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Mixed-Use Redevelopment Site

108-116 Salem Avenue Carbondale, PA 18407

108-116 Salem Avenue, Carbondale, PA, 18407
$1,175,000
For Sale
$1,175,000

MULTI_FAMILY - Other - Carbondale, PA

Property Size32,272 SF
Lot Size0.99 Acres
Price / SF$36.41
Days on Market42

Property Features for 108-116 Salem Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
APN
05505030021
Lot size
0.99 Acres

Taxes and HOA fees

Tax Annual Amount
7000

Utilities

Water source
Public

Building Details

Building materials
Masonite, Brick
Roof type
Flat, Rubber
Architectural style
Other
Listing agency OB INTERNATIONAL REAL ESTATE and OB & WISE PROPERTY MANAGEMENT
Listed by Ofra Beigel
Added: Jun 10 Updated: Jul 20 at 1:22AM Checked: Jul 21 at 11:06AM
MLS# 11816828

Copyright © 2026 My State 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 offering presents a fully approved corner redevelopment site consisting of three contiguous parcels totaling approximately 43,000 square feet of land, including an existing 32,272 square foot building. The approved redevelopment is for 26 residential apartments with approximately 2,000 square feet of ground-floor retail, supported by 49 on-site parking spaces.

The property is positioned at the corner of Salem Avenue, Spring Street, and Prince Street, providing multiple points of access and prominent street frontage. The site includes 108, 110, and 116 Salem Avenue.

The current approvals encompass the zoning and land development approvals needed to move forward with the planned mixed-use multifamily redevelopment.

Key Highlights

  • Corner redevelopment site at Salem Avenue, Spring Street, and Prince Street with frontage on all three streets
  • Three contiguous parcels totaling approx. 43,000 SF, including an existing approx. 32,272 SF building
  • Approved 26‑unit multifamily mixed‑use redevelopment

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Real Estate Agency Electrical Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Garden Center Furniture & Home Goods Bakery Barber Shop (Bike/Boat/Book/etc) Store Florist

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

FAQs

What type of property is this?
Apartment building - Three contiguous parcels with an existing building, approved for 26 apartments and ground-floor retail.
Where is this apartment building located?
The property is located at 108-116 Salem Avenue Carbondale, PA.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: Corner redevelopment site at Salem Avenue, Spring Street, and Prince Street with frontage on all three streets; Three contiguous parcels totaling approx. 43,000 SF, including an existing approx. 32,272 SF building; Approved 26‑unit multifamily mixed‑use redevelopment
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