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    401 Meridian Ave Scranton, PA 18504

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    For Sale
    $625,000

    Gas station/convenience mart opportunity in Scranton, PA.

    Property size:
    1,568 SF
    Lot size:
    0.40 Acres

    Property Features for 401 Meridian Ave

    General Information

    Size
    1,568 SF
    Lot size
    0.40 Acres

    Source: BHHS - Preferred Properties | Clarks Summit Agent Kathy Casarin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Scranton Retail/Automotive Opportunity

    This 1568 square foot property presents an opportunity for mechanics, entrepreneurs, auto specialists, and convenience mart investors. The property previously operated as a gas station, and while the tanks have been removed, an environmental study has been completed, allowing for the possibility of reinstallation. The site features a drive-thru convenience mart, suitable for lottery sales, and ample parking. Interested buyers are encouraged to conduct their due diligence with the city of Scranton regarding the potential reinstallation of gas tanks. An easement runs along the adjacent Fraternal Brotherhood of Eagles property to facilitate delivery truck access to the rear.
    Location Intelligence

    Current Use by Public Records

    Laser Lube Meridian ... Oil Change Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Scranton
    County
    Lackawanna
    State
    Pennsylvania
    Longitude
    -75.677962
    Latitude
    41.404597

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    FAQs

    What type of property is this?
    Gas station - Gas station/convenience mart opportunity in Scranton, PA.
    Where is this gas station located?
    The property is located at 401 Meridian Ave Scranton, PA.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: - Opportunity for mechanics, entrepreneurs, auto specialists, and convenience mart investors.; - Existing drive-thru convenience mart with lottery.; - Plenty of parking space.
    (570) 351-1444
    Request Owner's contact information
    401 Meridian Ave Scranton, PA 18504
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    Scranton, PA 18504
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    Realmo Value Estimation

    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.

    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.

    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
    401 Meridian Ave Scranton, PA 18504
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