Solid Building in Pennsylvania, USA - reduced by US$1Million

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Description

** Buyer to pay Seller?s legal fees**
** Asking price is in US Dollars**

Address of Property: 116 Salem Ave., Carbondale, Pennsylvania PA18407

Geographic Location:
Map: 05505
Block: 30
Lots: 021 and 040

Cross Streets: Salem Ave., Spring St., Park St., Exposure and entrances on all 3 streets.

Land Area: 59x150x59x150 built full (i.e. 8,850 sq. ft. per floor) + additional 8850 sq. ft. lot

Grand historic stone/brick/steel building in NE Pennsylvania, approximately 2 hours from NYC. Near Poconos, Appalachian and Endless mountains.

Extraordinary views of city, hills and valleys hill/slope. Formerly was the Roosevelt School building. Part of downtown.

Vacant possession guaranteed.

Spacious almost 30000 sq. ft. (8500 + sq. ft. each floor plus approx. 4000 sq. ft. Ground Floor) bright (145-150 windows, majority of which are 9ft. high), 12-18 ft. ceilings, great facade. Majestic stone clad entrances on 3 sides.

This is a great multi-use dream building good for pretty much anything or for mixed use. Close proximity to hospital makes this building ideal for all health/medical uses; hospital or support
services as well as nursing home/eldercare personal care home, ground floor pharmacy with cafe.

Also great for developing as live/worklofts/artists' studios/ showrooms, a self-storage facility, low cost offices and back offices suitable for use by attorneys/CPAs, or any other professional.

The imposing nature of the building's facade and location easily lends itself to use by Federal and State government buildings, renowned architects, all for lower cost than large metropolitan cities), private or charter schools or seminaries or church school/Temple or non profit organizations, museums, banks/financial institutions or even a luxury/ semi luxury apartment building or a grand single family private residence. Two adjacent parking/game court/private garden lots total approx. 8850 sq. ft. in size. These can be priced separately and included in the final deal.

The historic city of Carbondale is friendly as its pretty. It is centrally located with easy access to almost any imaginable activity/amenity. There is speculation that Amtrak will be building a super fast train to NJ/NY. A developer who has a 7 decade long relationship with North Eastern Penn and who has done major studies of Carbondale along with many surrounding towns found it makes good sense to invest big here and is also planning to put in $28 million in a hotel, restaurant, promenade, shopping area, underground parking etc. 4 blocks away on Main Street in downtown.

The car count for Main Street, Carbondale is 22,000 cars a day. Also if Geisinger Hospital takes over the Marion community hospital as has been rumoured (no confirmation available), it may put in place large tens of millions of dollars worth of investment as it did in the last hospital it took over. More private money usually follows large capital infusion areas.

So it seems real estate gentrification seems to have begun in earnest for this beautiful yet sleepy town. Yet one must make own enquiries.

With all the possible future developments in store for the town of Carbondale, and the vast potential for serious opportunity I ask you to see building for yourself. If the huge windows and high ceilings don't get you, all the financially rewarding possibilities should.

Open to arrangement by way of leasing, outright sale, joint venture or gift. Please get in touch in confidence to get more details or to make an offer or to view.

I WILL DEAL WITH PRINCIPALS ONLY (The actual buyer). No Commission paid if you find me a buyer. NO AGENTS PLEASE.

**If you have a need for such a property, you are unlikely to be disappointed**

**WILL CONSIDER SWAP FOR YOUR PROPERTY IN UK plus CASH - PLEASE ENQUIRE - I CAN ONLY SAY NO**

++LOTS PF POSSIBILITES WITH THIS PROPERTY++