0 Lackawanna Ave Olyphant, PA 18447
This exceptional mixed-use property, located at 113 E. Lackawanna Ave in Olyphant, Pennsylvania, presents a compelling investment opportunity. The 8,700 square foot building, constructed in 1940, sits on a 0.17-acre lot and features seven units across two stories. The property is zoned CT030 and boasts a prime location on a busy main street, ensuring high visibility and foot traffic. The building's retail spaces are meticulously maintained and feature modern updates, including large display windows ideal for attracting customers. These spaces are suitable for a variety of retail businesses, from cafes to boutiques. The remaining units offer flexible space adaptable to office spaces, service businesses, or small-scale manufacturing. Each unit is designed for easy customization to meet tenant needs. The building benefits from tenants paying their own heat. This property offers a strong return on investment due to its location, versatile unit configurations, and current occupancy. The asking price is $799,000, translating to $91.84 per square foot. This is a rare opportunity to acquire a well-maintained, high-traffic mixed-use building in a thriving Pennsylvania community. The property's strong location and flexible unit layouts make it an ideal investment for both seasoned investors and new market entrants.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.