Mixed-Use Property with Auto
For Sale
$379,900
619 621 Mineral Avenue, Scranton, PA 18509
COMMERCIAL - Scranton, PA
Property Size1,077 SF
Lot Size0.17 Acres
Price / SF$352.74
Days on Market51
Property Features for 619 621 Mineral Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
I-L
Parking
20
Parking features
Parking Lot, Garage, Off Street, Open
Security features
Security Lighting
Exterior features
Lighting, Storage, Smart Camera(s)/Recording, Rain Gutters
Lot features
Level, Paved
Elementary school district
Scranton
Middle school district
Scranton
High school district
Scranton
Directions
From Capouse Avenue turn onto West Olive Street, go under bridge, pass Barrett Court take next right onto Mineral Street. Go one block to Silex St. Property will be on your left at corner.
Standard status
Active
APN
14516030009
Size
1,077 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
60X120 Bldg & Land W-07 B-0060 L-013A P-01800
Tax Annual Amount
4381
Legal Description
60X120 Bldg & Land W-07 B-0060 L-013A P-01800
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Wall Furnace, Forced Air, Pellet Stove, Natural Gas
Cooling system
Window Unit(s)
Water source
Public
Amenities
pellet stove
overhead garage heater
office
full bathroom
half bathroom
laundry
eat-in kitchen
Building Details
Year built
1950
Floors in Building
1
Number of units
1
Flooring type
Linoleum, Concrete
Building materials
Block, Concrete, Vinyl Siding
Roof type
Shingle, Asphalt
Additional Structures
Storage
Listing Agency:
C21 Jack Ruddy Real Estate · Century 21 Real Estate
(570) 344-6724
Listed By:
James W Gilhooley · License #RS373019
(570) 780-0725
Added: Jun 17
Changed: Aug 4
Last Checked: Aug 6 at 2:06AM
MLS# SC262866
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.
This mixed-use property combines a rented automotive garage with two fully occupied apartments. The garage includes an office, a separate full bathroom, a half bathroom in the service area, and one bay sized for two automobiles. A Bishamon overhead automobile power lift serves one bay. Heating includes forced air, a wall furnace, a pellet stove, and an overhead garage heater. The property also has lighting, storage, smart camera recording, and rain gutters.
The residential component includes a 676-square-foot one-bedroom, one-bath apartment with laundry and an eat-in kitchen, plus a 678-square-foot two-bedroom, one-bath apartment with a laundry room and eat-in kitchen. A detached aluminum garage provides capacity for 4 automobiles. Both apartments and the commercial garage are rented to long-term tenants. The property is zoned I-L, occupies 0.17 acres, and was built in 1950. Public water and public sewer serve the property.
The residential component includes a 676-square-foot one-bedroom, one-bath apartment with laundry and an eat-in kitchen, plus a 678-square-foot two-bedroom, one-bath apartment with a laundry room and eat-in kitchen. A detached aluminum garage provides capacity for 4 automobiles. Both apartments and the commercial garage are rented to long-term tenants. The property is zoned I-L, occupies 0.17 acres, and was built in 1950. Public water and public sewer serve the property.
Key Highlights
- Two fully rented apartments: 676 SF one‑bedroom and 678 SF two‑bedroom units
- Rented commercial garage with office, full bathroom, half bathroom, and one bay for two automobiles
- Bishamon overhead automobile power lift installed in one garage bay
Financial Insights For Mixed Use
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 | $19.4k | $18.00 |
| − Vacancy | −$1.9k | −$1.80 |
| EGI | $17.4k | $16.20 |
| − OpEx | −$6.5k | −$6.07 |
| NOI | $10.9k | $10.13 |
1,077 SF · lease $18.00/SF/yr · vacancy 10.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$155.8K
$136.3K – $181.8K
NOI $10,905 @ 7.0% cap · market cap 2.87%
Second Best
Retail
$144.6K
$126.5K – $168.7K
NOI $10,121 @ 7.0% cap · market cap 2.66%
Theoretical Best
Office A
$273.4K
$239.2K – $318.9K
NOI $19,135 @ 7.0% cap · market cap 5.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Service bays
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,003
Businesses Nearby
Explore this area
Business Placement
Demographics for 18509, PA
13,720
Population
6,017
Households
2.3
Avg Household Size
39
Median Age
28%
College-Educated
90%
High-School Grad
3.0 sq mi
ZIP Area
4,573
Density / Sq Mi
$52,206
Median Household Income
$31,657
Median Earnings
$991
Median Rent
$176,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two rented apartments complement an active automotive garage with office space, bathrooms, and vehicle storage.
Where is this mixed-use property located?
The property is located at 619 621 Mineral Avenue Scranton, PA.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: Two fully rented apartments: 676 SF one‑bedroom and 678 SF two‑bedroom units; Rented commercial garage with office, full bathroom, half bathroom, and one bay for two automobiles; Bishamon overhead automobile power lift installed in one garage bay
