126 FRANKLIN Avenue, Scranton, PA 18503 (MLS# 11-375)

126 FRANKLIN Avenue, Scranton, PA 18503

$357,500

Property Type: Commercial Sale Square Footage: 41,222 Lot Size (sq. ft.): 14,375 Status: Closed

Current Price: $357,500 List Date: 5/08/2012 Last Modified: 9/13/2024

Description

41,222 square foot downtown building has 12,154 square feet of restaurant space available on the first floor. Wooden floors and high exposed ceiling in the bar and dining area. Well appointed woodwork on and behind the bar. Turnkey business with all kitchen equipment up to code. 2nd thru 4th floors are raw space ready to be converted into apartments or offices. Trade fixtures are included in sale, Tax Information: Available, Ceiling Height: 9' to 12'- Y, No Overhead Door: Y

More Information MLS# 11-375

Contract Information

Current Price: $357,500 Sold Price: $357,500 Status: Closed Listing Contract Date: 2011-01-31 Property Attached YN: No Listing Agreement: Exclusive Right To Sell Owner Name: RINALDI DANIEL J & THERESA R Environmental Survey YN: No

Location Tax and Legal

Street Number: 126 Street Name: FRANKLIN Street Suffix: Avenue State: PA Postal Code: 18503 County: Lackawanna

General Property Information

Building Area Total: 41222 Building Area Total (Report Only): 41222 Enhanced Accessible: No Year Built: 1910 Building Name: N/A Lot Size Acres: 0.33 Lot Size Dimensions: 80X177 Land Lease YN: No Waterfront YN: No Basement YN: Yes Stories: 4 List Price/SqFt: 14.31 Sold Price/SqFt: 8.67

Remarks and Miscellaneous

Public Remarks: 41,222 square foot downtown building has 12,154 square feet of restaurant space available on the first floor. Wooden floors and high exposed ceiling in the bar and dining area. Well appointed woodwork on and behind the bar. Turnkey business with all kitchen equipment up to code. 2nd thru 4th floors are raw space ready to be converted into apartments or offices. Trade fixtures are included in sale, Tax Information: Available, Ceiling Height: 9' to 12'- Y, No Overhead Door: Y Exclusions: No

Status Change Information

Major Change Timestamp: 2012-10-03T12:28:41Z Major Change Type: Status Change Price Change Timestamp: 2012-02-23T17:29:01Z Status Change Timestamp: 2012-10-03 Purchase Contract Date: 2012-07-23 Close Date: 2012-09-28 Close Price: 357500 Buyer Financing: Conventional

Building Features

Included In Contract: Building Only Retail SqFt: 12154

Road Frontage Type

Road Frontage Length: 80

Property Features

Building Features: Equipment Included; Furniture Included; Prime Location; Public Restrooms; Refrigerator Space; Turnkey Operations Business Type: Bar/Tavern/Lounge; Restaurant Construction Materials: Brick Cooling: Central Air Electric: Phase 3 Flooring: Carpet Heating: Forced Air; Natural Gas Levels: Three Or More Listing Terms: Conventional Lot Features: Level; Near Central Business District Parking Features: On Street; Parking Lot; None Possession: Negotiable Road Frontage Type: City Street Roof: Rubber Sewer: Public Sewer Water Source: Public Showing Requirements: Call Listing Agent

Listing Office: Hinerfeld Commercial Real Estate

Last Updated: September - 13 - 2024

Information deemed reliable but not guaranteed.