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Two-Building Office Property
For Sale
$299,900

8 & 12 W Olive Street, Scranton, PA 18508

Residential Income, Scranton, PA

Property Size5,472 SF
Lot Size0.08 Acres
Price / SF$54.81
Days on Market47

Property Features for 8 & 12 W Olive Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Commercial
Bedrooms 10
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 2, Bathroom 2, Bedroom 7, Bathroom 1, Bathroom 5, Bedroom 1, Bathroom 4, Bedroom 8, Basement, Bedroom 9, Bedroom 6, Bathroom 3, Bedroom 5, Bedroom 3, Bedroom 4, Bedroom 10
Basement Unfinished
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 0.08 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 30X120 W-07 B-0040 L-0070 P-00200
Tax Annual Amount 5256
Legal Description 30X120 W-07 B-0040 L-0070 P-00200

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: Jul 22 Changed: Sep 3 Last Checked: Sep 6 at 8:06AM
MLS# SC263586

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.

This commercial property includes two separate buildings on individually deeded parcels, totaling approximately 5,472 square feet on 0.08 acres. Constructed in 1930, the improvements were previously used for community and office functions. The configuration may support continued professional office use, nonprofit or educational occupancy, community services, residential conversion, or other redevelopment, subject to applicable approvals.

The property is located at 8 & 12 W Olive Street along a corridor leading toward Downtown Scranton. It sits across the Lackawanna River from the Heritage Trail Pavilion and Scranton High School, with Geisinger Commonwealth School of Medicine, the University of Scranton, hospitals, and other employment centers a few blocks away. Interstate 81 and Downtown Scranton are minutes from the site. The property is in an AE Flood Zone and includes tax parcels 14516020003 and 14516020004.

Key Highlights

  • Two buildings totaling approximately 5,472 square feet
  • 0.08‑acre property on two separately deeded parcels
  • Commercial zoning with office and community facility 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
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Frequently Asked Questions

What type of property is this?
Office building - Commercially zoned asset comprising separate structures on two deeded parcels with flexible office and redevelopment potential.
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 $299,900.
What are key features of this property?
This property features: Two buildings totaling approximately 5,472 square feet; 0.08‑acre property on two separately deeded parcels; Commercial zoning with office and community facility history
More about this property
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