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Retail/Office Space Available For Lease
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201 N Washington Ave, Scranton, PA 18503

First floor retail or office space available for lease.

Space Size1,512 SF
Days on Market160

Property Features for 201 N Washington Ave

General Information

Standard status Active
Size 1,512 SF
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 201 N Washington Ave Contact us

201 N Washington Ave $15/SF/Yr

Floor
LL
Size
1,512 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
• 1,512 SF+/- Lower Level • Flat Roof • Block / Brick Exterior • On-Street...
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Listing Agency: Mericle Commercial Real Estate Services
Listed By: Albert Guari · License #AB065633
Source: Moodyscre
Added: Mar 26 Changed: Aug 25 Last Checked: Aug 31 at 2:13AM

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 Mericle Commercial Real Estate Services

Investment Insights

Based on property information with market context.

Available for lease is a first-floor retail space situated on the corner of N. Washington Avenue and Biden Street. The property was formerly a Rite Aid store location and is suitable for retail or office use.

Key Highlights

  • First floor retail space available for lease
  • Located on corner of N. Washington and Biden Street
  • Formerly Rite Aid store location

Property Analytics

Current Use

HRT RenewVital Physician Rite Aid Pharmacy Pharmacy Western Union Bank CDReload - Online Bitcoin ... Crypto Atm Amazon Hub Counter ... Postal Service

Suggested Use

Top Pick Real Estate Agency Veterinary Clinic Garden Center Carpet & Flooring Store HVAC Service Locksmith

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

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,200
Businesses Nearby
92k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 51% Shops & Services 33% Groceries 15% Home Improvements & Furnishings 1%
Krispy Kreme Doughnuts Dining
25,187 visits/mo 0.5 miles
Dunkin' Donuts Dining
21,885 visits/mo 0.3 miles
Redner's Warehouse Market Groceries
13,807 visits/mo 0.4 miles
Exxon Shops & Services
8,696 visits/mo 0.3 miles
PNC Bank Shops & Services
7,362 visits/mo 0.2 miles

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

$18.51 /SF/Yr
Avg Asking Price
$14.04–$25 /SF/Yr
Price Range
4,414 SF
Avg Space Size

This space is priced 19% below the average of $18.51 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - First floor retail or office space available for lease.
Where is this retail space located?
The property is located at 201 N Washington Ave Scranton, PA.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: First floor retail space available for lease; Located on corner of N. Washington and Biden Street; Formerly Rite Aid store location
(570) 499-2889 Call to check price and availability
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