Scranton, PA 18508
$299,900
Property Type:
Commercial Sale
Square Footage:
5,472
Lot Size (sq. ft.):
5,663
Status:
Active
Current Price:
$299,900
List Date:
6/20/2026
Last Modified:
8/26/2026
Listing Details MLS# SC-262917
General Property Information
- Number Of Units Total
- 2
- Building Area Total
- 5472
- Building Area Total (Report Only)
- 5472
- Enhanced Accessible
- No
- Year Built
- 1930
- Lot Size Acres
- 0.13
- Lot Size Dimensions
- See Remarks
- Waterfront YN
- No
- Stories
- 2
- Auction YN
- No
- List Price/SqFt
- 54.81
Contract Information
- Listing Contract Date
- 2026-06-19
- Property Sub Type
- Mixed Use
- Listing Agreement
- Exclusive Right To Sell
- Owner Name
- Jg Realty Pa LLC
- Environmental Survey YN
- No
Location Tax and Legal
- State
- PA
- Postal Code
- 18508
- County
- Lackawanna
Remarks and Miscellaneous
- Public Remarks
- 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.
Status Change Information
- Major Change Timestamp
- 2026-08-26T15:33:34Z
- Major Change Type
- Price Reduced
- Price Change Timestamp
- 2026-08-26T15:33:34Z
- Status Change Timestamp
- 2026-06-19
Listing Office:
Christian Saunders Real Estate
Last Updated: August - 26 - 2026
Information deemed reliable but not guaranteed.