Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Office Space in Pittston Township Title is generated by Realmo AI

    400 Route 315 unit F, Pittston, PA 18640

    View on Map
    Claim this Listing
    For Lease
    $1,586/Mo $0.85 SF/Yr (calc)

    COMMERCIAL - Pittston, PA

    Type:Office
    Property size:
    22,500 SF
    Lot size:
    1.48 Acres
    Added:
    Oct 13, 2025
    Days on Market:
    213
    Last Refresh:
    May 13 at 6:06 am

    Property Features for 400 Route 315 unit F

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Zoning
    Commercial
    Parking
    30
    Standard status
    Active
    APN
    51E12S100101B000
    Size
    22,500 SF
    Lot size
    1.48 Acres

    Taxes and HOA fees

    Tax Year
    2023

    Utilities

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

    Building Details

    Year built
    1990
    Floors in Building
    1
    Number of units
    8
    Flooring type
    Vinyl, Carpet
    Building materials
    Stucco
    Roof type
    Rubber

    We can help!

    Listing Contact
    Christopher O'Boyle

    Listing agent Christopher O'Boyle License #RM424350

    Listing office O BOYLE REAL ESTATE LLC 412 South State Street, Clarks Summit, PA

    Listing date Oct 13, 2025

    MLS# SC255320

    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.

    HighLights

    • Good location off of Route 315 in Pittston Twp.
    • Bright office space with 5 offices plus an IT room.
    • Two handicap accessible bathrooms.
    • Central air conditioning.
    • Available immediately.
    • Public water and sewer.

    Overview

    This commercial property offers office space in Pittston Township, Pennsylvania. The available space features a bright environment with five offices and an IT room. There are also two handicap-accessible bathrooms. The property is located off of Route 315 and is available for immediate occupancy. The lot size is 1.48 acres. The property size is 22500 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Pittston
    County
    Luzerne
    State
    Pennsylvania
    Longitude
    -75.759762
    Latitude
    41.313956

    Nearby Similar for Lease

    • $1,200/Mo

      Pittston Commercial Storage Space

      Dry storage space with offices in historic downtown building.
      2 S Main Street, Pittston, PA 18640
      View Details
    • $3,450/Mo

      Downtown Pittston Commercial Space

      Versatile 3,450 SF space suitable for retail or office.
      32 N Main Street, Pittston, PA 18640
      View Details
    • $2,000/Mo

      Historic Landmark Building in Pittston

      Iconic, modernized commercial space in downtown Pittston available for lease.
      2 S Main Street, Pittston, PA 18640
      View Details
    • $1,700/Mo

      Pittston Commercial Space For Rent

      Commercial space with street visibility and easy access to downtown.
      200 N Main, Pittston, PA 18640
      View Details
    • Contact for pricing

      Food Grade Distribution Facility

      249,750 SF food grade facility for sublease in Pittston.
      175 Patriot Drive, Pittston, PA, 18640
      View Details
    • Contact for pricing

      Pittston Warehouse with Large Lot

      17,400 SF warehouse with drive-in doors and high ceilings.
      703 South Township Boulevard, Pittston, PA, 18640
      View Details
    • Contact for pricing

      Pittston Warehouse Space Available

      144,000 sq ft warehouse space for lease.
      125 Capital Rd, Pittston, PA 18640
      View Details
    • Contact for pricing

      Downtown Pittston Retail/Office Space

      Versatile space in revitalizing downtown Pittston, suitable for various businesses.
      32 N Main St, Pittston, PA 18640
      View Details
    • Contact for pricing

      Pittston Distribution Warehouse for Lease

      144,000 SF distribution warehouse with cross-dock configuration available for lease.
      125 Capital Rd, Pittston, PA
      View Details
    • Contact for pricing

      Retail Space in Pittston

      Retail property available for lease in Pittston, Pennsylvania.
      Laurel St, Pittston, PA
      View Details
    • Contact for pricing

      Beverage Manufacturing Facility with Expansion

      403,000 SF manufacturing facility on 58.45 acres for rent.
      Armstrong Rd, Pittston, PA
      View Details
    • Contact for pricing

      New Industrial Flex Space Available

      67,821 SF industrial/flex space for lease in Pittston, PA.
      147 Commonwealth Dr, Pittston, PA
      View Details

    FAQs

    What type of property is this?
    Office units - Bright office space available immediately off Route 315.
    Where is this office units located?
    The property is located at 400 Route 315 unit F Pittston, PA.
    What is the lease rate?
    The lease rate is $1,586 /Mo.
    What are key features of this property?
    This property features: Good location off of Route 315 in Pittston Twp.; Bright office space with **5 offices plus an IT room.**; Two handicap accessible bathrooms.
    (570) 586-2911
    We can help!
    Listing Contact
    Christopher O'Boyle
    Real Estate License ID: RM424350
    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

    Thank You for Inquiry
    400 Route 315 unit: F, Pittston, PA 18640
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!