Turn-Key Restaurant with Luxury
110 N Main Avenue Scranton, PA 18504
110 N Main Avenue, Scranton, PA, 18504
$950,000
For Sale
$950,000
COMMERCIAL - Scranton, PA
Property Size3,015 SF
Lot Size0.20 Acres
Price / SF$315.09
Days on Market72
Property Features for 110 N Main Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C-01
- Rooms
- Basement
- Parking
- 5
- Parking features
- Off Street
- Basement
- Unfinished
- Standard status
- Active
- APN
- 14518040052
- Size
- 3,015 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- 21X96x21x96 W-05 B-018 L-003 P-027
- Tax Annual Amount
- 266
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1915
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Wood, Tile
- Building materials
- Brick, Vinyl Siding, Frame
- Roof type
- Rubber
Listing Agency
NASSER REAL ESTATE, INC.
(570) 342-4115
304 N. Main Ave., Scranton, PA
Listed by
Jim Nasser · License #AB065869
(570) 309-8799
Added: May 11 Updated: Jun 9 at 1:40 pm Checked: Jul 21 at 4:06 am
MLS# SC262113
Copyright © 2026 Greater Scranton Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use property features a restaurant and a luxury apartment. The restaurant is a turn-key operation with a warm, contemporary atmosphere and a modern bar. Included in the sale are the liquor license, all restaurant contents, and kitchen equipment. The apartment features stainless steel appliances, 3 large bedrooms, spacious interiors, and premium finishes. The property is located on high-traffic Main Avenue. The building, apartment, and commercial kitchen are described as being like new. The restaurant has a long-standing reputation and a large loyal following. The property is suited for an owner-operator or hospitality investor. The property size is 3015 square feet and the lot size is 0.2 acres. The zoning is C-01.
Key Highlights
- Built in 1915 with brick, frame, and vinyl siding construction
- Heating: natural gas forced air; cooling: central air
- Public water and public sewer service
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.2k | $15.00 |
| − Vacancy | −$1.9k | −$0.63 |
| EGI | $43.3k | $14.37 |
| − OpEx | −$10.8k | −$3.59 |
| NOI | $32.5k | $10.78 |
3,015 SF · lease $15.00/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$464.2K
$406.2K – $541.6K
NOI $32,494 @ 7.0% cap · market cap 3.42%
Second Best
Mixed Use
$436.1K
$381.6K – $508.8K
NOI $30,527 @ 7.0% cap · market cap 3.21%
Theoretical Best
Office A
$765.3K
$669.6K – $892.8K
NOI $53,568 @ 7.0% cap · market cap 5.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
New Breed Athletics
Gym & Fitness Center
750 Plus CreditRepair ...
Financial Advisor
PUEBLA GROCERY
Grocery & Convenience Store
Pronto italian restaurant
Restaurant
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FAQs
What type of property is this?
Conventional restaurant - Mixed-use property featuring a restaurant and upscale residential unit.
Where is this conventional restaurant located?
The property is located at 110 N Main Avenue Scranton, PA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Built in 1915 with brick, frame, and vinyl siding construction; Heating: natural gas forced air; cooling: central air; Public water and public sewer service
