109 Alden RdNanticoke, PA 18634

Property Details for 109 Alden Rd

Lot size

0.32 AC

Property type

Office buildings

APN

42-J7SW3-008-02A

APU

42J7SW300802A

Description

This 3,550 square foot commercial building is ideally located in the heart of Nanticoke, Pennsylvania. The property boasts four garage bays, perfect for a variety of businesses requiring storage or vehicle access. In addition to the garage space, there is designated office space, providing a functional blend of workspace and storage. The building features ductless air conditioning for climate control and high ceilings, creating a bright and spacious interior. The generous lot size offers ample off-street parking for customers and employees. The current zoning allows for many permitted uses, making this property a versatile option for entrepreneurs and investors alike. This prime location in Nanticoke offers excellent visibility and accessibility, making it an attractive opportunity for a wide range of commercial ventures. The asking price of $275,000 presents a compelling investment opportunity in a thriving community. Serious inquiries are encouraged to explore the possibilities this property offers. The property is situated on a large lot, although the exact acreage is not specified.

• CAP approach

  CAP return

  Valuation

  6%

  $2,151,485

  6.5%

  $1,985,986

  7%

  $1,844,130

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,068,836

  Geo Method

  $1,821,270

• Alternative Use

  Use

  Valuation

  Residential

  $2,462,622

  Hospitality

  $2,255,749

  Educational

  $1,876,757

  Medical

  $1,941,301

  Retail

  $2,919,399

Location Insight

City

Nanticoke

County

Luzerne

State

Pennsylvania

Latitude

41.1932

Longitude

-76.0117

CBSA code

42540

CBSA name

SCRANTON--WILKES-BARRE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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