Retail Storefront with
For Sale
$750,000
816 Scranton Carbondale Hway, Scranton, PA 18519
Commercial Sale, Scranton, PA
Property Size3,600 SF
Lot Size0.80 Acres
Price / SF$208.33
Days on Market1219
Property Features for 816 Scranton Carbondale Hway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
r2
Zoning description
Commercial
Parking
20
Elementary school district
Mid Valley
Middle school district
Mid Valley
High school district
Mid Valley
Directions
Scranton Carbondale Hway, past the mall on right side after Fridays
Standard status
Active
APN
11303000602
Size
3,600 SF
Lot size
0.80 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
11
Utilities
Sewer type
Public Sewer
Heating system
Baseboard, Electric (Heating)
Cooling system
Central Air
Water source
Public
Amenities
large parking lot
Building Details
Year built
1975
Floors in Building
1
Number of units
1
Flooring type
Vinyl
Building materials
Block
Listing Agency:
REALTY NETWORK GROUP
(570) 585-6880
Listed By:
Ann A Sheroda · License #AB067350
(570) 498-4990
Added: Jun 14, 2023
Changed: Sep 16
Last Checked: Oct 14 at 3:06AM
MLS# 232385
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 3,600-square-foot retail storefront occupies a 0.8-acre parcel and is currently configured for a full-service vape shop. The building was constructed in 1975 with block construction, vinyl flooring, baseboard and electric heating, central air, and ceiling heights ranging from 9' to 12'. The property includes a large parking lot and accommodates retail operations with a product selection described as 500 flavors.
Located along Business Rt 6, the site offers access on and off the roadway. Public water and public sewer serve the property. The zoning is identified as r2, providing an additional land-use reference for review by prospective purchasers.
Located along Business Rt 6, the site offers access on and off the roadway. Public water and public sewer serve the property. The zoning is identified as r2, providing an additional land-use reference for review by prospective purchasers.
Key Highlights
- 3,600‑square‑foot retail storefront on a 0.8‑acre parcel
- Located along Business Rt 6 with access on and off the roadway
- Large parking lot included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,831
Cap Rate
4.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$676,620
$676.6K
Cap Rate 7%
$483,300
$483.3K
Cap Rate 9%
$375,900
$375.9K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$54.0K $15.00/SF
− Vacancy
−$5.7K −$1.58/SF
EGI
$48.3K $13.43/SF
− OpEx
−$14.5K −$4.03/SF
NOI
$33.8K $9.40/SF
Area
Lackawanna County, PA
Vacancy
10.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$676,620
Cap Rate 7%
$483,300
Cap Rate 9%
$375,900
Alternative Uses
Best Use
Retail
$483.3K
$422.9K – $563.9K
NOI $33,831 @ 7.0% cap · market cap 4.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$913.7K
$799.5K – $1.07M
NOI $63,962 @ 7.0% cap · market cap 8.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
584
Businesses Nearby
718k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 25%
Apparel 24%
Superstores 23%
Dining 17%
Walmart
Superstores
165,270 visits/mo
0.3 miles
T.J. Maxx
Apparel
59,888 visits/mo
0.0 miles
The Home Depot
Home Improvements & Furnishings
51,753 visits/mo
0.2 miles
Burlington
Apparel
45,592 visits/mo
0.1 miles
Macy's
Apparel
39,576 visits/mo
0.4 miles
Demographics for 18519, PA
5,000
Population
2,672
Households
1.9
Avg Household Size
45
Median Age
26%
College-Educated
86%
High-School Grad
2.4 sq mi
ZIP Area
2,083
Density / Sq Mi
$58,061
Median Household Income
$44,533
Median Earnings
$924
Median Rent
$165,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Storefront property - Retail space with public utilities, central air, and convenient access along Business Rt 6.
Where is this storefront property located?
The property is located at 816 Scranton Carbondale Hway Scranton, PA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 3,600‑square‑foot retail storefront on a 0.8‑acre parcel; Located along Business Rt 6 with access on and off the roadway; Large parking lot included
