8 & 12 W Olive ST, Scranton, PA 18508
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8 & 12 W Olive ST, Scranton, PA 18508
8 & 12 W Olive ST, Scranton, PA 18508
8 & 12 W Olive ST, Scranton, PA 18508
8 & 12 W Olive ST, Scranton, PA 18508
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Adriana Jez

Adriana Jez

+1(347) 255-0907
Listed by Kyle Savage Christian Saunders Real Estate
$ 299,900
Est. payment /mo
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Active

8 & 12 W Olive ST Scranton, PA 18508

10 Beds

5 Baths

5,472 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,472 sqft

Price per Sqft $54

MLS Listing ID GSBSC263586

Bedrooms 10

Full Baths 5

Total Fin. Sqft 5472

Year Built 1930

Annual Tax Amount $5,256

Tax Year 2025

Lot Size 3,484 Sqft

Acres 0.08

Lot Dimensions 30X120

Property Sub-Type Multi Family

Source scranton

Property Description

Two separate buildings situated on two separately deeded parcels create a rare commercial opportunity in the heart of Scranton. Located along a primary corridor leading into Downtown Scranton, this unique offering encompasses approximately 5,472 square feet of commercial space and provides exceptional flexibility for investors, developers, owner-users, or organizations seeking a value-add asset with significant redevelopment potential.Positioned just across the Lackawanna River from the Heritage Trail Pavilion and Scranton High School, the property is also only a few blocks from Geisinger Commonwealth School of Medicine, the University of Scranton, and several major healthcare facilities. This strategic location offers outstanding visibility, accessibility, and proximity to some of the city's largest employment and educational hubs.Previously utilized as a community and office facility, the property may be well suited for professional office space, nonprofit organizations, educational or community service uses, mixed-use development, residential conversion, or other redevelopment opportunities, subject to applicable approvals.The two-building, two-parcel configuration provides flexibility rarely found in today's market. Occupy one building while leasing the other, redevelop both, or hold the property as a long-term investment with multiple future exit strategies.Conveniently located just minutes from Downtown Scranton, Interstate 81, major hospitals, universities, and regional employers, this property is well-positioned for a wide variety of commercial and investment uses.Whether you're searching for a headquarters location, redevelopment project, adaptive reuse opportunity, or a long-term investment, 8 & 12 W. Olive Street offers exceptional upside in one of Scranton's most strategic commercial corridors.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

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

Rooms

Basement Unfinished

Interior

Fireplace No

Exterior

View Y/N Yes

Building

Story 2

Unit Features [{\"UnitTypeActualRent\":0,\"UnitTypeType\":\"Unit 1\",\"UnitTypeBathsTotal\":3,\"UnitTypeBedsTotal\":6,\"GSB_UnitTypeUnitNumber\":\"1\",\"GSB_UnitTypeDiningRoomYN\":\"Yes\",\"GSB_UnitTypeKitchenYN\":\"Yes\",\"GSB_UnitTypeSqFtTotal\":\"5471.00\",\"UnitTypeKey\":\"GSB20260722153516096118000000Group_1\"},{\"UnitTypeActualRent\":0,\"UnitTypeType\":\"Unit 2\",\"UnitTypeBathsTotal\":2,\"UnitTypeBedsTotal\":4,\"GSB_UnitTypeUnitNumber\":\"2\",\"GSB_UnitTypeDiningRoomYN\":\"No\",\"GSB_UnitTypeKitchenYN\":\"No\",\"GSB_UnitTypeSqFtTotal\":\"1.00\",\"UnitTypeKey\":\"GSB20260722153516096118000000Group_2\"}]

New Construction No

Schools

School District Scranton

Greater Scranton Board of Realtors (SMLS)
© 2026 Listings courtesy of Greater Scranton MLS as distributed by MLS GRID. All Rights Reserved.

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Adriana Jez

Adriana Jez

Agent License ID: RS358942

+1(347) 255-0907

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8 & 12 W Olive ST