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Two-Story Office Building
New
For Sale
$119,900

8 W Olive Street, Scranton, PA 18508

A multi-room interior includes shared areas, bathrooms, and a kitchen on the upper level.

Property Size2,856 SF
Price / SF$41.98
Days on Market7

Property Features for 8 W Olive Street

General Information

Standard status Active
Size 2,856 SF
Property subtype Multi Family

Property Condition

Severity Repairs Needed
Evidence requires renovation

Additional Details

Condition Needs Renovation
Highway Access Yes

Taxes and HOA fees

Annual Taxes $2,078

Building Details

Building Size 2,856 SF
Year Built 1910
Buildings 1
Stories 2
Listing Agency: Christian Saunders Real Estate
Listed By: Kyle Savage · License #RS340241
Source: Luxehomesnepa
Added: Oct 27 Changed: Nov 1 Last Checked: Nov 1 at 4:10PM

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

Rey
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Investment Insights

Based on property information with market context.

This two-story office building contains 2,856 square feet, with multiple private rooms, shared areas, bathrooms, and a second-floor kitchen. Built in 1910, the property requires renovation. Its existing layout is organized across two floors.

The building is on a main route into Downtown Scranton, across the river from the Lackawanna River Heritage Trail pavilion and Scranton High School. Geisinger Commonwealth School of Medicine, healthcare facilities, and the University of Scranton are a few blocks away. Access to Downtown Scranton and Interstate 81 is also noted.

The property may be purchased on its own or with the adjoining 12 W Olive Street building, which would bring the combined total to approximately 5,472 square feet across two separately deeded parcels. Any use or redevelopment would be subject to zoning and municipal approvals.

Key Highlights

  • 2,856‑square‑foot building constructed in 1910
  • Two floors with multiple rooms, shared areas, bathrooms, and a second‑floor kitchen
  • Requires renovation

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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
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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

Frequently Asked Questions

What type of property is this?
Office building - A multi-room interior includes shared areas, bathrooms, and a kitchen on the upper level.
Where is this office building located?
The property is located at 8 W Olive Street Scranton, PA.
What is the asking price?
The asking price for this property is $119,900.
What are key features of this property?
This property features: 2,856‑square‑foot building constructed in 1910; Two floors with multiple rooms, shared areas, bathrooms, and a second‑floor kitchen; Requires renovation
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