; Email Listing Agent

Listing Office: Hinerfeld Commercial Real Estate

Last Updated: September - 13 - 2024

Information deemed reliable but not guaranteed.