Scranton, Pennsylvania, offers a unique opportunity for investors to diversify their portfolios with Specialty Properties. With a rich history and a strong sense of community, Scranton is an attractive location for businesses and individuals alike. Specialty Properties in Scranton can represent a range of investments, from historic buildings to unique commercial spaces. These properties often offer a blend of character and functionality, making them an attractive option for those looking to invest in a property that stands out from the crowd. Scranton's amenities, such as the Lackawanna County Library System and the University of Scranton, make it an excellent location for businesses and individuals who value education and community resources. The city's infrastructure, including the Wilkes-Barre/Scranton International Airport and major highways, provides easy access to surrounding areas and major cities. Additionally, Scranton's geography, with its rolling hills and scenic views, makes it an attractive location for those who value natural beauty. The city is also home to notable companies such as Geisinger Commonwealth School of Medicine and Johnson College, making it an excellent location for businesses and individuals who value innovation and progress. With its unique blend of history, community, and natural beauty, Scranton is an excellent location for investors to consider.
Scranton is home to a range of property types, including Specialty Properties, which offer a unique investment opportunity. Nearby, Shopping Centers like the Viewmont Mall and the Mall at Steamtown provide a hub for retail and commerce. Land is also available for development, with opportunities for investors to build new properties or renovate existing ones. Office Properties, such as those in the downtown area, offer a range of spaces for businesses and professionals. Warehouses, like those located near the Wilkes-Barre/Scranton International Airport, provide a convenient location for logistics and distribution. With its diverse range of property types and strong sense of community, Scranton is an attractive location for investors and businesses alike. The city's unique blend of history, culture, and natural beauty makes it an excellent location for those looking to invest in a property that offers a unique character and charm. With 4 Specialty Properties available for sale, investors have a range of options to choose from, each with its own unique characteristics and advantages.
What financing options are available for specialty property purchases?
When it comes to financing specialty property purchases in Scranton, Pennsylvania, there are various options available to investors. For instance, commercial real estate loans (CRE loans), as explained in our article at CRE loans, can provide the necessary funding for acquiring unique properties, such as churches, schools, or hospitals, which are currently listed on the market, with 4 available listings, averaging $63 USD per square foot, and ranging in size from 108,153 square feet to 315,000 square feet, with an average cap rate of.
