700 S State Street, Clarks Summit, PA 18411 (MLS# SC-963)
700 S State Street, Clarks Summit, PA 18411
$850,000
Property Type:
Commercial Sale
Square Footage:
5,000
Lot Size (sq. ft.):
1,132,560,000
Status:
Closed
Current Price:
$850,000
List Date:
2/07/2024
Last Modified:
2/05/2025
Description
This property is currently occupied by Abington Kids Day Care under a Gross lease that runs through December 31, 2028; tenant pays all utilities. ALL showings must be coordinated by Listing Agent with a minimum of 48 hr. notice to avoid interfering with their daily activities; preferably evenings or weekends. 700 S. STATE ST. IS BEING SOLD TOGETHER WITH 718 S. STATE ST. THAT IS CONTIGUOUS WITH IT.
ALL prospective Buyers MUST provide a recent proof of personal funds on their financial institution letterhead or a recent bank/lender pre-approval prior to showing.
More Information MLS# SC-963
Contract Information
Current Price: $850,000
Sold Price: $850,000
Status: Closed
Listing Contract Date: 2024-02-05
Property Sub Type: Business
Property Attached YN: No
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Owner Name: State Street Realty LP
Availability Date: 2024-02-12
Environmental Survey YN: No
Location Tax and Legal
Street Number: 700
Street Direction Prefix: S
Street Name: State
Street Suffix: Street
State: PA
Postal Code: 18411
County: Lackawanna
General Property Information
Number Of Units Total: 1
Building Area Total: 5000
Building Area Total (Report Only): 5000
Enhanced Accessible: Yes
Year Built: 1995
Lot Size Acres: 26000
Lot Size Dimensions: W-01
Lot Dimensions Source: Estimated
Land Lease YN: No
Basement YN: No
Stories: 1
Sign On Property YN: No
Auction YN: No
List Price/SqFt: 700
Sold Price/SqFt: 170
Remarks and Miscellaneous
Public Remarks: This property is currently occupied by Abington Kids Day Care under a Gross lease that runs through December 31, 2028; tenant pays all utilities. ALL showings must be coordinated by Listing Agent with a minimum of 48 hr. notice to avoid interfering with their daily activities; preferably evenings or weekends. 700 S. STATE ST. IS BEING SOLD TOGETHER WITH 718 S. STATE ST. THAT IS CONTIGUOUS WITH IT.
ALL prospective Buyers MUST provide a recent proof of personal funds on their financial institution letterhead or a recent bank/lender pre-approval prior to showing.
Status Change Information
Major Change Timestamp: 2025-02-05T19:00:45Z
Major Change Type: Status Change
Status Change Timestamp: 2025-02-05
Purchase Contract Date: 2025-01-01
Close Date: 2025-01-13
Close Price: 850000
Concessions: No
Buyer Financing: Cash
Building Features
Included In Contract: Land/Building
Property Features
Accessibility Features: Accessible Entrance
Cooling: Central Air
Current Use: Commercial; See Remarks
Electric: 220 Volts
Heating: Electric; Forced Air
Levels: One
Listing Terms: Cash; Conventional
Lot Features: Near Central Business District; Near General Business; Near Golf Course; Near Shopping Center; Not In Development
Owner Pays: Insurance; Taxes
Parking Features: Accessible Parking; Asphalt; Driveway; Parking Lot; Paved
Possession: Negotiable
Possible Use: Commercial; Investment; Medical/Dental; Office
Road Frontage Type: Highway; State Road
Road Surface Type: Asphalt; Paved
Roof: Asbestos Shingle
Security Features: Fire Alarm; Security System
Sewer: Public Sewer
Structure Type: Office
Tenant Pays: All Utilities; Janitorial Service; Telephone
Utilities: Cable Available; Cable Connected; Electricity Connected; Sewer Connected; Water Connected
Water Source: Public
Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Email Listing Agent; No Sign; Occupied; Restricted Hours; Show Notice Required; Text Listing Agent
Listing Office: Hinerfeld Commercial Real Estate
Last Updated: February - 05 - 2025
Information deemed reliable but not guaranteed.