216 Lackawanna Avenue, 216 Lackawanna Ave, Olyphant, PA 18447

$1,450,000
Property Type: Commercial Sale Square Footage: 18,725 Lot Size (sq. ft.): 29,621 Status: Active
Current Price: $1,450,000 List Date: 11/13/2023 Last Modified: 4/14/2026

Overview

Description

Multi Use property located in downtown Olyphant. Sale includes 2 buildings. Beautiful, well established and successful commercial banquet facility, store front property, deli and 6 rented apartments. Banquet room has seating for 275 people. Paved parking lot for 50+ cars. Sale includes business, equipment, furniture, land and Liquor license. New roof installed over banquet portion of the building 2/2024, . All information approximate not warranted or guaranteed. Flood Insurance required., Ceiling Height: 13' to 16'- Y, No Overhead Door: Y All measurements approx., not warranted

Listing Details MLS# 23-4956

General Property Information

Number Of Units Total
6
Building Area Total
18725
Building Area Total (Report Only)
18725
Enhanced Accessible
No
Year Built
1950
Garage Spaces
Yes
Parking Total
50
Lot Size Acres
0.68
Lot Size Dimensions
Confidential
Land Lease YN
No
Waterfront YN
No
Basement YN
Yes
Stories
2
Rent Control YN
No
Auction YN
No
List Price/SqFt
77.44

Property Features

Basement: Unfinished Building Features: Equipment Included; Finished Office; Furniture Included; Public Restrooms Business Type: Restaurant Construction Materials: Brick Cooling: Central Air Current Use: Mixed Use; Office; Residential; Retail Flooring: Other Heating: Natural Gas; Other; See Remarks Levels: One and One Half Listing Terms: Cash; Conventional Lot Features: Other; See Remarks Parking Features: Asphalt; Paved Possession: Other; See Remarks Road Frontage Type: Other Roof: Other; See Remarks Sewer: Public Sewer Special Licenses: Liquor Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent

Contract Information

Listing Contract Date
2023-11-11
Property Sub Type
Mixed Use
Property Attached YN
No
Listing Agreement
Exclusive Right To Sell
Owner Name
Pachucy Real Estate
Environmental Survey YN
No

Location Tax and Legal

Street Number
216
Street Name
Lackawanna
Street Suffix
Avenue
State
PA
Postal Code
18447
County
Lackawanna

Remarks and Miscellaneous

Public Remarks
Multi Use property located in downtown Olyphant. Sale includes 2 buildings. Beautiful, well established and successful commercial banquet facility, store front property, deli and 6 rented apartments. Banquet room has seating for 275 people. Paved parking lot for 50+ cars. Sale includes business, equipment, furniture, land and Liquor license. New roof installed over banquet portion of the building 2/2024, . All information approximate not warranted or guaranteed. Flood Insurance required., Ceiling Height: 13' to 16'- Y, No Overhead Door: Y All measurements approx., not warranted

Status Change Information

Major Change Timestamp
2025-11-11T21:22:19Z
Major Change Type
Price Reduced
Price Change Timestamp
2025-11-11T21:22:19Z
Status Change Timestamp
2023-11-13
Concessions
No

More Information

Building Features

Included In Contract
Business & Building(s)
Office SqFt
650
Retail SqFt
5000
Listing Office: C21 Jack Ruddy Real Estate
Last Updated: April - 14 - 2026
Information deemed reliable but not guaranteed.