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Corner Mixed-Use Building
For Sale
$325,000

702 Prospect Ave, Scranton, PA 18505

Commercial storefront with central air and two updated apartments.

Property Size4,400 SF
Price / SF$73.86
Days on Market44

Property Features for 702 Prospect Ave

General Information

Standard status Active
Size 4,400 SF
Property subtype Multi-Family

Additional Details

Corner Location Yes

Amenities

central air

Building Details

Year Built 1920
Buildings 1
Stories 2
Listing Agency: Christian Saunders Real Estate
Listed By: Adriano Torres Herasme
Source: Nepahousehunt
Added: Jul 19 Changed: Aug 31 Last Checked: Aug 31 at 2:16AM

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 Christian Saunders Real Estate

Investment Insights

Based on property information with market context.

This 4,400 SF mixed-use building combines a commercial storefront with two residential apartments. The storefront includes central air, while the apartments provide a two-bedroom first-floor layout and a four-bedroom second-floor layout. A partially finished basement adds usable interior space.

The property occupies a corner at 702 Prospect Ave in Scranton, Pennsylvania. Improvements include new windows, new flooring, and fresh sheetrock. Separate electric meters serve the building, supporting distinct utility accounting for the commercial and residential components. Built in 1920, the property offers a combination of storefront and apartment space within a single structure.

Key Highlights

  • 4,400 SF mixed‑use building at 702 Prospect Ave
  • Commercial storefront with central air
  • Two updated apartments: 2 bedrooms on the first floor and 4 bedrooms on the second

Property Analytics

Current Use

3 Angels Inc. Religious Bookstore

Suggested Use

Top Pick Locksmith Garden Center Pet Grooming Service Carpet & Flooring Store Home Appliance Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

912
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial storefront with central air and two updated apartments.
Where is this mixed-use property located?
The property is located at 702 Prospect Ave Scranton, PA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 4,400 SF mixed‑use building at 702 Prospect Ave; Commercial storefront with central air; Two updated apartments: 2 bedrooms on the first floor and 4 bedrooms on the second
More about this property
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