622 E Market St - Office/Residential FOR SALE


Scranton, PA 18509- Greenridge
$349,900 USD
570-335-9000
622 E Market St, Scranton, PA for Sale
$349,900 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

Versatile 3,500 SF mixed-use investment opportunity located on the West Side of Scranton, PA, offering both immediate income potential and long-term upside. The property features a well-maintained commercial and residential setup, ideal for investors or owner-users seeking flexibility. The residential component includes two one-bedroom apartments, each with private balconies, providing comfortable and desirable living spaces for tenants. The commercial portion consists of approximately 1,765 SF and is currently configured as a single unit, but was previously divided into two separate spaces, allowing for an easy conversion back to a multi-tenant layout. The commercial space offers separate front and rear entrances, making it highly functional for a range of uses including office, service-based businesses, or retail. This layout is especially attractive to entrepreneurs or investors looking to maximize leasing flexibility. Situated on three combined lots, the property includes a dedicated parking lot with additional room for expansion—an uncommon and valuable feature in this location. The building is in excellent condition, requiring minimal upfront capital and allowing for immediate occupancy or leasing. This is a strong opportunity to acquire a 3,500 SF income-producing asset with multiple revenue streams and clear value-add potential in a desirable North Scranton location.

FOR SALE DETAILS

PRICE

$349,900 USD

PRICE/SF

$100 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

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

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.