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1212 Mulberry St Scranton, PA 18510

Sponsored
For Sale
$995,000

Prime Student Housing Location, High Foot Traffic

Property size:
5,569 SF

Description

Added:
Feb 3, 2025
Days on Market:
337
This exceptional 5,569 square foot mixed-use property, situated on a 0.07-acre lot at 1212-1214 Mulberry Street in Scranton, Pennsylvania, presents a compelling investment opportunity. Priced at $995,000, the property's strategic location within the Scranton University area offers significant potential for redevelopment, particularly as student housing. Its proximity to popular local businesses, such as Goodfellas, ensures high foot traffic and a vibrant atmosphere attractive to both students and the wider community. The property's ideal positioning near the university campus and local amenities makes it perfectly suited for a modern student housing development. This presents a unique chance to capitalize on the high demand for student accommodation in this thriving neighborhood. The existing structure offers a solid foundation for a renovation or new construction project tailored to the needs of the student population. This is a rare opportunity to acquire a property with significant upside potential in a desirable and high-demand location. The property's size and location make it an attractive proposition for developers seeking to create a valuable asset within a bustling, high-traffic area. The potential for strong rental income and future appreciation makes this a truly compelling investment.

Property Features for 1212 Mulberry St

General Information

Property type
Mixed-use properties
Square Feet
5,569 SF
Lot Size
3,049 SF

Building Details

Year Built
1950

Location Intelligence

Current Use by Public Records

Chen Garden Chinese Restaurant

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

Location Insight

  • Map
  • Local Demand
City
Scranton
County
Lackawanna
State
Pennsylvania
Longitude
-75.65274
Latitude
41.40483

FAQs

What type of property is this?
Mixed-use property - Prime Student Housing Location, High Foot Traffic
Where is this mixed-use property located?
The property is located at 1212 Mulberry St Scranton, PA.
What is the asking price?
The asking price for this property is $995,000.
More about this property
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