Sunday, February 19, 2023

Andy's Angles: Vacant

 

Real estate, especially commercial real estate, is a fascinating business.

Walmart used to have a store here along Business Route 6 in Dickson City.  It closed in the 90's because boulders kept breaking off the mountain in the back and they tumbled in to the back of the building.  No one was hurt.

Walmart eventually got fed up and closed the place. There was a temporary move to Taylor while a new store in Dickson City was built.  Walmart eventually constructed a new store in Taylor.

Most of the mountain with the loose and tumbling boulders has been taken down.  The empty lot remains, and that's the part that fascinates me.  Prime location.  Busy highway.  Next to a popular supermarket.  No one wants it.  Too expensive?  Yes, I realize a lot of retail building came to a halt when the pandemic arrived, and there is still a ton of empty retail space in near by malls and plazas.

There is great potential here.