Medical Office Building on
397 N 9th Avenue Scranton, PA 18504
397 N 9th Avenue, Scranton, PA, 18504
$549,000
For Sale
$549,000
SINGLE_FAMILY - Scranton, PA
Property Size3,000 SF
Lot Size0.66 Acres
Price / SF$183
Days on Market277
Property Features for 397 N 9th Avenue
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- HC
- Exterior features
- Lighting, Rain Gutters
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- 14518080001
- Size
- 3,000 SF
- Lot size
- 0.66 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- 148X195 W-14 B-021 L-038A P-048
- Tax Annual Amount
- 6832
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1980
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl, Tile - Ceramic
- Building materials
- Brick, Wood Siding
- Roof type
- Rubber
Listing Agency
Coldwell Banker Town & Country Properties
(570) 586-9636
651 Northern Blvd., Clarks Summit, PA
Listed by
Charles Ulmer · License #RS359934
(570) 575-9093
Added: Oct 15, 2025 Checked: Jul 18 at 9:06 pm
MLS# SC255363
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.
Investment Insights
Based on property information with market context.
Modern medical office building available for sale or lease with seven exam rooms/offices, a reception area, and three restrooms, including ADA-compliant facilities. The property was refreshed in 2020 and includes a 400-amp electrical system (dual 200A panels) designed to support medical or technical operations.
Located on a high-visibility corner at 397 N 9th Avenue in Scranton, with frontage on Lackawanna Avenue and 9th Avenue. The building sits across from Kost Tire and provides 20+ dedicated parking spaces.
With its move-in ready interior layout and dedicated parking, the building is suited to healthcare, rehabilitation, dental, or professional office uses under HC zoning.
Located on a high-visibility corner at 397 N 9th Avenue in Scranton, with frontage on Lackawanna Avenue and 9th Avenue. The building sits across from Kost Tire and provides 20+ dedicated parking spaces.
With its move-in ready interior layout and dedicated parking, the building is suited to healthcare, rehabilitation, dental, or professional office uses under HC zoning.
Key Highlights
- 3,000 SF medical office building at the corner of Lackawanna Avenue and 9th Avenue
- Seven exam rooms/offices plus a reception area and three restrooms, including ADA‑compliant
- 20+ dedicated parking spaces
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $60.1k | $20.04 |
| − Vacancy | −$8.7k | −$2.91 |
| EGI | $51.4k | $17.13 |
| − OpEx | −$12.9k | −$4.28 |
| NOI | $38.6k | $12.85 |
3,000 SF · lease $20.04/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$550.7K
$481.9K – $642.5K
NOI $38,552 @ 7.0% cap · market cap 7.02%
Second Best
Healthcare Medical
$505.4K
$442.2K – $589.6K
NOI $35,378 @ 7.0% cap · market cap 6.44%
Theoretical Best
Office A
$761.5K
$666.3K – $888.4K
NOI $53,302 @ 7.0% cap · market cap 9.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Michael J Turock ...
Medical Clinic
Ellen Linde
Physician
CleanSlate Outpatient Addiction ...
Medical Clinic
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FAQs
What type of property is this?
Medical center - Modern medical office building with seven exam rooms, multiple restrooms, and 20+ dedicated parking spaces.
Where is this medical center located?
The property is located at 397 N 9th Avenue Scranton, PA.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 3,000 SF medical office building at the corner of Lackawanna Avenue and 9th Avenue; Seven exam rooms/offices plus a reception area and three restrooms, including ADA‑compliant; 20+ dedicated parking spaces
