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622 E Market St 3,500 SF 100% Leased Office Building Scranton, PA 18509 $396,086 CAD ($113.17 CAD/SF)
Investment Highlights
- Two one-bedroom apartments with private balconies provide built-in residential income potential.
- Dedicated parking lot and additional land for expansion across three combined lots.
- Prime west side location with strong visibility and convenient access to local amenities.
- Flexible commercial layout with separate entrances for front and back office spaces.
- Recently remodeled interiors reduce upfront costs and allow for immediate occupancy.
- Opportunity to attract both residential and commercial tenants for diversified income streams.
Executive Summary
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.
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.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
3,500 SF
Building Class
C
Year Built
1970
Price
$396,086 CAD
Price Per SF
$113.17 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,750 SF
Building FAR
0.29
Lot Size
0.28 AC
Parking
15 Spaces (4.29 Spaces per 1,000 SF Leased)
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 13513030007 | Improvements Assessment | $176,024 CAD |
| Land Assessment | $58,316 CAD | Total Assessment | $234,341 CAD |
Property Taxes
Parcel Number
13513030007
Land Assessment
$58,316 CAD
Improvements Assessment
$176,024 CAD
Total Assessment
$234,341 CAD
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622 E Market St
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