622 E Market St - Office/Residential FOR SALE


Scranton, PA 18509- Greenridge
$279,900 USD
570-335-9000
622 E Market St, Scranton, PA for Sale
$279,900 USD
Office/Residential - FOR SALE
1/36
null | Request Cap Rate

622 E Market St
Scranton, PA 18509
Greenridge


HIGHLIGHTS

  • Two one-bedroom apartments with private balconies provide built-in residential income potential.
  • Flexible commercial layout with separate entrances for front and back office spaces.
  • Dedicated parking lot and additional land for expansion across three combined lots.
  • Recently remodeled interiors reduce upfront costs and allow for immediate occupancy.
  • Prime west side location with strong visibility and convenient access to local amenities.
  • Opportunity to attract both residential and commercial tenants for diversified income streams.

OVERVIEW

Excellent mixed-use investment or owner-user opportunity located on East Market Street just steps from Green Ridge Corners in one of Scranton's most established commercial corridors. Offering approximately 3,500 total square feet, this versatile property features approximately 1,750 square feet of commercial space on the first floor and two well-maintained 1-bedroom apartments on the second floor, creating multiple income streams and flexible occupancy options. The commercial level includes two bathrooms and can be configured as one larger commercial space or two separate storefronts, making it ideal for a variety of retail, office, or service-based businesses. Owner-occupants can operate their business while generating rental income from the apartments to help offset operating costs. Additional highlights include a private rear parking lot, excellent visibility and frontage on a well-traveled roadway, and a location just one block from Green Ridge Corners, surrounded by established businesses, restaurants, and neighborhood amenities. Electric and natural gas utilities are separately metered, while water service is shared. Whether you're an investor seeking a stable mixed-use asset or an entrepreneur looking for a flexible owner-user opportunity, this property offers exceptional versatility and long-term potential.

FOR SALE DETAILS

PRICE

$279,900 USD

PRICE/SF

$80 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

-

APN/PARCEL ID

13513030007

ASK ABOUT THIS PROPERTY

Kyle SavageChristian Saunders Real EstateMore Info
570-335-9000

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Kyle SavageChristian Saunders Real EstateMore Info
570-335-9000

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