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Mixed-Use Building with Storefront

615-617 Charles Street, Throop, PA 18512

For Sale
$650,000

The property combines a commercial storefront, updated apartments, and two garages.

Property Size8,415 SF
Days on Market196

Property Features for 615-617 Charles Street

General Information

Standard status Active
Size 8,415 SF
Property subtype Mixed Use
Occupancy 100%

Additional Details

Gross Income $85,000
Mixed-Use Components retail, residential
Multifamily Units 3
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $5,968

Building Details

Building Size 8,415 SF
Year Built 1960
Buildings 1
Tenancy Multi
Listing Agency: Levy Realty Group
Listed By: MICHAEL TIGHE · License PA RS278360
Source: Luxehomesnepa
Added: Apr 28 Changed: Nov 8 Last Checked: Nov 8 at 4:18PM

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 Levy Realty Group

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Investment Insights

Based on property information with market context.

Built in 1960, this mixed-use property includes one commercial storefront, three residential apartments, and two garages. The apartments have updated kitchens, bathrooms, and mechanical systems. The building is fully occupied.

Key Highlights

  • One commercial storefront and three residential apartments
  • Two garages provide additional on‑site space
  • Apartments feature updated kitchens, bathrooms, and mechanical systems

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Plumbing Service Furniture & Home Goods Grocery & Convenience Store

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

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

56
Businesses Nearby

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

Market

Average Price Trend$/SF for Mixed-use properties in Lackawanna County, PA

$74.16 Jul
$106 Aug
$107 Sep
$105 Oct

Properties on Market for Mixed-use properties in Lackawanna County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The property combines a commercial storefront, updated apartments, and two garages.
Where is this mixed-use property located?
The property is located at 615-617 Charles Street Throop, PA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: One commercial storefront and three residential apartments; Two garages provide additional on‑site space; Apartments feature updated kitchens, bathrooms, and mechanical systems
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