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Mixed-Use Building with Bar
New
For Sale
$129,900

1429 Prospect Avenue, Scranton, PA 18505

A second-floor apartment sits above a ground-level commercial space with bar, kitchen, and restroom fixtures.

Property Size4,200 SF
Days on Market6

Property Features for 1429 Prospect Avenue

General Information

Standard status Active
Size 4,200 SF
Property subtype Mixed Use

Units

Unit Mix 1 x 4+/- bedroom apartment
Multifamily Units 1

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $2,737

Building Details

Building Size 4,200 SF
Year Built 1930
Buildings 1
Listing Agency: Jeff Davis Real Estate LLC
Listed By: Jeffrey E Davis
Source: Luxehomesnepa
Added: Oct 8 Changed: Oct 11 Last Checked: Oct 11 at 2:40PM

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 Jeff Davis Real Estate LLC

Investment Insights

Based on property information with market context.

Built in 1930, this mixed-use building has a commercial space on the ground floor with a bar, kitchen, and restrooms. An interior stairway leads to a sizable basement used for storage. The second floor contains an apartment with approximately four bedrooms, while a walk-up attic provides additional storage space.

The property occupies the corner of Prospect Avenue and Fig Street in Scranton. Its residential and commercial components are arranged across separate floors.

Key Highlights

  • Ground‑floor commercial space includes a bar, kitchen, and restrooms
  • Second‑floor apartment has approximately 4 bedrooms
  • Interior stairway connects to a large basement storage area

Property Analytics

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Current Use

Bars & Pubs

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm (Bike/Boat/Book/etc) Store Garden Center Catering Service

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

1
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

556
Businesses Nearby

Demographics for 18505, PA

20,982
Population
9,996
Households
2.1
Avg Household Size
39
Median Age
26%
College-Educated
87%
High-School Grad
8.8 sq mi
ZIP Area
2,384
Density / Sq Mi
$52,599
Median Household Income
$34,155
Median Earnings
$954
Median Rent
$139,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - A second-floor apartment sits above a ground-level commercial space with bar, kitchen, and restroom fixtures.
Where is this mixed-use property located?
The property is located at 1429 Prospect Avenue Scranton, PA.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: Ground‑floor commercial space includes a bar, kitchen, and restrooms; Second‑floor apartment has approximately 4 bedrooms; Interior stairway connects to a large basement storage area
More about this property
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