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Great Story

501 South Washington Avenue

Get in on our newest property in Scranton!

Be part of the transformation.

This repurposed and converted warehouse campus at 501 South Washington Avenue in Scranton has more than 150,000 square feet of opportunity—based on anchor tenants, there will be high foot traffic within the building itself. There may be grants and incentives available to locate to this adaptive reuse building. It is located in the best possible location—blocks from downtown Scranton: The Marketplace at Steamtown, many restaurants, shopping, and institutes of higher education including the University of Scranton and Lackawanna College.

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FEATURES

  • Space is available from 2,000 to 50,000 square feet
  • Constructed of steel
  • Blocks outside of downtown Scranton
  • Minutes from the Central Scranton Expressway, Route 6 (the Casey Highway), Interstate 81, and Routes 380 and 84
  • 375 parking spots
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UTILITIES

  • New electricity and high-tech wiring
  • New plumbing
  • New sprinkler system
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CUSTOM FITS

Because the building is in its beginning stages of development, the client has the tremendous advantage of the custom fit. As a new tenant, your space will be custom fit to your specifications to meet your needs.

The property’s first anchor tenants include health care clinics, an educational institution, a pharmacy, and testing labs. This property is geared toward retail, medical offices, educational institutions, restaurants, and grocery and convenience stores.

Don’t see what you’re looking for?

Why Ferrario?

The Ferrario companies started in the 1930s out of the back room of a West Scranton paint store. Out of those humble Depression-era beginnings, one paint store became two, and eventually led to an expansion into insurance and real estate. Today, that same multifaceted approach continues to drive the Ferrario brothers. Nine decades into its existence, the Ferrario brand retains its foundational commitment to quality, ingenuity and client satisfaction.

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What Our Tenants Say

DxDempsey Logo

“The location of the Bank Towers building works well for businesses that want to be in the bustle of downtown Scranton. The Ferrarios are fair and attentive landlords.  We have never had an issue that they didn't try to resolve almost immediately. Our tenure at the Bank Towers has been enjoyable, especially when Jerry pops in to check on things—always with a great attitude and a smile.”

Michele Dempsey, AIA, LEED AP

Jason DePietropaolo

“Working with Jerry and the Ferrario Real Estate Company has been a pleasure.  The team at Ferrario Real Estate are attentive to our needs, supply first class working spaces and are all around just nice people to deal with. It is the perfect Landlord-Tenant relationship.”

Jason DePietropaolo

CSO & Co-Founder, Channelape
Linda Thomas-Hemak, MD

“Jerry and Joe Ferrario are wholeheartedly invested in elevating and empowering our Northeastern Pennsylvania community through their numerous entrepreneurial ventures and high-integrity partnerships with non-profit and charitable organizations. Their focus on improving distressed properties, while bolstering regional pride and positively impacting our local economy, is inspiring. We are proud to partner with the Ferrario brothers as, together, we actualize our shared vision of a community-based, comprehensive, primary health services hub in the spring of 2019.”

Linda Thomas-Hemak, MD

President/CEO, The Wright Center