Retail
For Sale
Contact for pricing
200 N MAIN AVENUE, Scranton, PA 18504
The commercial interior offers a flexible footprint for a range of business operations.
Property Size1,000 SF
Price / SF$2.00
Days on Market11
Property Features for 200 N MAIN AVENUE
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Commercial
Building Details
Year Built
1990
Listing Agency:
VORO Keystone, LLC
(877) 943-8676
Listed By:
Daniel Katz
(570) 209-9195
Source:
Cummingsrealtors
Added: Oct 15
Changed: Oct 25
Last Checked: Oct 24 at 5:23PM
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 VORO Keystone, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,000-square-foot retail space dates to 1990 and is positioned along N. Main Avenue in Scranton. Its interior previously served as a restaurant, providing a commercial setting that can be adapted for another business use.
The property is in West Scranton, in an area identified as having high traffic. The address is 200 N. Main Avenue.
The property is in West Scranton, in an area identified as having high traffic. The address is 200 N. Main Avenue.
Key Highlights
- 1,000 square feet of commercial space
- Built in 1990
- Located in West Scranton on N. Main Avenue
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,398
Suggested Prices Based on Cap Rates
Cap Rate 5%
$187,960
$188.0K
Cap Rate 7%
$134,257
$134.3K
Cap Rate 9%
$104,422
$104.4K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$15.0K $15.00/SF
− Vacancy
−$1.6K −$1.58/SF
EGI
$13.4K $13.43/SF
− OpEx
−$4.0K −$4.03/SF
NOI
$9.4K $9.40/SF
Area
Lackawanna County, PA
Vacancy
10.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$187,960
Cap Rate 7%
$134,257
Cap Rate 9%
$104,422
Alternative Uses
Best Use
Retail
$134.3K
$117.5K – $156.6K
NOI $9,398 @ 7.0% cap · market cap 469.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$253.8K
$222.1K – $296.1K
NOI $17,767 @ 7.0% cap · market cap 888.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,052
Businesses Nearby
109k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 89%
Dining 11%
Sheetz
Shops & Services
45,486 visits/mo
0.5 miles
Arby's
Dining
12,055 visits/mo
0.5 miles
Sunoco
Shops & Services
7,406 visits/mo
0.3 miles
Sunoco
Shops & Services
6,009 visits/mo
0.3 miles
Family Dollar
Shops & Services
5,893 visits/mo
0.2 miles
Demographics for 18504, PA
21,267
Population
10,017
Households
2.1
Avg Household Size
40
Median Age
20%
College-Educated
87%
High-School Grad
10.2 sq mi
ZIP Area
2,085
Density / Sq Mi
$52,542
Median Household Income
$38,439
Median Earnings
$970
Median Rent
$144,200
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - The commercial interior offers a flexible footprint for a range of business operations.
Where is this retail space located?
The property is located at 200 N MAIN AVENUE Scranton, PA.
What are key features of this property?
This property features: 1,000 square feet of commercial space; Built in 1990; Located in West Scranton on N. Main Avenue
