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Mixed-Use Building with Storefront
For Sale
$325,000

702 Prospect Avenue, Scranton, PA 18505

Multi-Family, Scranton, PA

Property Size4,400 SF
Lot Size0.08 Acres
Price / SF$73.86
Days on Market48

Property Features for 702 Prospect Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi-Family
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bedroom 3, Bathroom 2, Basement, Bedroom 6, Bathroom 3, Bedroom 1, Bedroom 2, Bathroom 4, Bedroom 5, Bedroom 4
Exterior features Aluminum, Brick
Basement Partially Finished, Unfinished
Directions Pittston Ave to Willow St. Corner of Willow St and Prospect Ave.
Subdivision Misc Out of County
Standard status Active
APN 15620020033
Size 4,400 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description Washer & Dryer. Personal Property.
Tax Annual Amount 5005
Legal Description Washer & Dryer. Personal Property.

Utilities

Heating system Forced Air, Baseboard, Electric (Heating)
Cooling system Central Air
Water source Public

Amenities

central air

Building Details

Year built 1920
Roof type Shingle, Rubber
Listing Agency: Christian Saunders Real Estate
Listed By: Adriano Torres Herasme
Added: Jul 24 Changed: Sep 6 Last Checked: Sep 9 at 6:06PM
MLS# 26-3634

Copyright © 2026 Luzerne County Association of REALTORS®. 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 contains 4,400 square feet within a 0.0803-acre parcel. The first level includes a commercial storefront with central air, while the residential component consists of two updated apartments. The lower apartment has two bedrooms, and the upper apartment provides four bedrooms.

Built in 1920, the building has brick and aluminum exterior finishes, shingle and rubber roofing, and a basement. Heating is provided by forced air, baseboard, and electric systems. The property is served by public water and carries Multi-Family zoning.

Key Highlights

  • 4,400‑square‑foot mixed‑use building on a 0.0803‑acre parcel
  • Commercial storefront with central air on the first level
  • Two updated apartments with two- and four‑bedroom layouts

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Corner property combining a commercial storefront with two updated residential apartments.
Where is this mixed-use property located?
The property is located at 702 Prospect Avenue 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‑square‑foot mixed‑use building on a 0.0803‑acre parcel; Commercial storefront with central air on the first level; Two updated apartments with two- and four‑bedroom layouts
More about this property
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