1316 Luzerne Street, Scranton, PA
$299,000
1890 SqFt
This versatile property features a thriving convenience store in the front, a commercial kitchen in the back operating as a takeout restaurant, and an attached 2-bed, 1.5-bath apartment. Perfectly located across from a high school, the store enjoys steady foot traffic from students grabbing breakfast, lunch, and snacks daily.With a strong residential base in the area, the takeout restaurant has untapped potential for growth via delivery platforms like DoorDash, UberEats, and Grubhub.Pro forma net income delivers a solid 9 percent cap rate. The seller is open to creative financing options for the right buyer.Don't miss this income-generating, value-add opportunity--schedule your showing today!
Property Details
| Property Type | Commercial Sale |
|---|---|
| Mls # | SC6443 |
| LotSize | 0.1 acres |
| Property Subtype | Mixed Use |
| Year Built | 1950 |
| Heating Fuels | forced air |
| Parking Types | carport |
| Num Of Floors | 2 |
|---|---|
| School District | Scranton |
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