Scranton PA Commercial for Sale
$1,195,000
1212 1214 Mulberry Street Scranton, PA 18510
- Type:
- Mixed Use
- Sq.Ft.:
- 5,569
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.07 Acres
- Year built:
- 1950
- Baths:
- MLS#:
- SC5834
ADDITIONAL INFORMATION
Attention Developers: Prime Opportunity for Student Housing Investment!This exceptional property is strategically located within the highly sought-after Scranton University territory, offering significant potential for a vibrant student housing development. Neighboring popular establishments like Goodfellas, this area enjoys high foot traffic and a lively community atmosphere that appeals to both students and local residents. With its ideal positioning near campus and local amenities, this property is perfectly suited for a modern, student-focused development that could quickly become a go-to living option for Scranton's university community. Don't miss this chance to create a valuable asset in a bustling, high-demand neighborhood.
- Type:
- Mixed Use
- Sq.Ft.:
- 12,989
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.59 Acres
- Year built:
- 1950
- Baths:
- MLS#:
- SC5675
ADDITIONAL INFORMATION
Step into over 12,000 square feet of history, charm, and endless possibilities at the former ''Harrison House.'' This expansive property has been meticulously maintained and offers over 20 rooms and bathrooms, making it ideal for various uses--from a boutique personal care facility to potential office space, luxury apartments, or an upscale bed and breakfast.The building spans three floors, each accessible by elevator, and is designed with practical and welcoming features, including a grand foyer, a spacious kitchen, a recreational room, multiple offices, and laundry facilities. Its classic architecture and generous layout make it versatile for any vision, while its ideal location in the desirable Hill Section enhances its potential.Whether you're looking to expand your business or reimagine this unique space, the Harrison House is ready to bring your dreams to life. Don't miss this one-of-a-kind investment opportunity!
$2,990,000
401 Adams Avenue Scranton, PA 18510
ADDITIONAL INFORMATION
Six story former office building. Redevelopment opportunity. Possible multi-family use. Listed price is a great value for a building just shy of 100,000 SF. Call agent for further details. To be subdivided prior to Closing. Taxes to be Determined.Located in Scranton School District.
$2,597,910
316 320 Taylor Avenue Scranton, PA 18510
- Type:
- Other
- Sq.Ft.:
- 18,500
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.04 Acres
- Year built:
- 1930
- Baths:
- MLS#:
- SC786
ADDITIONAL INFORMATION
Delighted to present an exclusive opportunity to acquire The Royal Residences, a multifamily building offering 19 units and 53 beds, strategically located adjacent to the University of Scranton in the heart of the renowned ''Eds and Meds'' neighborhood known as The Hill.The Royal Residences present an enticing investment opportunity in a thriving educational and medical hub. With recent capital improvements, a strategic location, and a diverse tenant base, this property is well-positioned for sustained growth and financial success.Nestled between the University of Scranton, The Commonwealth School of Medicine, Marywood University, Lackawanna College, and Penn State - Worthington campus, The Royal Residences occupy a coveted spot within close proximity to major educational institutions.The property is conveniently situated near Scranton Regional Hospital, Moses Taylor Hospital, and Geisinger Hospital, making it an ideal residence for medical professionals and students in the healthcare field.The current ownership has executed a comprehensive $650,000+- capital expenditure plan at Taylor Ave. This plan includes renovations to 18 units, a new roof installation, upgraded laundry facilities, and various other improvements, enhancing the overall quality and appeal of the property.The 3BR units boast spacious layouts of 1,003+ square feet, offering a comfortable and modern living experience. Additional value-add opportunities are present in the 2BR units, with a targeted lease-up strategy for 2024-2025.The City of Scranton hosts approximately 15,000 students from local colleges and universities. This, combined with the influx of professionals and medical staff from nearby hospitals, creates a diverse and dynamic tenant pool. Families seeking quality housing also contribute to the broad appeal of The Royal Residences.
Listings courtesy of Greater Scranton MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Copyright © 2024 Greater Scranton Board of REALTORS®. All rights reserved.
Information is provided by the Luzerne County Association of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 Luzerne County Association of REALTORS®. All rights reserved.
Scranton Real Estate
The median home value in Scranton, PA is $135,700. This is lower than the county median home value of $174,200. The national median home value is $338,100. The average price of homes sold in Scranton, PA is $135,700. Approximately 42.6% of Scranton homes are owned, compared to 42.72% rented, while 14.68% are vacant. Scranton real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Scranton real estate agent to arrange a tour today!
Scranton, Pennsylvania 18510 has a population of 75,987. Scranton 18510 is less family-centric than the surrounding county with 19.74% of the households containing married families with children. The county average for households married with children is 24.76%.
The median household income in Scranton, Pennsylvania 18510 is $44,161. The median household income for the surrounding county is $58,366 compared to the national median of $69,021. The median age of people living in Scranton 18510 is 37.5 years.
Scranton Weather
The average high temperature in July is 81.6 degrees, with an average low temperature in January of 15.9 degrees. The average rainfall is approximately 40.3 inches per year, with 40.9 inches of snow per year.