121 E 123 Lackawanna Street, Olyphant, PA 18447

$277,700
Property Type: Commercial Sale Square Footage: 3,850 Lot Size (sq. ft.): 6,534 Status: Active
Current Price: $277,700 List Date: 7/04/2026 Last Modified: 7/04/2026

Overview

Description

TURN POTENTIAL INTO PROFIT! Unlock the potential for this 5-unit investment opportunity. This mixed-use commercial property is packed with opportunity for investors, entrepreneurs, or developers looking to create long-term value. The first floor features two storefronts, including one beautifully remodeled, turnkey space operating as a successful dog-grooming business complete with vinyl flooring and central A/C. The second commercial first-floor space is ready for your vision to come alive with its high ceilings and blank canvas to be finished. The remainder of the building is being taken down to the studs, offering a blank canvas to complete the renovation that has been started. Upstairs, there is the potential for three apartments, showcasing exposed brick walls, skylights, and endless character. With rear parking, strong income-producing potential, and significant upside once completed, this property presents an outstanding opportunity to build equity and maximize your inves ...

Listing Details MLS# SC-263190

General Property Information

Number Of Buildings
Yes
Number Of Units Total
5
Building Area Total
3850
Building Area Total (Report Only)
3850
Enhanced Accessible
No
Year Built
1940
Year Built Details
estimated
Lot Size Acres
0.15
Lot Size Dimensions
45X150
Waterfront YN
No
Stories
2
Auction YN
No
List Price/SqFt
72.13

Property Features

Building Features: Separate Utilities Business Type: Animal Grooming; Commercial Community Features: Curbs; Sidewalks; Street Lights Construction Materials: Brick Cooling: Ceiling Fan(s); Central Air; Varies by Unit Current Financing: Commercial Loan Current Use: Mixed Use; Retail; Vacant; See Remarks Flooring: Carpet; Hardwood; Luxury Vinyl; Varies; Wood Heating: Natural Gas Listing Terms: Cash Lot Features: Rectangular Lot Owner Pays: Sewer; Taxes; Water Parking Features: Alley Access; Off Street; On Street; See Remarks Property Condition: Fixer Road Frontage Type: City Street Road Surface Type: Paved Sewer: Public Sewer Structure Type: Mixed Use Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent; No Lockbox

Contract Information

Listing Contract Date
2026-07-04
Property Sub Type
Mixed Use
Listing Agreement
Exclusive Right To Sell
Listing Service
Full Service
Seller Offers Concessions YN
Yes
Owner Name
James Devoe and Clayton Devoe
Environmental Survey YN
No

Location Tax and Legal

Street Number
121
Street Direction Prefix
E
Street Name
123 Lackawanna
Street Suffix
Street
State
PA
Postal Code
18447
County
Lackawanna

Remarks and Miscellaneous

Public Remarks
TURN POTENTIAL INTO PROFIT! Unlock the potential for this 5-unit investment opportunity. This mixed-use commercial property is packed with opportunity for investors, entrepreneurs, or developers looking to create long-term value. The first floor features two storefronts, including one beautifully remodeled, turnkey space operating as a successful dog-grooming business complete with vinyl flooring and central A/C. The second commercial first-floor space is ready for your vision to come alive with its high ceilings and blank canvas to be finished. The remainder of the building is being taken down to the studs, offering a blank canvas to complete the renovation that has been started. Upstairs, there is the potential for three apartments, showcasing exposed brick walls, skylights, and endless character. With rear parking, strong income-producing potential, and significant upside once completed, this property presents an outstanding opportunity to build equity and maximize your investment. Bring your ideas and transforms these spaces into a thriving destination! Located in Olyphant's main hub, you will also enjoy plenty of foot traffic, shopping, and Olyphant's Third Thursdays, which is a delightful downtown block party featuring all our amazing businesses which run from May through November. Check out current comps, rents, and real estate values and you will see the enormous potential for this property to add value once completed. Building only for sale. Dog-grooming business not included in sale.

Status Change Information

Major Change Timestamp
2026-07-04T16:36:05Z
Major Change Type
New Listing
Status Change Timestamp
2026-07-04

More Information

Listing Office: LUXE Homes Real Estate LLC
Last Updated: July - 04 - 2026
Information deemed reliable but not guaranteed.