Property photo 1
0 Beds
0 Baths
17,000 sqft

$1,125,000

164 S Main Street, Carbondale PA, 18407

Price per sqft$66.18
Property size17,000 sqft
Property typeCondominium

Overview

Active

Updated 23h ago

SHOVEL-READY MULTIFAMILY REDEVELOPMENT OPPORTUNITY Downtown Carbondale, Pennsylvania Prime redevelopment opportunity in Carbondale's Downtown Main Street District. This project is fully entitled and shovel-ready, with residential zoning approved, architectural and MEP plans completed, and permits approved, allowing a developer to move directly toward construction without the lengthy entitlement and design process. The property is designed and approved for 17-24 residential units (Group R-2 Multifamily), with flexible layouts suitable for market-rate or workforce housing. PROJECT HIGHLIGHTS • Shovel-ready multifamily development • Residential zoning approved • Approved for 17-24 residential units • Architectural and schematic plans completed • MEP plans completed and ready for construction • UCC / IBC-2018 compliant permits approved • Utilities and infrastructure on site • Prime Downtown Main Street location • Convenient access to shops, employers, services, and public transportation • Flexible residential configuration with significant redevelopment upside • Opportunity to save substantial time and pre-development costs by acquiring an already entitled project IDEAL FOR Developers, builders, investors, and multifamily operators seeking a ready-to-build residential project with strong upside in Northeastern Pennsylvania. With zoning, design, engineering, and permitting already completed, a new owner can focus on construction, lease-up, and execution rather than entitlement risk. Offered at $1,125,000 | Buyer Broker Commission: 3%

$7,485/mo

Est. mortgage payment based on a $1,125,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$15,000
Tax Frequency
Annually

Courtesy of OB INTERNATIONAL REAL ESTATE and OB & WISE PROPERTY MANAGEMENT with ,
Listing Contact:  

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