2030 Memorial HwyShavertown, PA 18708

Property Details for 2030 Memorial Hwy

Lot size

0.14 AC

Property type

Investment properties

Property subtype

Live-work space

APN

10-E8S4-005-010

APU

10E8S4005010

Description

This 990-square-foot commercial property located at 2030 Memorial Highway in Shavertown, Pennsylvania, presents a unique investment opportunity. Priced at $325,000, the building sits on a lot with no acreage specified. Its previous uses include a dog grooming business and a used car sales business, demonstrating its adaptability to a variety of commercial ventures. The property's zoning allows for a blend of residential and commercial use, offering exciting possibilities for owner-occupants. Imagine establishing your business while enjoying the convenience of living on-site. The layout suggests potential for conversion into a four-bedroom home, seamlessly integrating living and working spaces. This flexibility makes it ideal for entrepreneurs seeking a combined residential and commercial space, or for investors looking for a property with multiple income streams. The property's location in Shavertown offers access to local amenities and a potentially strong customer base. Serious inquiries are encouraged to explore the full potential of this versatile commercial property and its unique blend of residential and commercial possibilities. The property is ready for its next chapter, and the possibilities are truly endless. Don't miss this chance to acquire a property with such significant upside potential.

• CAP approach

  CAP return

  Valuation

  6%

  $941,226

  6.5%

  $868,824

  7%

  $806,765

• Comparable approach

  Method

  Valuation

  Relative Method

  $467,592

  Geo Method

  $796,765

• Alternative Use

  Use

  Valuation

  Residential

  $1,077,342

  Hospitality

  $986,840

  Educational

  $821,039

  Medical

  $849,276

  Retail

  $1,277,172

Location Insight

City

Shavertown

County

Luzerne

State

Pennsylvania

Latitude

41.3244

Longitude

-75.9444

CBSA code

42540

CBSA name

SCRANTON--WILKES-BARRE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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