604 Cedar Avenue, Scranton, PA 18505
$800,000
Property Type:
Commercial Sale
Square Footage:
6,872
Lot Size (sq. ft.):
10,890
Status:
Active
Current Price:
$800,000
List Date:
8/30/2026
Last Modified:
9/02/2026
Listing Details MLS# SC-264299
General Property Information
- Number Of Buildings
- Yes
- Number Of Units Total
- 5
- Building Area Total
- 6872
- Building Area Total (Report Only)
- 6872
- Enhanced Accessible
- No
- Year Built
- 1930
- Lot Size Acres
- 0.25
- Lot Size Dimensions
- 80X50
- Waterfront YN
- No
- Stories
- 2
- Rent Control YN
- No
- Auction YN
- No
- List Price/SqFt
- 116.41
Contract Information
- Listing Contract Date
- 2026-08-30
- Property Sub Type
- Mixed Use
- Listing Agreement
- Exclusive Right To Sell
- Owner Name
- butters Investments LLC
- Environmental Survey YN
- No
Location Tax and Legal
- Street Number
- 604
- Street Name
- Cedar
- Street Suffix
- Avenue
- State
- PA
- Postal Code
- 18505
- County
- Lackawanna
Remarks and Miscellaneous
- Public Remarks
- Prime Investment Opportunity on Busy Cedar Ave - 5-Unit Property with Endless Potential! Discover this recently renovated corner property on bustling Cedar Ave, offering a perfect blend of residential and commercial spaces. This versatile building features 2 apartments, 2 commercial units, and a spacious (appx) 20x40 garage that opens the door to endless possibilities Property Highlights: Residential Units: Two well-maintained apartments upstairs. One is currently occupied, generating $1,200/month in rental income, while the other is being renovated and offers similar income potential. Commercial Spaces: A thriving hair salon occupies one ground-floor unit, generating $1,200/month. The other unit houses a laundromat and a game-of-skill room, currently operated by the building owner, bringing in an impressive $2,200/week in revenue. Garage Space: A massive 20x40 garage with potential for a detail shop, workshop, or other creative uses, offering an estimated rental value of $750/month. Additional Income: A digital sign on the property generates extra income, making this an even more attractive investment. Recent Upgrades: New roof (2018 approx) New siding and exterior improvements Updated systems throughout Brand-new laundry machines installed ~ 2023 Seller Note: The seller may consider creative financing options with a six-figure down payment. This property is a turnkey investment with a strong income profile and potential for even greater returns. With its prime corner location, high visibility, and diverse income streams, this is an opportunity you don't want to miss. Income Breakdown: Game room & laundromat: $2,200/week Laundry space rent $2500 Hair salon: $1,200/month Apartment 1: $1,200/month (occupied) Apartment 2: $1,200/month (potential) Garage: $750/month (potential) Whether you're an investor seeking a high-performing property or an entrepreneur looking for a mixed-use space with excellent income potential, this works
Status Change Information
- Major Change Timestamp
- 2026-09-02T17:51:37Z
- Major Change Type
- Price Change
- Price Change Timestamp
- 2026-09-02T17:51:37Z
- Status Change Timestamp
- 2026-08-30
Listing Office:
Gorilla Real Estate LLC
Last Updated: September - 02 - 2026
Information deemed reliable but not guaranteed.