240 N Main Ave - Storefront Retail/Residential FOR SALE


Scranton, PA 18504- Hyde Park
$264,900 USD
570-335-9000
240 N Main Ave, Scranton, PA for Sale
$264,900 USD
Storefront Retail/Residential - FOR SALE
1/30
null | Request Cap Rate

240 N Main Ave
Scranton, PA 18504
Hyde Park


HIGHLIGHTS

  • Three-unit mixed-use property with a commercial storefront and two residential apartments.
  • Street-level retail space includes a bathroom and central air conditioning for tenant comfort.
  • Rear one-bedroom apartment is vacant, providing immediate leasing or owner-use potential.
  • Second-floor three-bedroom apartment currently rented at $800/month for stable income.
  • All utilities are separately metered, simplifying management and reducing expenses.
  • Excellent road frontage on a high-visibility, slow-traffic corridor in Scranton.

OVERVIEW

This mixed-use property on North Main Avenue presents a strong investment opportunity in one of Scranton’s most visible commercial corridors. The building features three units, including a street-level commercial storefront and two residential apartments. The main level offers a retail or service-oriented space with a bathroom, providing excellent exposure for businesses seeking high-traffic visibility. Connected to the storefront is a rear one-bedroom apartment, currently vacant, allowing for immediate occupancy or additional rental income. The second floor includes a three-bedroom apartment currently leased at $800 per month, delivering steady cash flow. All utilities are separately metered, and the storefront is equipped with central air conditioning, reducing operating complexity and enhancing tenant appeal. The property also includes a basement and lower-level units that are easy to show, while showings for the occupied apartment can be scheduled in advance. Positioned along a busy, slow-traffic corridor, this property offers exceptional frontage and visibility, making it an attractive option for investors seeking a versatile asset with both commercial and residential income streams.

FOR SALE DETAILS

PRICE

$264,900 USD

PRICE/SF

$115 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1945

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,012 SF

ZONING

-

APN/PARCEL ID

14518030056

ASK ABOUT THIS PROPERTY

Kyle SavageChristian Saunders Real EstateMore Info
570-335-9000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Kyle SavageChristian Saunders Real EstateMore Info
570-335-9000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.