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Listed by Julia Namutka Mericle Commercial Real Estate Services
$ 480,000
Est. payment /mo
Active
Lot 01 Sibley AVE Old Forge, PA 18518
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26-4058
Annual Tax Amount $3,231
Acres 9.49
Lot Dimensions 9.49
Property Sub-Type Land
Source Luzerne County Association of REALTORS®
Property Description
An exceptional opportunity to acquire approximately 18.89 acres of vacant, wooded land in Old Forge Borough, offering both commercial and residential development potential. The property is currently proposed as two parcels: Lot 1 - 9.49 Acres C-2 (Highway Commercial Zoning) and Lot 2 - 9.40 Acres R-1A (Residential Moderate Density Zoning). Total Property - 18.89 Acres. With nearly half of the property designated for commercial use and the balance zoned residential, the site presents a unique opportunity for a mixed-use development concept, subject to applicable Old Forge Borough zoning requirements, approvals, and permitting.
The property includes a proposed, unapproved 25-lot single-family residential development plan prepared in 2010, which could provide a starting point for a developer evaluating the site's residential potential. The plan would require updating and current municipal review.
The property is being offered as a development opportunity, with all proposed uses, subdivision concepts, access, utilities, zoning, wetlands, floodplain information, and development plans subject to verification, current municipal requirements, and all applicable governmental approvals.
The property includes a proposed, unapproved 25-lot single-family residential development plan prepared in 2010, which could provide a starting point for a developer evaluating the site's residential potential. The plan would require updating and current municipal review.
The property is being offered as a development opportunity, with all proposed uses, subdivision concepts, access, utilities, zoning, wetlands, floodplain information, and development plans subject to verification, current municipal requirements, and all applicable governmental approvals.
Location
State PA
County Lackawanna
Area 9.49
Direction From Old Forge take Oak Street to Keyser Ave. Turn right onto Sibley Avenue.
Interior
Fireplace No
Schools
School District Old Forge
Others
Tax ID p/o 16520030002; 16520030001