INTERSTATE
EXPRESSWAY
COMMERCIAL SITE
FOR SALE
$650,000
ADDRESS1181 Mt. Cobb Road (PA Rte. 348), Mt. Cobb, Jefferson Twp., Pennsylvania 18436
LOCATIONInterchange # 8 (Mt. Cobb) of Interstate Route 84 with Pa. Routes 247 & 348, about 5 miles east of Scranton, PA, where I-84 interchanges with I-81, I-380 & U.S. Rte. 6. I-80 & I-476 access is relatively close by. Also found here are a Sunoco Travel Plaza(with a Liberty Convenience Store, Burger King & Tim Horton Express Cafe), a Gulf gas station, NBT Bank of Mt Cobb, Dollar General store, PA Dept of Transportation maintenance facility and commuter parking lot, and an ambulance & EMS station.I-84 is the principal inland highway route to and from New England for traffic using Interstate Routes 80 and 81.
LAND AREAApproximately 5.372 acres, more or less. Survey Map available.
FRONTAGEMt. Cobb Road (Route 348): 556 Feet; Route 247:109 Feet.
TOPOGRAPHYPredominantly level and at road grade
IMPROVEMENTSOne story 1,792 square feet commercial building, constructed as a branch bank, most recently used as a diner; and a 1 story, 2,108 sq. ft, 6 room,2 bedroom, 2 bath single family dwelling with finished basement and detached 2 car garage. BUT THIS PROPERTY IS PRICED AS, IS BEING MARKETED AS, AND WILL BE SOLDAS ONE VACANT COMMERCIAL SITE(REGARDLESS OF ULTIMATE BUYER’S INTENDED USE).
UTILITIESPublic electricity, and on-site well water and septic sewage disposal
ZONINGC-1: Commercial
TRAFFIC COUNTInterstate Route 84: 19,000 ADT; Mt. Cobb Road: 11,000 ADT; Route 247: 3,400. (Source: PennDot 2016)
TAXES$6,465(Tax Year 2017) (Based on Total Assessmentof two constituent subject tax parcels of $32,000). Both assessments and taxes are likely to change upon development of the assembled tract of land to its highest and best use.
REMARKSNote: This property is being sold as a commercial site for a new use. The asking price has no relationship to the utility or value of the buildings presently on the parcel. Asking price is related strictly to the utility of this land as asite for commercial use (for improvement, after demolition of the buildings, with a new building or buildings to be designed and built for such new commercial use). Building leases, if any, are on a month-to-month basis.
Mt Cobb Road-InfoSheet-E 1/26/18