107 N Keyser Avenue, Old Forge, PA 18518

$3,200,000
Property Type: Commercial Sale Square Footage: 7,700 Lot Size (sq. ft.): 122,839 Status: Active
Current Price: $3,200,000 List Date: 5/03/2025 Last Modified: 9/30/2025

Description

Commercial Investment Opportunity in Scranton, PA. This 7,700 sq. ft. Building with 105 Parking Spots, Triple Income Potential Locate in Old Forge, Scranton, PA (South Side Industrial Area) Easy access to Interstate 81... PRIME INDUSTRIAL AREA...Diversified income streams, Strategic location for logistics and distribution. Easy access to major highways (I-81) Potential for expansion and growth Strong potential for rental income. Opportunity for PERMITTED storage unit rentals in the lower level of the front building and back building...Prime location for commercial and industrial tenants. Potential for renovation and redevelopment to suit your investment needs. Call Listing agent for additional information and to set up a showing

More Information MLS# PM-131852

Contract Information

Property Attached YN: No Rent Control YN: No Listing Service: Full Service Lease Considered YN: No Property Sub Type: Industrial List Price: $3,200,000 Current Price: $3,200,000 Status: Active Listing Contract Date: 2025-05-01

Location, Tax, and Legal

Parcel Number: 1650402000204 Municipality: Old Forge Borough High School District: Old Forge County Tax Amount: 8818.04 Municipal Tax Amount: 2131.5 School Tax Amount: 14467.05 Tax Annual Amount: 25416.59 Tax Assessed Value: 98000 Tax Year: 2025 Tax Map Number: 1650402000204 Deed Recording Date: 2024-10-18 Tax Legal Description: 300X410 Zoning Description: Commercial Common Interest: None Land Lease YN: No

General Property Information

Above Grade Finished Area: 5000 Building Area Source: Estimated Stories: 2 Number Of Buildings: 2 Direction Faces: West Year Built Source: Public Records Green Features YN: No Basement YN: Yes Garage YN: No Carport YN: No Open Parking YN: Yes Open Parking Spaces: 105 Lot Size Acres: 2.82 Water Body Access YN: No Sign On Property YN: Yes List Price/SqFt: 415.58 Building Area Total: 7700 Year Built: 1987

Currently Not Used

Number Of Units Total: 2

Remarks and Miscellaneous

Public Remarks: Commercial Investment Opportunity in Scranton, PA. This 7,700 sq. ft. Building with 105 Parking Spots, Triple Income Potential Locate in Old Forge, Scranton, PA (South Side Industrial Area) Easy access to Interstate 81... PRIME INDUSTRIAL AREA...Diversified income streams, Strategic location for logistics and distribution. Easy access to major highways (I-81) Potential for expansion and growth Strong potential for rental income. Opportunity for PERMITTED storage unit rentals in the lower level of the front building and back building...Prime location for commercial and industrial tenants. Potential for renovation and redevelopment to suit your investment needs. Call Listing agent for additional information and to set up a showing Inclusions: Township Permit of storage containers location in the lower level..

Unit Details

Number Of Units Leased: 2

Business Type

Arts and Entertainment: 1 Hall/Auditorium: 1 Music: 1 Locksmith: 1 Hardware: 1 Sporting Goods: 1 Retail: 1 Warehouse: 1 Parking: 1 Storage: 1 Transportation: 1 Commercial: 1 Wholesale: 1

Income and Expenses

Gross Income: 6000

Listing Terms

Cash: 1 Conventional: 1 Owner May Carry: 1 1031 Exchange: 1

Existing Lease Type

Net: 1

Owner Pays

Water: 1 Taxes: 1 Common Area Maintenance: 1 Exterior Maintenance: 1 Roof Maintenance: 1 Snow Removal: 1

Tenant Pays

Electricity: 1 Gas: 1 Trash Collection: 1

Income Includes

Rent Only: 1 Parking: 1 Storage: 1

Operating Expense Includes

Insurance: 1 Water/Sewer: 1 Maintenance: 1 Snow Removal: 1

Financial Data Source

Owner: 1

Possession

Close Of Escrow: 1 Negotiable: 1 Rental Agreement: 1

Structure Type

Industrial: 1 Retail: 1

Current Use

Commercial: 1 Mixed Use: 1

Possible Use

Commercial: 1 Development: 1 Investment: 1 Mixed Use: 1

Building Features

Prime Location: 1 Fixtures Included: 1 Private Restrooms: 1 Public Restrooms: 1

Flooring

Carpet: 1 Concrete: 1 Laminate: 1

Construction Materials

Block: 1 Concrete: 1 Glass: 1 Stone: 1

Cooling

Heat Pump: 1

Heating

Central: 1 Heat Pump: 1

Water Heater

Electric: 1

Power Storage

Power Storage Type: Unknown

Water Source

Public: 1

Sewer

Public Sewer: 1

Exterior Features

Rain Gutters: 1

Parking Features

Parking Lot: 1 Off Street: 1

Road Frontage Type

State Road: 1

Location Tax and Legal

County: Lackawanna Street Number: 107 Street Direction Prefix: N Street Name: Keyser Street Suffix: Avenue City (Post Office): Old Forge State: PA Postal Code: 18518 Subdivision Name: None

Status Change Information

Price Change Timestamp: 2025-05-03T19:14:59Z

Property Features

Listing Terms: Cash; Conventional; Owner May Carry; 1031 Exchange Existing Lease Type: Net Owner Pays: Water; Taxes; Common Area Maintenance; Exterior Maintenance; Roof Maintenance; Snow Removal Tenant Pays: Electricity; Gas; Trash Collection Income Includes: Rent Only; Parking; Storage Operating Expense Includes: Insurance; Water/Sewer; Maintenance; Snow Removal Financial Data Source: Owner Possession: Close Of Escrow; Negotiable; Rental Agreement Structure Type: Industrial; Retail Current Use: Commercial; Mixed Use Possible Use: Commercial; Development; Investment; Mixed Use Business Type: Arts and Entertainment; Hall/Auditorium; Music; Locksmith; Hardware; Sporting Goods; Retail; Warehouse; Parking; Storage; Transportation; Commercial; Wholesale Building Features: Prime Location; Fixtures Included; Private Restrooms; Public Restrooms Flooring: Carpet; Concrete; Laminate Construction Materials: Block; Concrete; Glass; Stone Cooling: Heat Pump Heating: Central; Heat Pump Water Heater: Electric Water Source: Public Sewer: Public Sewer Exterior Features: Rain Gutters Parking Features: Parking Lot; Off Street Road Frontage Type: State Road
Listing Office: Keller Williams Real Estate - Tannersville
IDX
Last Updated: September - 30 - 2025
Information deemed reliable but not guaranteed.