530 532 Pittston Avenue, Scranton, PA 18505 (MLS# SC-250875)

530 532 Pittston Avenue, Scranton, PA 18505

$679,900
Property Type: Commercial Sale Square Footage: 2,900 Lot Size (sq. ft.): 4,792 Status: Active
Current Price: $679,900 List Date: 3/03/2025 Last Modified: 3/03/2025

Description

Turnkey Pizza Restaurant with Established Reputation & Rental Income Seize the opportunity to own a well-known and beloved pizza restaurant with a strong following and a recognizable name in the community! This thriving business operates from a well-maintained building featuring a dedicated take-out area, a welcoming dining room that accommodates 20+ guests, and updated bathrooms. The fully equipped commercial kitchen comes with everything you need to continue operations seamlessly. Additional highlights include a spacious storage area, parking for up to four cars, and a full basement for extra utility. The property also boasts a new roof and modernized bathroom. Adding to the investment potential, the building includes a rental unit next door, providing additional income with a reliable tenant on a one-year lease and separate utilities. This is a fantastic opportunity to take over a successful and established business while benefiting from built-in rental revenue. Don't miss your chance to step into ownership of this prime restaurant space!

More Information MLS# SC-250875

Contract Information

Current Price: $679,900 List Price: $679,900 Status: Active Listing Contract Date: 2025-03-03 Property Sub Type: Business Listing Agreement: Exclusive Right To Sell Owner Name: Thomas F Miner and Melony A Miner Availability Date: 2025-03-03 Environmental Survey YN: No

Location Tax and Legal

Street Number: 530 Street Name: 532 Pittston Street Suffix: Avenue State: PA Postal Code: 18505 County: Lackawanna

General Property Information

Business Name: Bella Pizza Number Of Buildings: 1 Number Of Units Total: 2 Building Area Total: 2900 Building Area Total (Report Only): 2900 Enhanced Accessible: No Year Built: 1925 Parking Total: 4 Lot Size Acres: 0.11 Lot Size Dimensions: 50X95 Lot Dimensions Source: Public Records Land Lease YN: No Waterfront YN: No Basement YN: Yes Stories: 1 Sign On Property YN: No Rent Control YN: No Auction YN: No List Price/SqFt: 234.45

Remarks and Miscellaneous

Public Remarks: Turnkey Pizza Restaurant with Established Reputation & Rental Income Seize the opportunity to own a well-known and beloved pizza restaurant with a strong following and a recognizable name in the community! This thriving business operates from a well-maintained building featuring a dedicated take-out area, a welcoming dining room that accommodates 20+ guests, and updated bathrooms. The fully equipped commercial kitchen comes with everything you need to continue operations seamlessly. Additional highlights include a spacious storage area, parking for up to four cars, and a full basement for extra utility. The property also boasts a new roof and modernized bathroom. Adding to the investment potential, the building includes a rental unit next door, providing additional income with a reliable tenant on a one-year lease and separate utilities. This is a fantastic opportunity to take over a successful and established business while benefiting from built-in rental revenue. Don't miss your chance to step into ownership of this prime restaurant space!

Status Change Information

Major Change Timestamp: 2025-03-03T17:16:20Z Major Change Type: New Listing Status Change Timestamp: 2025-03-03

Building Features

Included In Contract: Business & Building(s) Retail SqFt: 1350

Property Features

Basement: Concrete; Unfinished Building Features: Cooler Space; Equipment Included; Established Business; Freezer Space; Inventory Included; Prime Location; Private Restrooms; Refrigerator Space; Separate Utilities; Window(s) Business Type: Pizza; Rental; Restaurant Community Features: None Construction Materials: Stone; Stucco Cooling: Central Air Current Financing: None Current Use: See Remarks Electric: Circuit Breakers Exterior Features: Other Heating: Forced Air Levels: One Listing Terms: Conventional Lot Features: City Lot; Corner Lot; Level Parking Features: Off Street; On Street; Parking Lot; Paved Possession: Close Of Escrow Road Frontage Type: City Street Road Surface Type: Asphalt Roof: Shingle Sewer: Public Sewer Tenant Pays: All Utilities Utilities: Electricity Connected; Natural Gas Connected Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only; Restricted Hours
Listing Office: ERA One Source Realty
Last Updated: March - 03 - 2025
Information deemed reliable but not guaranteed.