238 Railroad St Scranton, PA 18518
This exceptional commercial property, located at 238 Railroad Street in Scranton, Pennsylvania, presents a unique investment opportunity. The 0.72-acre lot features two buildings totaling 4,250 square feet, ideally suited for a variety of uses. One building, approximately 1,000 square feet, offers office space, while the second building, encompassing roughly 3,000 square feet, functions as an automotive warehouse and repair shop. The property boasts significant road frontage on Railroad Avenue, providing excellent visibility and accessibility. Key features include 16+ foot ceilings in the warehouse, six drive-in doors, and ample space for various commercial applications. The property's current use as an automotive repair facility highlights its suitability for similar businesses, but its general commercial zoning allows for diverse possibilities, including general contracting, personal storage, or other retail ventures. Its prime downtown Scranton location offers easy access to major highways, ensuring convenient transportation for both employees and customers. The property is priced at $550,000 and is ready for immediate occupancy. This is a rare opportunity to acquire a well-situated commercial property with significant potential for growth and profitability.
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
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.