Mixed-Use Property with
For Sale
$950,000
1392 N Washington Avenue, Scranton, PA 18509
Commercial Sale, Scranton, PA
Property Size3,999 SF
Lot Size0.11 Acres
Price / SF$237.56
Days on Market171
Property Features for 1392 N Washington Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Elementary school district
Scranton
Middle school district
Scranton
High school district
Scranton
Directions
US 11 South. Continue on US 11 South. Take the Main Avenue exit. Turn left onto West Market Street. Turn right onto North Washington Avenue. Arrive at 1392 North Washington Avenue.
Standard status
Active
APN
14609040056
Size
3,999 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
100X50 W-13 B-0130 L-0230 P-00100
Tax Annual Amount
13135
Legal Description
100X50 W-13 B-0130 L-0230 P-00100
Building Details
Year built
1912
Floors in Building
3
Number of units
2
Listing Agency:
Keller Williams Real Estate-Clarks Summit · Keller Williams Realty
(570) 585-5800
Listed By:
The Bill Chupko Team · License #RS348943
(570) 588-8030
Added: Apr 22
Changed: Oct 8
Last Checked: Oct 9 at 1:06PM
MLS# SC261724
Copyright © 2026 Greater Scranton Board of Realtors 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 3,999-square-foot mixed-use property dates to 1912 and sits on a 0.11-acre corner lot. The restaurant and pub includes a dining area, bar with 21 taps, keg room, and staff workspace. Seating totals 109: 42 in the restaurant, 19 at the bar, 32 on the patio, and 16 on the porch. The wraparound porch is heated. Furniture, fixtures, equipment, and a liquor license are included. A second-floor apartment and a third-floor space are also part of the building.
The property is at 1392 N Washington Avenue in Scranton, near local universities. It is zoned Commercial.
The property is at 1392 N Washington Avenue in Scranton, near local universities. It is zoned Commercial.
Key Highlights
- 3,999‑square‑foot mixed‑use property on a 0.11‑acre corner lot
- Built in 1912; Commercial zoning
- Restaurant and bar with 109 total seats: 42 restaurant, 19 bar, 32 patio, and 16 porch
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,099
Cap Rate
4.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$861,980
$862.0K
Cap Rate 7%
$615,700
$615.7K
Cap Rate 9%
$478,878
$478.9K
Market Conditions
NOI Build-Up for 3,999 SF
Gross rent
$60.0K $15.00/SF
− Vacancy
−$2.5K −$0.63/SF
EGI
$57.5K $14.37/SF
− OpEx
−$14.4K −$3.59/SF
NOI
$43.1K $10.78/SF
Area
Lackawanna County, PA
Vacancy
4.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$861,980
Cap Rate 7%
$615,700
Cap Rate 9%
$478,878
Alternative Uses
Best Use
Specialty Retail
$615.7K
$538.7K – $718.3K
NOI $43,099 @ 7.0% cap · market cap 4.54%
Second Best
Mixed Use
$578.4K
$506.1K – $674.8K
NOI $40,490 @ 7.0% cap · market cap 4.26%
Theoretical Best
Office A
$1.02M
$888.1K – $1.18M
NOI $71,051 @ 7.0% cap · market cap 7.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
1,016
Businesses Nearby
33k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 75%
Shops & Services 25%
McDonald's
Dining
24,581 visits/mo
0.2 miles
Valero Energy
Shops & Services
4,193 visits/mo
0.1 miles
Enterprise Rent-A-Car
Shops & Services
2,483 visits/mo
0.3 miles
Scranton Dodge Chrysler Jeep RAM
Shops & Services
1,650 visits/mo
0.3 miles
Demographics for 18509, PA
13,720
Population
6,017
Households
2.3
Avg Household Size
39
Median Age
28%
College-Educated
90%
High-School Grad
3.0 sq mi
ZIP Area
4,573
Density / Sq Mi
$52,206
Median Household Income
$31,657
Median Earnings
$991
Median Rent
$176,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The building combines restaurant and bar space with a second-floor apartment and a heated wraparound porch.
Where is this mixed-use property located?
The property is located at 1392 N Washington Avenue Scranton, PA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 3,999‑square‑foot mixed‑use property on a 0.11‑acre corner lot; Built in 1912; Commercial zoning; Restaurant and bar with 109 total seats: 42 restaurant, 19 bar, 32 patio, and 16 porch
