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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Alexis was fantastic to work with! She helped us sell our aunt's house quickly and closed for more than asking! She has her stuff together and knows the local markets very well! Would recommend her...
Read more 03/05/2025 - Kyle Zindell
Alexsis was a godsend to our family. After having to sell and move into an apartment after thinking we bought our forever home Alexsis was most definitely the reason we actually found our place to...
Read more 12/29/2024 - Jamie Halloran
Very responsive and helpful. Made the whole process extremely stress free.
12/28/2024 - Thomas Sakosky
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11/21/2024 - TheRoryStevens
View more reviewsHands down thee best realtor! I could not imagine using anyone else for the closing of my home and I am so looking forward to working with her again! If I could give her 10 stars I would!
10/28/2024 - Joann Page
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