CN-Zoned Live-Work
For Sale
$185,000
603 E Drinker Street, Dunmore, PA 18512
Commercial Sale, Dunmore, PA
Property Size1,496 SF
Lot Size0.28 Acres
Price / SF$123.66
Days on Market46
Property Features for 603 E Drinker Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CN
Lot features
Back Yard
Elementary school district
Dunmore School District
Middle school district
Dunmore School District
High school district
Dunmore School District
Directions
Great location in the heart of Dunmore! with easy access from US Route 81, Blakely St.US Rt 81 to E Drinker StZoned CN with Mixed use for many commercial applications. Contact borough
Standard status
Active
APN
14644020040
Size
1,496 SF
Lot size
0.28 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
50X245x50x238 Bldg & Land W-01 B-0410 L-0040 P-01100
Tax Annual Amount
3501
Legal Description
50X245x50x238 Bldg & Land W-01 B-0410 L-0040 P-01100
Utilities
Heating system
Steam, Natural Gas
Building Details
Year built
1900
Floors in Building
2
Number of units
1
Listing Agency:
REALTY NETWORK GROUP
(570) 585-6880
Listed By:
Ann E Cappellini
(570) 575-2333
Added: Sep 6
Changed: Oct 20
Last Checked: Oct 21 at 1:06AM
MLS# SC265273
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 1,496-square-foot live-work property was built in 1900 and is heated by natural gas and steam. Its zoning designation is CN, and the property combines residential space with potential for business use. Confirm proposed uses with the borough.
The parcel measures 0.28 acres and extends 245 feet back.
The parcel measures 0.28 acres and extends 245 feet back.
Key Highlights
- 1,496 square feet of property space
- 0.28‑acre parcel
- CN zoning designation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,147
Cap Rate
8.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,940
$302.9K
Cap Rate 7%
$216,386
$216.4K
Cap Rate 9%
$168,300
$168.3K
Market Conditions
NOI Build-Up for 1,496 SF
Gross rent
$26.9K $18.00/SF
− Vacancy
−$2.7K −$1.80/SF
EGI
$24.2K $16.20/SF
− OpEx
−$9.1K −$6.07/SF
NOI
$15.1K $10.13/SF
Area
Lackawanna County, PA
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,940
Cap Rate 7%
$216,386
Cap Rate 9%
$168,300
Alternative Uses
Best Use
Office B
$274.6K
$240.3K – $320.4K
NOI $19,225 @ 7.0% cap · market cap 10.39%
Second Best
Mixed Use
$216.4K
$189.3K – $252.5K
NOI $15,147 @ 7.0% cap · market cap 8.19%
Theoretical Best
Office A
$379.7K
$332.3K – $443.0K
NOI $26,580 @ 7.0% cap · market cap 14.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
797
Businesses Nearby
Explore this area
Business Placement
Demographics for 18512, PA
12,081
Population
6,272
Households
1.9
Avg Household Size
44
Median Age
29%
College-Educated
92%
High-School Grad
11.3 sq mi
ZIP Area
1,069
Density / Sq Mi
$63,097
Median Household Income
$43,249
Median Earnings
$927
Median Rent
$173,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Live-work space - Residential space is paired with potential for business use, subject to confirmation of permitted uses with the borough.
Where is this live-work space located?
The property is located at 603 E Drinker Street Dunmore, PA.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: 1,496 square feet of property space; 0.28‑acre parcel; CN zoning designation
