Commercial Land in Scranton, Pennsylvania, offers a unique investment opportunity for those looking to capitalize on the city's diverse economy and rich cultural heritage. With 17 listings available, Commercial Land in Scranton presents a range of possibilities for investors, from retail and office spaces to industrial and manufacturing facilities. As a hub for healthcare, academia, and manufacturing, Scranton's economy is driven by major employers such as Geisinger Commonwealth School of Medicine, Johnson College, and Lackawanna College. The city's infrastructure, including the Wilkes-Barre/Scranton International Airport and major highways like Interstate 81 and Interstate 84, provides easy access to surrounding cities and regions. Additionally, Scranton's amenities, such as the Lackawanna County Library System and Nay Aug Park, make it an attractive location for businesses and residents alike. With an average price per square foot of $364 USD and average size of 3,300 square feet, Commercial Land in Scranton offers a competitive investment opportunity. The city's attractions, including the Scranton Iron Furnaces and Steamtown National Historic Site, also make it a popular tourist destination, further enhancing its appeal as a business location.
In the context of Scranton, Commercial Land represents a significant investment opportunity, given the city's diverse economy and rich cultural heritage. Nearby, the Wilkes-Barre/Scranton International Airport and major highways provide easy access to surrounding cities and regions. Other property types available in Scranton include Office Space, Industrial Space, and Retail Space, each offering unique investment opportunities. Office Space in Scranton is ideal for businesses looking to capitalize on the city's strong healthcare and academic sectors. Industrial Space in Scranton is well-suited for manufacturing and logistics companies, given the city's history of industrial production. Retail Space in Scranton offers a range of possibilities, from small boutiques to large shopping centers. Overall, Scranton's Commercial Land, with its competitive pricing and diverse economy, presents a compelling investment opportunity for those looking to capitalize on the city's growth and development.
What are common commercial uses for land in the Scranton market?
In Scranton, Pennsylvania, commercial land is often utilized for healthcare facilities, educational institutions, and manufacturing operations, given the city's strong presence of major employers in these sectors, such as Geisinger Commonwealth School of Medicine, Johnson College, and Lackawanna College.
Additionally, the land may be used for retail and office spaces, taking advantage of the city's convenient transportation infrastructure, including the Wilkes-Barre/Scranton International Airport and major highways like Interstate 81 and Interstate 84, which connect Scranton to nearby cities and regions.
What are common ways to purchase land to use in development projects?
When it comes to purchasing land for development projects in Scranton, Pennsylvania, there are several common ways to do so. For instance, investors can buy land directly from a private seller, work with a commercial real estate broker, or explore online marketplaces like CityFeet, which currently lists 17 available listings of commercial land for sale, with an average price per square foot of $364 USD and an average size of 3,300 square feet.
Before making a purchase, it's essential to understand the process and considerations involved in buying land. For a comprehensive guide, check out our article on how to buy land, which covers the ins and outs of land acquisition and whether it's a good investment for your development project.
