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Listed by Kyle Savage Christian Saunders Real Estate
$ 314,900
Est. payment /mo
Active
Address not disclosed Scranton, PA 18508
5,472 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 5,472 sqft
Price per Sqft $57
MLS Listing ID GSBSC262917
Total Fin. Sqft 5472
Year Built 1930
Annual Tax Amount $5,256
Tax Year 2025
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions See Remarks
Property Sub-Type Mixed Use
Source scranton
Property Description
Opportunity awaits at 8 & 12 W Olive Street, positioned along a main artery leading into Downtown Scranton. This unique commercial offering consists of two interconnected buildings spanning approximately 5,472 square feet across two separately deeded parcels, benefiting from strong foot and vehicle traffic.Located just across the river from the Lackawanna River Heritage Trail pavilion and Scranton High School, the property is also just a few blocks from Geisinger Commonwealth School of Medicine, several major healthcare facilities, and the University of Scranton. The location offers excellent visibility, accessibility, and redevelopment potential.Formerly utilized as a community and office facility, the property presents a variety of potential uses including office, nonprofit, educational, community service, mixed-use, residential conversion, or redevelopment opportunities, subject to applicable approvals. The existing improvements provide a substantial footprint and flexible space for an owner-user, investor, or developer seeking to reposition the asset.Conveniently located near Downtown Scranton, Interstate 81, schools, medical facilities, and major employment centers, the property offers outstanding accessibility and connectivity throughout the region.Whether you're seeking a headquarters location, investment property, redevelopment opportunity, or value-add project, 8 & 12 W Olive Street presents a rare opportunity to create value in a strategic Scranton location. Includes tax parcels 14516020003 and 14516020004. Seller financing may be available to qualified buyers. Property is located within an AE Flood Zone.
Location
State PA
County Lackawanna
Area 5472
Zoning Commercial
Direction From Downtown Scranton, take Mulberry Street to the Route 307/Providence Road exit. Bear right at the bottom of the exit ramp onto Providence Road. Continue one block to W. Olive Street and turn left. Property is on the left
Interior
Fireplace No
Exterior
View Y/N Yes
Building
Story 2
Schools
School District Scranton
© 2026 Listings courtesy of Greater Scranton MLS as distributed by MLS GRID. All Rights Reserved.