509-513 Beech Street, Scranton, PA 18505 (MLS# 25-2981)

509-513 Beech Street, Scranton, PA 18505

$930,000

Property Type: Commercial Sale Baths: 12 Square Footage: 7,994 Lot Size (sq. ft.): 9,148 Status: Active

Current Price: $930,000 List Date: 10/07/2025 Last Modified: 10/07/2025

Description

Prime Investment Opportunity - Fully Leased Mixed-Use Buildings Don't miss this exceptional opportunity to own two well-maintained, income-producing mixed-use buildings in a high-visibility location. These fully rented properties at 509 and 513 Beech Street offer immediate cash flow and long-term investment potential.

Supplements: 509 Beech Street features 6 residential apartments and 2 street-level commercial storefronts, currently occupied by a Grocery Store and a Barber Shop. 513 Beech Street includes 4 residential apartments. Three residential units are on month-to-month leases, offering flexibility for rent adjustments or tenant updates. The buildings boast semi-modern kitchens and baths, with finished square footage totaling nearly 8,000 sq ft. Tenants cover their own electric; landlord covers electric for common areas, including laundry and exterior lighting. On-site parking for 10 vehicles, plus ample on-street parking. These properties are ideal for investors looking for reliable cash flow with value-add potential through future renovations or lease restructuring.

More Information MLS# 25-2981

Listing Information

For Sale: Y Limited Service: No Current Price: $930,000 List Price: $930,000 List Date: 2025-06-18

Property Information

Realtor.COM Type: Commercial SqFt Office: 0 SqFt Warehouse: 0 Lot Size: 190x50 Garage Stalls: 0 Year Built Age: 51 - 75 Yrs # Acres: 0.21 # Spaces Off-Street: 10 # of Docks: 0 Environmental Survey: N Property Sub Type: Mixed Use Aprx Total SF: 7994 Total Bathrooms: 12

Location, Tax & Legal

Zoning: Commercial PIN#: 15619060014 DB/Record Book: 2022 Page: 15689 Appeal Pending: No Total County Assmnt: 35500 Est County Tax: 2223.78 Est Total Tax: 10106.16 House # (1): 509-513 Street Name: Beech Street Suffix: Street City (Post Office): Scranton State/Province: PA Zip Code: 18505 MLS Area: Misc Out of County County: Lackawanna Municipality: Scranton City Develop/Subdivision: None School District: Other - See Remarks

Remarks & Directions

Included: 10 refrigerators, 10 stoves Coin Operated 1 washer 1 dryer. Appliances are as-is. Excluded: Owner & Tenants personal property. Hot Sheet Comment: price

Income & Expenses

Cash Flow Stmt Avail: Yes Water Exp: 15100 Electric Exp: 1140 Fire Liab Ins Exp: 10640 Other Exp: 1029 Annual Tot Expenses: 38586 Ann Net B/4 Debt: 137700

Heat Fuel Type

Electric: 1 Gas: 1

Heat Type

Electric Baseboard: 1 Steam: 1

Condition

Good: 1

AC Type

None: 1

Water

Public: 1

Exterior

Brick: 1

Sewer

Public: 1

Roof

Rubber: 1

Property Features

Basement: 1 Established Business: 1 Rest Rooms: 1 Storage - Inside: 1

Present Use

Apartments: 1 Business: 1

Ceiling Height

Up to 8'0': 1

Included in Sale

Land: 1 Building: 1

Remarks Directions

Directions: Pittston Ave in South Scranton towards Moosic. Left on Beech Street

Status Change Information

Status: Active

Property Features

Heat Fuel Type: Electric; Gas Heat Type: Electric Baseboard; Steam AC Type: None Water: Public Sewer: Public Exterior: Brick Condition: Good Roof: Rubber Property Features: Basement; Established Business; Rest Rooms; Storage - Inside Present Use: Apartments; Business Ceiling Height: Up to 8'0' Included in Sale: Land; Building

Listing Office: Abstract Realty Group

Listing Agent: Amber Donnelly

Last Updated: October - 07 - 2025

Information deemed reliable but not guaranteed.

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MLS Listing