The iconic Ritz Theater, located in the heart of downtown Scranton!

Asking Price$2,595,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.27000

Price per Sq. Ft.Not Disclosed

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The iconic Ritz Theater, located in the heart of downtown Scranton!


Asking Price$2,595,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.27000

Price per Sq. Ft.Not Disclosed

Property Description
An exceptional opportunity to own a piece of Scranton history. The iconic Ritz Theater, prominently located at 222 Wyoming Avenue in the heart of downtown Scranton, offers timeless architectural character and endless artistic (and revenue generating) potential. This magnificent building has hosted the likes of Harry Houdini, Lucille Ball, and is currently a hub of activity in the downtown.

This well-known performance venue features a striking façade, soaring interior volumes, and original design elements that reflect the grandeur of early 20th-century theater architecture. The property's flexible layout and generous square footage make it ideal for a variety of uses, including live entertainment, bar and restaurant location, event space, boutique cinema, mixed-use development, creative offices, or destination retail.

Situated along bustling Wyoming Avenue, the property benefits from high visibility, strong pedestrian traffic, and proximity to restaurants, government offices, universities, and regional attractions. Its central location places it minutes from major highways and is a short 2 hour drive to both New York City and Philadelphia.

The Ritz Theater presents a rare investment opportunity for developers, investors, or owner-users seeking a signature property with historical significance and downtown presence.
About the Property
Type
Other Business Real Estate
Building Status
Established
Facilities & Assets
Lot size 80x160 - 6 Rest Rooms- Exterior: Brick; Dryvit; Wood; Other - Roof:Rolled -Public Water, Public Sewer -Heat Fuel Type: Electric; Gas -Heat Type:Forced Air -Hot Water: Electric; Gas -AC Type:Central
Ceiling Height: 9'1' to 10'; 10'1' to 11'; 11'1' to 12'; 30' 1'+
Included in Sale:Land; Building; Equipment; Existing Leases; Liquor License; Trade/Business Name
Electrical Service: 3 Phase Electric -
Location Description
Downtown Scranton
Current and Prior Use
well-known, historic performance venuePresent Use:Business; Commercial; Restaurant; Retail; Other
Year Built
1907
About the Sale
Furniture, Fixings and Equipment
Included in Asking Price
Current Property Expenses
Income & Expenses:Sewer Exp: 7,800; Water Exp: 7,800; Electric Exp: 36,000; Gas Exp: 4,800; R.E. Tax Expense: 36,192; Fire Liab Ins Exp: 15,035
Listing Info
ID:
2451303
Listing Views:
Business Location

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Property Listed by: Carmen Winters Lewith & Freeman Real Estate Inc.

Listing ID: 2451303 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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