Log In/Sign Up
Your email has been sent.
Electric City Center 329 Penn Ave 20,000 SF 100% Leased Office Building Scranton, PA 18503 For Sale
Investment Highlights
- Prime Downtown Location
- Private Parking Lot
- Fully Leased
Executive Summary
Prime downtown commercial property located on Penn Avenue.
This fully leased investment property offers strong visibility, a prime downtown location, and private parking for tenants — a rare advantage in the city. With established tenancy already in place, this is a solid opportunity for an investor looking for income-producing real estate in the heart of downtown.
This fully leased investment property offers strong visibility, a prime downtown location, and private parking for tenants — a rare advantage in the city. With established tenancy already in place, this is a solid opportunity for an investor looking for income-producing real estate in the heart of downtown.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
20,000 SF
Building Class
C
Year Built
1960
NOI
$207,435 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,000 SF
Building FAR
1.39
Lot Size
0.33 AC
Opportunity Zone
Yes
Zoning
Commercial - Commercial
Parking
24 Spaces (1.2 Spaces per 1,000 SF Leased)
Amenities
- Signage
1 1
Exceptionally walkable
90/100
Moderately drivable
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 14583010002 | Total Assessment | $1,052,637 CAD (2026) |
| Land Assessment | $145,620 CAD (2026) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $907,017 CAD (2026) | Tax Year | 2025 |
Property Taxes
Parcel Number
14583010002
Land Assessment
$145,620 CAD (2026)
Improvements Assessment
$907,017 CAD (2026)
Total Assessment
$1,052,637 CAD (2026)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Electric City Center | 329 Penn Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.