Turn-Key Restaurant with
1400 Lafayette Street Scranton, PA 18504
New
For Sale
$299,900
COMMERCIAL - Scranton, PA
Property Size1,620 SF
Lot Size0.03 Acres
Price / SF$185.12
Days on Market2
Property Features for 1400 Lafayette Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C1
Parking features
On Street
Security features
Security System
Exterior features
Lighting, Storage, Smart Camera(s)/Recording, Private Entrance
Standard status
Active
APN
14514030057
Size
1,620 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
24X50 W-04 B-015 L-017B P-030
Tax Annual Amount
1529
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
1950
Floors in Building
1
Number of units
1
Flooring type
Tile, Combination, Laminate, Vinyl
Roof type
Flat, Rubber
Additional Structures
Storage
Listing Agency:
EXP Realty LLC
(888) 397-7352
Listed By:
Ana Estela Solano Menendez · License #RS371198
(570) 445-0215
Added: Jul 28
Changed: Jul 29
Last Checked: Jul 29 at 10:06PM
MLS# SC263726
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 turn-key deli/restaurant is fully renovated and offered with the equipment included in the sale. The main level features a customer dining area, and the property also includes a fully equipped commercial kitchen with pre stations and refrigeration. A lower level adds additional prep space and storage, along with a private office.
The property is located on a corner site in West Scranton, with surrounding neighborhoods and local traffic. An installed security camera system is also included with the sale.
With its functional customer and back-of-house layout, the property is designed for day-to-day restaurant operations.
The property is located on a corner site in West Scranton, with surrounding neighborhoods and local traffic. An installed security camera system is also included with the sale.
With its functional customer and back-of-house layout, the property is designed for day-to-day restaurant operations.
Key Highlights
- Fully equipped deli/restaurant with all equipment included for an owner‑operator or small business
- Functional layout includes dining area, fully equipped commercial kitchen, prep stations, and refrigeration
- Lower level offers additional prep space, storage, and a private office
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.3k | $15.00 |
| − Vacancy | −$1.0k | −$0.63 |
| EGI | $23.3k | $14.37 |
| − OpEx | −$5.8k | −$3.59 |
| NOI | $17.5k | $10.78 |
1,620 SF · lease $15.00/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$249.4K
$218.3K – $291.0K
NOI $17,460 @ 7.0% cap · market cap 5.82%
Second Best
Industrial
$135.0K
$118.2K – $157.5K
NOI $9,452 @ 7.0% cap · market cap 3.15%
Theoretical Best
Office A
$411.2K
$359.8K – $479.7K
NOI $28,783 @ 7.0% cap · market cap 9.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Fully renovated deli/restaurant with dining area, equipped commercial kitchen, and included equipment on a corner site.
Where is this conventional restaurant located?
The property is located at 1400 Lafayette Street Scranton, PA.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Fully equipped deli/restaurant with all equipment included for an owner‑operator or small business; Functional layout includes dining area, fully equipped commercial kitchen, prep stations, and refrigeration; Lower level offers additional prep space, storage, and a private office
