Two-Building Office
For Sale
$314,900
8 & 12 W Olive Street, Scranton, PA 18508
Two separately deeded parcels provide a flexible commercial configuration near educational, healthcare, and employment centers.
Property Size5,472 SF
Price / SF$57.55
Days on Market10
Property Features for 8 & 12 W Olive Street
General Information
Standard status
Active
Size
5,472 SF
Property subtype
Multi Family
Additional Details
Highway Access
Yes
Building Details
Building Size
5,472 SF
Year Built
1930
Buildings
2
Listing Agency:
Christian Saunders Real Estate
(570) 335-0730
Listed By:
Kyle Savage · License #RS340241
Source:
Luxehomesnepa
Added: Jul 22
Changed: Jul 31
Last Checked: Jul 31 at 10:57AM
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.
The property at 8 & 12 W. Olive Street comprises two separate buildings on two separately deeded parcels, with approximately 5,472 square feet of commercial space. Built in 1930, the property was previously utilized as a community and office facility. The configuration may support professional office, nonprofit, educational, community service, mixed-use, residential conversion, or other redevelopment uses, subject to applicable approvals.
Located along a primary corridor leading into Downtown Scranton, the property is across the Lackawanna River from the Heritage Trail Pavilion and Scranton High School. Geisinger Commonwealth School of Medicine, the University of Scranton, major healthcare facilities, Interstate 81, and Downtown Scranton are located within the surrounding area. The property is situated within an AE Flood Zone and includes Tax Parcels 14516020003 and 14516020004.
Located along a primary corridor leading into Downtown Scranton, the property is across the Lackawanna River from the Heritage Trail Pavilion and Scranton High School. Geisinger Commonwealth School of Medicine, the University of Scranton, major healthcare facilities, Interstate 81, and Downtown Scranton are located within the surrounding area. The property is situated within an AE Flood Zone and includes Tax Parcels 14516020003 and 14516020004.
Key Highlights
- Approximately 5,472 square feet of commercial space across two separate buildings
- Two separately deeded parcels: Tax Parcels 14516020003 and 14516020004
- Built in 1930; previously utilized as a community and office facility
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,003
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Two separately deeded parcels provide a flexible commercial configuration near educational, healthcare, and employment centers.
Where is this office units 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: Approximately 5,472 square feet of commercial space across two separate buildings; Two separately deeded parcels: Tax Parcels 14516020003 and 14516020004; Built in 1930; previously utilized as a community and office facility
