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    816 Scranton Carbondale Hwy Scranton, PA 18508

    Sponsored
    For Sale
    $1,500,000

    Turn-key Vape Shop, High Traffic Location

    Property size:
    3,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional, full-service vape business is available for $1,500,000. Located at 816 Scranton Carbondale Hwy, Scranton, PA 18508, this established enterprise boasts 3,600 square feet of retail space in a single-story building constructed in 1975. Situated on a 0.8-acre lot with ample parking, the property enjoys high visibility and accessibility from Business Route 6. The business features over 500 vape flavors and caters to smokers seeking cessation alternatives. The property is zoned for commercial use and is currently vacant, presenting a unique opportunity for immediate occupancy. The asking price equates to $416.67 per square foot. This turnkey operation is ready for a new owner to continue its success. The sale of the business does not include the building. The property's APN is 11303000602. This is a prime opportunity to acquire a profitable, established business in a high-traffic location. The business is located in Lackawanna County.

    Property Features for 816 Scranton Carbondale Hwy

    General Information

    Property type
    Lifestyle centers
    Square Feet
    3,600 SF
    Lot Size
    34,848 SF

    Building Details

    Year Built
    1975
    Buildings
    1
    Stories
    1

    HighLights

    • Tenant‑occupied retail space; business only, building not included.
    • Established vaping and smoke shop business.
    • High‑volume retail operation.
    Property Profile Location Intelligence

    Current Use by Public Records

    VIBE Hemp Market Vitamin & Supplements Store Vape Boss Vaporizer Store

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Scranton
    County
    Lackawanna
    State
    Pennsylvania
    Longitude
    -75.64806317
    Latitude
    41.46560548

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    FAQs

    What type of property is this?
    Lifestyle center - Turn-key Vape Shop, High Traffic Location
    Where is this lifestyle center located?
    The property is located at 816 Scranton Carbondale Hwy Scranton, PA.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: Tenant-occupied retail space; business only, building not included.; Established vaping and smoke shop business.; High-volume retail operation.
    Request Owner's contact information
    816 Scranton Carbondale Hwy Scranton, PA 18508
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    816 Scranton Carbondale Hwy Scranton, PA 18508
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