316 Main StDickson City, PA 18519

Property Details for 316 Main St

Lot size

0.34 AC

Property type

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.

• 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

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

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