Mixed-Use Land for Sale in Jessup, Pennsylvania
Hill St & Delaware Jessup, PA 18434
This remarkable 12-acre parcel of vacant commercial land is fully approved and ready to break ground for a 146-unit Senior Housing Apartment project. Strategically located in Jessup, PA, this project has been meticulously planned to meet the growing demand for senior living.The development includes two thoughtfully designed three-story buildings. Building One features 71 units, consisting of 56 one-bedroom and 15 two-bedroom apartments. Building Two offers 75 units, with 30 one-bedroom and 45 two-bedroom apartments. The project is shovel-ready, with approvals in place, including a completed land development plan, NPDES permit, and building drawings ready for code review.Adding to its appeal, this property offers significant financial incentives, including a 10-year LERTA providing substantial tax savings and PA Opportunity Zone eligibility for long-term investment benefits.This is an unparalleled opportunity for a developer to bring a fully approved, ready-to-go senior housing community to life in a prime location. Act now to turn this vision into reality and create a lasting impact in a growing market.
Directions
To reach 101 Church Street in Jessup, PA, from the Casey Highway (US-6), take the Jessup exit and turn left onto PA-247 North. Proceed to Grassy Island Avenue and turn left, then continue to Church Street and turn right. Property is located at the bottom of Church Street on your Right
Location
- Street Address
- Hill St & Delaware
- County
- Lackawanna County
- School District
- Valley View
- Elevation
- 837 feet
Property details
- Zoning
- Commercial
- MLS Number
- GSBR SC250084
- Date Posted
Property taxes
- 2024
- $7,022
Parcels
- 10418020031
Legal description
12A W-02 B-002 L-039
Detailed attributes
Listing
- Type
- Commercial Sale
- Subtype
- Unimproved Land
- Franchise
- ERA Real Estate
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Jan 7, 2025 | New listing | $2,900,000 | — | GSBR |