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Corner Mixed-Use Building
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343 Adams Ave, Scranton, PA 18503

Mixed-use corner property with 14 apartments and three storefronts, gut renovated with updated electrical, plumbing, and fire suppression.

Property SizeContact for details
Days on Market142

Property Features for 343 Adams Ave

General Information

Standard status Active
Property subtype Mixed Use, Multifamily, Office, Retail

Additional Details

Multifamily Units 14
Listing Agency: Redwood Realty
Listed By: Michael Scrima · License #NY 10301219536
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 5:30AM

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 Redwood Realty

Investment Insights

Based on property information with market context.

This corner mixed-use building includes fourteen (14) apartments and three (3) storefronts. The property underwent a gut renovation with new electric, plumbing, and fire suppression, along with updated units. Each tenant pays their own utilities.

The building is located at the corner of Adams Avenue and Mulberry St in Scranton, Pennsylvania, and is about a quarter mile from the University of Scranton. Nearby amenities include stores and restaurants within walking distance.

For sale as a 100% free-market investment opportunity, the configuration combines residential units with street-level retail space.

Key Highlights

  • Mixed‑use corner building in Scranton, PA with 14 apartments and 3 storefronts on Adams Avenue and Mulberry St
  • Gut renovation completed with new electric, plumbing, and fire suppression systems
  • Updated units throughout

Property Analytics

Current Use

Spice Asian Market (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Carpet & Flooring Store Pet Grooming Service Locksmith (Bike/Boat/Book/etc) Store Florist

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

Lease Details

14
Residential units

Location Intelligence

Trade Area within ½ mile

3,365
Businesses Nearby

Demographics for 18503, PA

1,792
Population
1,051
Households
1.7
Avg Household Size
44
Median Age
40%
College-Educated
89%
High-School Grad
0.5 sq mi
ZIP Area
3,584
Density / Sq Mi
$40,214
Median Household Income
$27,863
Median Earnings
$933
Median Rent
$259,400
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 - Mixed-use corner property with 14 apartments and three storefronts, gut renovated with updated electrical, plumbing, and fire suppression.
Where is this mixed-use property located?
The property is located at 343 Adams Ave Scranton, PA.
What are key features of this property?
This property features: Mixed‑use corner building in Scranton, PA with 14 apartments and 3 storefronts on Adams Avenue and Mulberry St; Gut renovation completed with new electric, plumbing, and fire suppression systems; Updated units throughout
More about this property
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