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Interconnected Office Buildings
For Sale
$314,900

8 & 12 W Olive Street, Scranton, PA 18508

COMMERCIAL - Scranton, PA

Property Size5,472 SF
Lot Size0.13 Acres
Price / SF$57.55
Days on Market63

Property Features for 8 & 12 W Olive Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Elementary school district Scranton
Middle school district Scranton
High school district Scranton
Directions From Downtown Scranton, take Mulberry Street to the Route 307/Providence Road exit. Bear right at the bottom of the exit ramp onto Providence Road. Continue one block to W. Olive Street and turn left. Property is on the left
Standard status Active
APN 14516020004
Size 5,472 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 30X70 W-07 B-0040 L-006B P-00300
Tax Annual Amount 5256
Legal Description 30X70 W-07 B-0040 L-006B P-00300

Building Details

Year built 1930
Floors in Building 2
Number of units 2
Listing Agency: Christian Saunders Real Estate
Listed By: Kyle Savage · License #RS340241
Added: Jun 19 Changed: Aug 18 Last Checked: Aug 20 at 7:06PM
MLS# SC262917

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.

The property includes two interconnected commercial buildings totaling approximately 5,472 square feet on two separately deeded parcels. Built in 1930, the improvements were formerly used for community and office purposes and offer a flexible footprint for continued office use, educational or community service functions, mixed-use plans, residential conversion, or redevelopment, subject to applicable approvals. The property is zoned Commercial and lies within an AE Flood Zone.

Located at 8 & 12 W Olive Street, the site is near Downtown Scranton, Interstate 81, Scranton High School, the Lackawanna River Heritage Trail pavilion, Geisinger Commonwealth School of Medicine, major healthcare facilities, and the University of Scranton. The surrounding setting includes schools, medical institutions, and employment centers, providing established connectivity within the Scranton area.

Tax parcels 14516020003 and 14516020004 are included in the offering.

Key Highlights

  • Two interconnected buildings totaling approximately 5,472 square feet
  • Two separately deeded parcels included: 14516020003 and 14516020004
  • Commercial zoning with office and community‑use history

Property Analytics

Current Use

Keystone Mission Charitable Organization Food Distribution Center ... Food Bank

Suggested Use

Top Pick Real Estate Agency Garden Center Carpet & Flooring Store Veterinary Clinic Locksmith (Bike/Boat/Book/etc) Store

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

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,003
Businesses Nearby

Demographics for 18508, PA

11,664
Population
5,466
Households
2.1
Avg Household Size
40
Median Age
18%
College-Educated
90%
High-School Grad
6.8 sq mi
ZIP Area
1,715
Density / Sq Mi
$44,706
Median Household Income
$31,055
Median Earnings
$1,034
Median Rent
$120,700
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Commercially zoned property with flexible office and community-oriented space near Downtown Scranton.
Where is this office building located?
The property is located at 8 & 12 W Olive Street Scranton, PA.
What is the asking price?
The asking price for this property is $314,900.
What are key features of this property?
This property features: Two interconnected buildings totaling approximately 5,472 square feet; Two separately deeded parcels included: 14516020003 and 14516020004; Commercial zoning with office and community‑use history
More about this property
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