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Mixed-Use Property with Storefront
New
For Sale
$200,000

1501 1503 N Lincoln Avenue, Scranton, PA 18508

Commercial Sale, Scranton, PA

Property Size6,384 SF
Lot Size0.29 Acres
Price / SF$31.33
Days on Market2

Property Features for 1501 1503 N Lincoln Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning R-8
Zoning description Commercial
Parking 20
Parking features Off Street, Alley
Elementary school district Scranton
Middle school district Scranton
High school district Scranton
Directions Corner of N Lincoln and Clearview St huge double lot. Park in back on gravel
Standard status Active
APN 13411050027
Size 6,384 SF
Lot size 0.29 Acres

Additional Details

Mixed-Use Components residential, retail
Individually Metered Utilities electricity

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 7115

Building Details

Year built 1940
Floors in Building 2
Number of units 6
Listing Agency: Iron Valley Real Estate Greater Scranton
Listed By: Jennifer Golden
Added: Oct 24 Last Checked: Oct 25 at 5:06PM
MLS# SC265379

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.

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Investment Insights

Based on property information with market context.

This 6,384-square-foot mixed-use property contains five apartments and a storefront. The storefront has been vacant for an extended period. Most apartments have laundry hookups, and the property has separate electric heat. Built in 1940, the building is zoned R-8 and is currently condemned.

The 0.29-acre parcel is across from Neil Armstrong Elementary School in North Scranton. Off-street parking and access from the rear alley are listed among the property features.

Key Highlights

  • Five apartments and one storefront
  • 6,384 square feet on a 0.29‑acre parcel
  • R‑8 zoning; built in 1940

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Skin Care Clinic Electrical Service Computer & Electronic Repair

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

5
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

721
Businesses Nearby

Demographics for 18508, PA

11,664
Population
5,466
Households
2.1
Avg Household Size
40
Median Age
18%
College-Educated
90%
High-School Grad
6.8 sq mi
ZIP Area
1,715
Density / Sq Mi
$44,706
Median Household Income
$31,055
Median Earnings
$1,034
Median Rent
$120,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Five apartments share the property with a storefront, separate electric heat, and alley access.
Where is this mixed-use property located?
The property is located at 1501 1503 N Lincoln Avenue Scranton, PA.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Five apartments and one storefront; 6,384 square feet on a 0.29‑acre parcel; R‑8 zoning; built in 1940
More about this property
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