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Property profile & analytics
OFF-MARKET
Commercial real estate

617 Lackawanna Ave Scranton, PA 18503

0.36 ac lot
Entity Owned
Property ID
US73-1405438
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 0.36 ac (15,682 SF)
UPID US73-1405438
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Cjbp Hospitality LLC
Cjbp Hospitality LLC
since 2025
4 recorded transactions
2025
$1.0M
2019
Price N/A
2018
$330,000
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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