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515 Wyoming Ave 515 Wyoming Ave 7,000 SF Flex Building Scranton, PA 18509 $697,820 CAD ($99.69 CAD/SF)



EXECUTIVE SUMMARY
Positioned on the 500 block of Wyoming Avenue in the heart of downtown Scranton, this property represents a rare prime development opportunity directly across from Lackawanna College's upcoming Center for Technology Innovation. Located within the D-Downtown zoning district, the site offers exceptional flexibility for commercial, mixed-use, or institutional development. The existing two-story building features street-level commercial frontage with a wide garage bay, expansive upper-floor windows, and rear access with overhead doors to garage/warehouse space. On-site and rear parking add further convenience, while updated interior areas—including showroom and office build-outs—allow for immediate occupancy or seamless redevelopment. This location is uniquely positioned to benefit from Lackawanna College's multimillion-dollar investment across the street, which will bring new activity, foot traffic, and demand from students, faculty, and technology partners. Surrounded by restaurants, retail, and professional services, the property is ideally suited for a range of potential uses including mixed-use redevelopment, office or coworking space, retail, dining or entertainment venues, training and educational facilities, or student housing/apartments. With downtown Scranton continuing its resurgence, this property offers forward-thinking investors and developers the opportunity to create a signature project at the center of growth and innovation.Also included is parcel 14576010012 40 x112 Total Taxes on this parcel are $5,395.33.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
$14,656
|
$2.09
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$14,656
|
$2.09
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Taxes (CAD) | |
|---|---|
| Annual | $14,656 |
| Annual Per SF | $2.09 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $14,656 |
| Annual Per SF | $2.09 |
PROPERTY FACTS
| Price | $697,820 CAD | No. Stories | 2 |
| Price Per SF | $99.69 CAD | Year Built/Renovated | 1945/1982 |
| Sale Type | Investment or Owner User | Tenancy | Single |
| Property Type | Flex | Parking Ratio | 0.86/1,000 SF |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 0.12 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 7,000 SF |
| Price | $697,820 CAD |
| Price Per SF | $99.69 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 0.12 AC |
| Rentable Building Area | 7,000 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1945/1982 |
| Tenancy | Single |
| Parking Ratio | 0.86/1,000 SF |
| No. Drive In / Grade-Level Doors | 2 |
| Opportunity Zone |
Yes |
1 1
Walk Score®
Very Walkable (80)
PROPERTY TAXES
| Parcel Number | 14576010011 | Total Assessment | $17,626 CAD (2025) |
| Land Assessment | $10,576 CAD (2025) | Annual Taxes | $14,656 CAD ($2.09 CAD/SF) |
| Improvements Assessment | $7,050 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
14576010011
Land Assessment
$10,576 CAD (2025)
Improvements Assessment
$7,050 CAD (2025)
Total Assessment
$17,626 CAD (2025)
Annual Taxes
$14,656 CAD ($2.09 CAD/SF)
Tax Year
2024
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515 Wyoming Ave | 515 Wyoming Ave
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