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Mixed-Use Land for Sale in Scranton, Pennsylvania

Lackawanna County, Scranton, PA 18508

$314,900
0.13 acres
Active sale
$10k drop
Est $2,574/mo

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.

Location

Zip code
18508
School district
Scranton
Elevation
695 feet
Coordinates
41.4154, -75.6632

Directions

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

Property details

Lot size
0.13 acres5,663 sq ft
Zoning
Commercial
MLS #
GSBR SC262917
Posted

Property taxes

2025
$5,256

Parcels

  • 14516020004

Legal description

Details and features

Listing

Type
Residential
Unit Count
2

Listing history

DateEventPriceChangeSource
July 22, 2026Price drop$314,900$10,000 -3.1%GSBR
June 20, 2026New listing$324,900GSBR
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This 0.13-acre property is located in Scranton, PA 18508. The land is available for sale, priced at $314,900.

Listed by Christian Saunders Real Estate, (570) 947-3292

Checked 2 hours agoUpdated

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