617 Lackawanna Ave Scranton, PA 18503
This exceptional 0.36-acre vacant parcel presents a unique investment opportunity in the heart of Scranton's Historic District. Located at 617 Lackawanna Avenue, Scranton, PA 18503, this commercially zoned land offers unparalleled potential for development. The property's central location provides easy access to local businesses, amenities, and significant foot traffic, making it ideal for a variety of commercial ventures. The asking price is $150,000. Given its prime location within the historic district, this lot is well-suited for projects that complement the area's architectural character and historical significance. The existing zoning permits commercial development, offering flexibility for prospective buyers. Detailed site plans and surveys are available upon request. This is a rare chance to acquire a strategically positioned commercial lot in a thriving Pennsylvania city. The property's size and location make it an attractive proposition for developers seeking a high-impact project in a desirable urban setting. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. Don't miss this opportunity to secure a piece of Scranton's vibrant downtown. Contact us today to learn more about this exciting investment prospect.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
1 recent transactions · within 1.5 miSimilar Nearby for Lease
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.