316 Main StDickson City, PA 18519

  • Office properties
  • 0.34 AC
For Sale
$1,250,000 View listing

Property Details for 316 Main St

Lot size
0.34 AC
Property type
Office properties
Property subtype
Office buildings
APN
12411030019
APU
12411030019

Description

This exceptional 3,600 square foot Class B office building in Dickson City, PA, presents a unique owner-user investment opportunity. Located at 316 Main St, 18519, this single-story, 1998-built property sits on a 0.34-acre lot zoned C2. The building boasts a single tenancy with a lease expiring January 1, 2026, leaving approximately 1.1 years remaining. The asking price is $1,250,000 ($347.22/sq ft). Conveniently situated steps from Lehigh Valley Hospital, this renovated space enjoys high visibility and accessibility due to its proximity to major roadways including Main Street, I-81, and Viewmont Drive. Ample parking is available. Suitable for various uses including executive, medical, or traditional office spaces, this property offers significant potential for a wide range of businesses. Rent bumps are included in the lease agreement. This is a turnkey opportunity to acquire a well-located, versatile commercial property in a thriving area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,726,232
    6.5%
    $3,439,599
    7%
    $3,193,914
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,973,074
    Geo Method
    $1,959,900
  • Alternative Use

    Use
    Valuation
    Residential
    $4,265,103
    Hospitality
    $3,906,812
    Educational
    $3,250,421
    Medical
    $3,362,208
    Retail
    $5,056,211
316 Main St, Dickson City, Pennsylvania

Location Insight

City
Dickson City
County
Lackawanna
State
Pennsylvania
Latitude
41.453
Longitude
-75.6335
CBSA code
42540
CBSA name
SCRANTON--WILKES-BARRE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$8,312
$2,000
$36,000
$38,000
-
$2,000
$36,000
$38,000

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