Restaurant with Two-Level
New
For Sale
$295,000
625 Pittston Avenue, Scranton, PA 18505
Commercial Sale, Scranton, PA
Property Size1,220 SF
Lot Size0.13 Acres
Price / SF$241.80
Days on Market2
Property Features for 625 Pittston Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C1
Elementary school district
Scranton
Middle school district
Scranton
High school district
Scranton
Directions
Pittston Ave between Alder St & Willow St (Sign)
Standard status
Active
APN
15616030023
Size
1,220 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
3530
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Wall Unit(s)
Water source
Public
Amenities
high ceiling dining area
Building Details
Year built
1965
Floors in Building
1
Number of units
1
Building materials
Frame
Listing Agency:
NASSER REAL ESTATE, INC.
(570) 342-4115
Listed By:
Jim Nasser · License #AB065869
(570) 309-8799
Added: Oct 13
Last Checked: Oct 14 at 4:06AM
MLS# SC265151
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 1,220-square-foot restaurant at 625 Pittston Avenue includes a dining area with high ceilings, a commercial kitchen, and two restrooms. Appliances, kitchen equipment, and furnishings are part of the sale. The property also has a two-level patio and paved parking behind the building.
The 0.13-acre site is zoned C1. Built in 1965, the frame building has electric heat, wall-unit cooling, and public water and sewer service. Downtown Scranton is a short drive away.
The 0.13-acre site is zoned C1. Built in 1965, the frame building has electric heat, wall-unit cooling, and public water and sewer service. Downtown Scranton is a short drive away.
Key Highlights
- 1,220‑square‑foot restaurant on a 0.13‑acre site
- Two‑level patio and paved parking at the rear
- Commercial kitchen with appliances and equipment included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,149
Cap Rate
4.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$262,980
$263.0K
Cap Rate 7%
$187,843
$187.8K
Cap Rate 9%
$146,100
$146.1K
Market Conditions
NOI Build-Up for 1,220 SF
Gross rent
$18.3K $15.00/SF
− Vacancy
−$769 −$0.63/SF
EGI
$17.5K $14.37/SF
− OpEx
−$4.4K −$3.59/SF
NOI
$13.1K $10.78/SF
Area
Lackawanna County, PA
Vacancy
4.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$262,980
Cap Rate 7%
$187,843
Cap Rate 9%
$146,100
Alternative Uses
Best Use
Specialty Retail
$187.8K
$164.4K – $219.2K
NOI $13,149 @ 7.0% cap · market cap 4.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$309.7K
$271.0K – $361.3K
NOI $21,676 @ 7.0% cap · market cap 7.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,362
Businesses Nearby
139k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 63%
Shops & Services 27%
Groceries 5%
Electronics 3%
McDonald's
Dining
39,843 visits/mo
0.4 miles
Krispy Kreme Doughnuts
Dining
25,187 visits/mo
0.5 miles
Dollar Tree
Shops & Services
12,303 visits/mo
0.4 miles
Popeyes Louisiana Kitchen
Dining
12,044 visits/mo
0.4 miles
Dunkin' Donuts
Dining
10,610 visits/mo
0.4 miles
Demographics for 18505, PA
20,982
Population
9,996
Households
2.1
Avg Household Size
39
Median Age
26%
College-Educated
87%
High-School Grad
8.8 sq mi
ZIP Area
2,384
Density / Sq Mi
$52,599
Median Household Income
$34,155
Median Earnings
$954
Median Rent
$139,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Dining, kitchen, furnishings, and equipment are included in this Scranton restaurant offering.
Where is this conventional restaurant located?
The property is located at 625 Pittston Avenue Scranton, PA.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 1,220‑square‑foot restaurant on a 0.13‑acre site; Two‑level patio and paved parking at the rear; Commercial kitchen with appliances and equipment included
