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Mixed-Use Building with Storefronts
For Sale
$277,700

121 E Lackawanna St, Olyphant, PA 18447

Two first-floor storefronts and rear parking, with the rest of the building taken down to the studs for renovation.

Property Size3,850 SF
Price / SF$72.13
Days on Market67

Property Features for 121 E Lackawanna St

General Information

Standard status Active
Size 3,850 SF

Taxes and HOA fees

Annual Taxes $7,437
Listing Agency: LUXE Homes Real Estate LLC
Listed By: Casie Lynott
Source: Exprealty
Added: Jul 4 Changed: Sep 7 Last Checked: Sep 7 at 2:52PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LUXE Homes Real Estate LLC

Investment Insights

Based on property information with market context.

This mixed-use building includes two first-floor storefront spaces. One storefront is described as remodeled and turnkey, currently operating as a dog-grooming business, and is noted to have vinyl flooring and central A/C. The second first-floor commercial space is described as ready for finishing, with high ceilings.

The remainder of the building has been taken down to the studs, creating a blank canvas to complete the renovation that has started. Upstairs, the property offers the potential for three apartments, with exposed brick walls and skylights noted.

The building includes rear parking and is located in Olyphant’s main hub, with mention of plenty of foot traffic and local downtown activity tied to Third Thursdays, which runs from May through November. The dog-grooming business is not included in the sale.

Key Highlights

  • 5‑unit mixed‑use commercial building with two first‑floor storefronts and rear parking
  • One remodeled storefront is operating as a dog‑grooming business with vinyl flooring and central A/C (business not included in sale)
  • Second first‑floor storefront has high ceilings and a blank canvas ready to finish

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Daycare Center HVAC Service (Bike/Boat/Book/etc) Store Garden Center Cafe & Coffee Shop Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

586
Businesses Nearby

Demographics for 18447, PA

10,362
Population
4,799
Households
2.2
Avg Household Size
45
Median Age
28%
College-Educated
96%
High-School Grad
19.9 sq mi
ZIP Area
521
Density / Sq Mi
$64,276
Median Household Income
$42,470
Median Earnings
$971
Median Rent
$194,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two first-floor storefronts and rear parking, with the rest of the building taken down to the studs for renovation.
Where is this mixed-use property located?
The property is located at 121 E Lackawanna St Olyphant, PA.
What is the asking price?
The asking price for this property is $277,700.
What are key features of this property?
This property features: 5‑unit mixed‑use commercial building with two first‑floor storefronts and rear parking; One remodeled storefront is operating as a dog‑grooming business with vinyl flooring and central A/C (business not included in sale); Second first‑floor storefront has high ceilings and a blank canvas ready to finish
More about this property
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