The Details

Call Larry Ross to tour at 570-506-6652. Over 23,000 sf of mixed use in the heart of downtown, large retail (former gym) on ground floor, part of second, part of third, plus nine gutted apartments. 2nd and 3rd floor have room to add five more apartments for a total of 14. Great potential - keep ground floor for hard-to-find Main St retail space (true!), room for six spaces, including two with street windows, and develop all three upper floors for apartments. Concrete post and beam, concrete floors, so good clear span spaces. Lighted walkway alongside building to large city parking lot behind on Water Street. Severe fixer upper, so bring deep pocketed investor or contractor with good bank relationship. Potential 12% cap rate at $1.3M finished??