For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Scranton Office/Retail Building For Sale Title is generated by Realmo AI

    7 Oakwood Drive, Scranton, PA 18504

    View on Map
    Claim this Listing
    For Sale
    $699,000

    SINGLE_FAMILY - Scranton, PA

    Type:Office
    Property size:
    3,000 SF
    Lot size:
    0.51 Acres
    Price / SF:
    $233/SF
    Added:
    May 18, 2026
    Days on Market:
    47
    Last Refresh:
    Jul 3 at 12:06 am

    Property Features for 7 Oakwood Drive

    General Information

    Property type
    Residential
    Property subtype
    Office
    Zoning
    C-01
    Parking
    20
    Standard status
    Active
    APN
    1340101002508
    Size
    3,000 SF
    Lot size
    0.51 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    0.509A Oakwood Estates L C-8 Ph II W-03
    Tax Annual Amount
    13710

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2006
    Floors in Building
    1
    Number of units
    2

    We can help!

    Contact an agent
    Jim Nasser

    Listing agent Jim Nasser License #AB065869

    Listing office NASSER REAL ESTATE, INC. 304 N. Main Ave., Scranton, PA

    Listing date May 18, 2026

    MLS# SC262264

    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.

    HighLights

    • Ample paved parking available.
    • Convenient location just off Keyser Ave.
    • Functional layout suitable for 2 units (with separate utilities) or one large unit.
    • Right side unit is plumbed for a hair salon.
    • Ideal for medical space, professional offices, or many other commercial uses.
    • Built in 2006 with forced air natural gas heating and central air cooling.

    Overview

    This modern office/retail building, situated just off Keyser Ave in Scranton, PA, features ample paved parking. The property offers a functional layout suitable for either two separate units, each with independent utilities, or a single, larger unit. The right-side unit is plumbed for a hair salon. The 3,000 square feet property on a 0.509-acre lot is zoned C-01 and is ideal for medical space, professional offices, or various other commercial uses.

    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 (±1% cap)
    NOI $38,552 @ 7.0% cap · market cap 5.52%
    Second Best
    Healthcare Medical
    $505.4K
    $442.2K – $589.6K (±1% cap)
    NOI $35,378 @ 7.0% cap · market cap 5.06%
    Theoretical Best
    Office A
    $761.5K
    $666.3K – $888.4K (±1% cap)
    NOI $53,302 @ 7.0% cap · market cap 7.63%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Main Office Corporate Office Kriger Construction Co Construction Company

    Suggested Use

    Real Estate Agency Law Firm Dental Office Kitchen & Bath Showroom Gym & Fitness Center HVAC Service Accounting Firm Cafe & Coffee Shop Electrical Service Clothing & Fashion Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Scranton
    County
    Lackawanna
    State
    Pennsylvania
    Longitude
    -75.681231
    Latitude
    41.439577

    FAQs

    What type of property is this?
    Office units - Modern building near Keyser Ave, suitable for various commercial uses.
    Where is this office units located?
    The property is located at 7 Oakwood Drive Scranton, PA.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: Ample paved parking available.; Convenient location just off Keyser Ave.; Functional layout suitable for 2 units (with separate utilities) or one large unit.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message