For Sale
$2,990,000

401 Adams AveScranton, PA 18510

97,481 SF Six-Story Building, $2.99M

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional six-story, 97,481 square foot traditional office building located at 401 Adams Avenue in Scranton, Pennsylvania, presents a compelling redevelopment opportunity. Currently zoned D (City Downtown Mixed Use), this property offers significant potential for adaptive reuse. The building's substantial size, situated on a parcel identified as part of PIN: 1458401001701, makes it ideal for a variety of projects. The asking price of $2,990,000 represents a remarkable value for a building of this scale. While currently configured as multi-tenant office space, the property's zoning allows for exploration of alternative uses, including the possibility of conversion to multi-family residential units. Please note that the property will be subdivided prior to closing, and property taxes are to be determined. This is a unique chance to acquire a significant asset in Scranton's vibrant downtown core. The building's location within Lackawanna County, PA, zip code 18510, provides excellent access to local amenities and transportation networks. This is a prime opportunity for investors and developers seeking a large-scale project with substantial upside potential. Serious inquiries are encouraged.

Highlights

  • $2,990,000 asking price for a 97,481 square foot office building.
  • Located at 401 Adams Ave, Scranton, PA 18510.
  • Six-story building zoned D (City Downtown Mixed Use) in Lackawanna County.
  • Potential for multi-family redevelopment.
  • Property to be subdivided before closing; taxes to be determined.

Property Details for 401 Adams Ave

Property type
Office properties
Square Feet
97,481 SF
Buildings
1
Stories
6

Location Insight

City
Scranton
County
Lackawanna
State
Pennsylvania
Latitude
41.409710899804
Longitude
-75.659466979955
401 Adams Ave, Scranton, Pennsylvania

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401 Adams Ave
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