Second-Floor Office
For Lease
$1,600/Mo
201-240 Penn Ave, Scranton, PA 18503
Second-floor office suite for lease within the Needle Law Building, with elevator access and shared restrooms.
Property Size1,500 SF
Days on Market190
Property Features for 201-240 Penn Ave
General Information
Standard status
Active
Size
1,500 SF
Amenities
elevator access
common area restrooms
Listing Agency:
Hibble Harris Real Estate, Inc
(570) 815-1861
Listed By:
Charles Hibble · License #RM425364
(570) 815-1861
Source:
Exprealty
Added: Jan 22
Changed: Jul 25
Last Checked: Jul 31 at 6:21PM
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 Hibble Harris Real Estate, Inc
Investment Insights
Based on property information with market context.
Available for lease is an approximately 1,500-square-foot office suite located on the 2nd floor of the Needle Law Building in Historic Downtown Scranton. The space is served by elevator access and includes well-maintained common area restrooms, offering a professional in-building atmosphere.
The suite is positioned on Penn Avenue, with access to downtown amenities including restaurants, courts, and other business services.
The layout is suited to a range of office uses, including professional offices, medical practice space, law firms, and consulting or administrative operations.
The suite is positioned on Penn Avenue, with access to downtown amenities including restaurants, courts, and other business services.
The layout is suited to a range of office uses, including professional offices, medical practice space, law firms, and consulting or administrative operations.
Key Highlights
- Approximately 1,500 SF second‑floor office suite for lease in the Needle Law Building on Penn Avenue
- Elevator access to the 2nd floor
- Well‑maintained common area restrooms in the building
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.92 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,147
Businesses Nearby
Explore this area
Business Placement
Demographics for 18503, PA
1,792
Population
1,051
Households
1.7
Avg Household Size
44
Median Age
40%
College-Educated
89%
High-School Grad
0.5 sq mi
ZIP Area
3,584
Density / Sq Mi
$40,214
Median Household Income
$27,863
Median Earnings
$933
Median Rent
$259,400
Median Home Value
Market
Lease Benchmarks for Scranton, PA
$14.3 /SF/Yr
Avg Asking Price
$11.41–$17.1 /SF/Yr
Price Range
2,282 SF
Avg Space Size
This space is priced 10% below the average of $14.3 /SF/Yr.
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office units - Second-floor office suite for lease within the Needle Law Building, with elevator access and shared restrooms.
Where is this office units located?
The property is located at 201-240 Penn Ave Scranton, PA.
What is the lease rate?
The lease rate is $1,600 /Mo.
What are key features of this property?
This property features: Approximately 1,500 SF second‑floor office suite for lease in the Needle Law Building on Penn Avenue; Elevator access to the 2nd floor; Well‑maintained common area restrooms in the building
