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    Multi-Use Residence/Business with Garage Title is generated by Realmo AI

    1430 N Main Avenue, Scranton, PA 18508

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    For Sale
    $299,900

    COMMERCIAL - Scranton, PA

    Property size:
    4,880 SF
    Lot size:
    0.44 Acres
    Price / SF:
    $61/SF
    Added:
    Aug 17, 2025
    Days on Market:
    273
    Last Refresh:
    May 16 at 12:06 am

    Property Features for 1430 N Main Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    N City Neigh Mi
    Rooms
    Basement
    Parking
    12
    Parking features
    Garage, Alley, Parking Lot
    Exterior features
    Storage
    Fencing
    Chain Link
    Basement
    Unfinished, Storage Space
    Standard status
    Active
    APN
    13416030036
    Size
    4,880 SF
    Lot size
    0.44 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    3 parcels, 2 deeds 146'x122'x146'x142' : Add' parcels included in the sale 3416030037, 13416030038. Taxes in remarks
    Tax Annual Amount
    2765

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Oil, Natural Gas, Forced Air, Propane (Heating)
    Water source
    Public

    Building Details

    Year built
    1945
    Floors in Building
    2
    Number of units
    3
    Flooring type
    Concrete, Tile, Carpet
    Building materials
    Aluminum Siding, Stone, Block
    Roof type
    Rolled Hot Mop, Composition, Shingle
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Ann E Cappellini
    Ann E Cappellini

    Listing agent Ann E Cappellini License #AB045764A

    Listing office REALTY NETWORK GROUP 222 NORTHERN BLVD, Clarks Summit, PA

    Listing date Aug 17, 2025

    MLS# SC254510

    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.

    HighLights

    • Multi‑use property suitable for residence and business.
    • Includes two separate units with kitchen and bathroom facilities, great for multi‑generational living or rental income.
    • Triple lot offers ample space.
    • Unique lower‑level garage with kitchen and bocce court.
    • Multiple parking options available.
    • Diverse heating options.

    Overview

    This multi-use property offers opportunities for investors and owner-occupants. The property includes a residence with 2 separate units, kitchen, and bathroom facilities. The city has it listed as a single-family residence, but it may be used as a large single-family home or for multi-generational living. The property also includes a car repair garage and a lower-level garage with a kitchen and bocce court. The property is situated on a 0.442-acre lot. The property size is 4880 square feet. The sale includes additional parcels: 13416030037 and 13416030038. The total tax bill is $9790.25. The zoning is N City Neigh Mi. Other potential rentals include the car repair garage and the rear bocce court/garage/storage. The property is located in Scranton, PA.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    AJ's Auto Clinic Auto Repair Shop

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • A & N Auto Service — Scranton, PA 18508
    • Fezuks Auto — 416 N Main Ave, Scranton, PA 18504
    • Lou's Service Station — 1501 Lafayette St, Scranton, PA 18504
    • Fezuk's Garage — 416 n main ave, scranton, pa 18504
    • OLIVE STREET AUTOMOTIVE SERVICE — 114 W Olive St, Scranton, PA 18508

    Location Insight

    • Map
    • Local Demand
    City
    Scranton
    County
    Lackawanna
    State
    Pennsylvania
    Longitude
    -75.662695
    Latitude
    41.432282

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    FAQs

    What type of property is this?
    Auto shop - Multi-use property with residence, car repair garage, and bocce court.
    Where is this auto shop located?
    The property is located at 1430 N Main Avenue 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: Multi‑use property suitable for residence and business.; Includes two separate units with kitchen and bathroom facilities, great for multi‑generational living or rental income.; Triple lot offers ample space.
    (570) 575-2333
    We can help!
    Listing Contact
    Ann E Cappellini
    Ann E Cappellini
    Real Estate License ID: AB045764A
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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