Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1337 N Main Avenue Scranton, PA 18508

    View on Map
    For Lease
    $5,000 /Mo

    COMMERCIAL - Scranton, PA

    Property size:
    6,200 SF
    Lot size:
    0.31 Acres
    Added:
    Dec 16, 2025
    Days on Market:
    106
    Last Refresh:
    Apr 1 at 10:06 am

    Property Features for 1337 N Main Avenue

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    Commercial
    Parking
    12
    Standard status
    Active
    APN
    13416020071
    Size
    6,200 SF
    Lot size
    0.31 Acres

    Taxes and HOA fees

    TaxYear
    2025

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1992
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Carpet
    Building materials
    Brick
    Roof type
    Wood, Composition

    We can help!

    Listing Contact
    Kyle Savage

    Listing agent Kyle Savage License #RS340241

    Listing office Christian Saunders Real Estate 771 E. Drinker Street, Dunmore, PA

    Listing date Dec 16, 2025

    MLS# SC256291

    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.

    Overview

    Retail Space Near Dunkin Donuts

    This commercial space, located on North Main Avenue in Scranton, Pennsylvania, offers 6,200 square feet of retail space. The property is situated next to a Dunkin Donuts. The lot size is 0.31 acres. The zoning is commercial.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Scranton
    County
    Lackawanna
    State
    Pennsylvania
    Longitude
    -75.664762
    Latitude
    41.431289

    Nearby Similar for Lease

    • Contact for pricing

      Scranton Medical Office For Lease

      3,000 sqft medical office with high visibility, move-in ready.
      397 N 9th Avenue, Scranton, PA 18504
      View Details
    • $10/mo

      Turnkey Commercial Space in Scranton

      Versatile commercial property, currently a salon, ready for various business.
      1805 Sanderson Avenue, Scranton, PA 18509
      View Details
    • Contact for pricing

      Main Avenue Commercial Space Available

      Commercial space in a busy central location, suitable for retail/office.
      409 N Main Avenue, Scranton, PA 18504
      View Details
    • Contact for pricing

      Scranton Retail or Office Space

      Commercial space suitable for retail or office use in Scranton.
      409 N Main Avenue, Scranton, PA 18504
      View Details
    • $5/mo

      Retail Space in Scranton

      6,534 SF retail space for lease in Scranton.
      302 E Locust Street unit: Retail, Scranton, PA 18505
      View Details
    • Contact for pricing

      Scranton Commercial Space For Lease

      Commercial space available for lease in Scranton, Pennsylvania.
      1111 Jackson Street, Scranton, PA 18504
      View Details
    • Contact for pricing

      Versatile Commercial Space in Scranton

      Adaptable commercial space in high-traffic Scranton location.
      918 N Washington Avenue, Scranton, PA 18509
      View Details
    • Contact for pricing

      Downtown Scranton Office Space Available

      Office space for rent in the heart of Scranton.
      116 N Washington Ave. unit: 200, Scranton, PA 18503
      View Details
    • $5/mo

      Scranton Warehouse Space Available

      9,736 SF warehouse for lease in Scranton, PA.
      302 E Locust Street unit: Warehouse, Scranton, PA 18505
      View Details
    • $4/mo

      Office Space in Scranton, PA

      2,680 SF office space for lease in South Scranton.
      302 E Locust Street unit: Office, Scranton, PA 18505
      View Details
    • Contact for pricing

      Scranton Commercial Flex/Industrial Space

      Flex/industrial space available for lease in Scranton, Pennsylvania.
      1113 Jackson Street, Scranton, PA 18504
      View Details
    • Contact for pricing

      Downtown Scranton Retail Space Available

      Prime retail space in the heart of Downtown Scranton.
      126 N Washington Ave., Scranton, PA 18503
      View Details

    FAQs

    What type of property is this?
    Retail space - 6,200 sq ft commercial space next to Dunkin Donuts.
    Where is this retail space located?
    The property is located at 1337 N Main Avenue Scranton, PA.
    What is the lease rate?
    The lease rate is $5,000 /Mo.
    What are key features of this property?
    This property features: Prime location on Main Ave.; **6,200 Sq Ft of space.**; NNN lease structure.
    (570) 335-0730
    We can help!
    Listing Contact
    Kyle Savage
    Real Estate License ID: RS340241
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!