Commercial Property for Sale in Scranton, PA

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Commercial Sale For Sale

1809 Sanderson Avenue, Scranton, Pennsylvania 18509

Off streetParking(s)
35Picture(s)
1,938Sqft
There's nothing better than breakfast at your favorite local diner! This community gem is located right in the heart of Greenridge, with ample off-street parking plus plenty of on street parking.
$450,000
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Commercial Sale For Sale

200 Main Avenue, Scranton, Pennsylvania 18504

AsphaltParking(s)
3Picture(s)
1,500Sqft
This turn-key business includes the name, recipes, all equipment & furniture. The location offers ample paved public parking and a convenient high traffic location.
$150,000
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Commercial Sale For Sale

1801 Main Avenue, Scranton, Pennsylvania 18508

1Picture(s)
206Sqft
Prime high-traffic corner location (with traffic light) for this gas station & mini mart.
$399,000
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Commercial Sale For Sale

1131 Pittston Avenue, Scranton, Pennsylvania 18505

On streetParking(s)
34Picture(s)
3,638Sqft
Welcome to the former Reagan Funeral Home, a distinguished property offering a blend of commercial and residential spaces, situated on a prominent corner lot in Scranton. Boasting historical significance and versatile functionality, this property presents an exceptional investment opportunity.
$474,900
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Commercial Sale For Sale

318 Penn Avenue, Scranton, Pennsylvania 18503

DetachedParking(s)
76Picture(s)
5,000Sqft
Fully leased and renovated building in the heart of downtown Scranton which includes parking for 26 cars (parking lot is directly across the street and is included in the purchase)! The property features three tenants (two commercial and one penthouse apartment).
$1,700,000
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Commercial Sale For Sale

10 Green Ridge Street, Scranton, Pennsylvania 18508

5Picture(s)
24,660Sqft
Busy corner intersection in the Providence, north side of Scranton. Located on the Lackawanna river, with easy access to the Heritage Trail and adjacent to the Goodwill redevelopment project at North Scranton School. Average daily traffic count is 13,000 at the light. This is both a development play and investment. Shopping centers, housing, drugstores and gas station are within 1/4 mile. The 2.
$1,490,000
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Commercial Sale For Sale

1554 Gardner Avenue, Scranton, Pennsylvania 18509

Off siteParking(s)
17Picture(s)
3,250Sqft
Commercial Property! Prime Location!This well established family business is ready for it's new owner. Selling the building, all equipment and recipes if you like to keep as pasta/pizza house. At one time it was a church. Office space, Urgent Care,Convenient store are just a few ideas. Many opportunities.
$269,900
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Commercial Sale For Sale

920-922 Oak Street, Scranton, Pennsylvania 18508

PavedParking(s)
44Picture(s)
6,958Sqft
North Scranton, Brick, commercial, one story buildings formerly used a credit union and administrative building. Credit union building is approximately 5,088 and administrative building is approximately 1,870 square feet. Many possible uses banking, medical and offices. Situated on three parcels totaling approximately 1.17 acres.
$549,900
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Commercial Sale For Sale

624 Fellows Street, Scranton, Pennsylvania 18504

Off streetParking(s)
33Picture(s)
9,700Sqft
This large commercial office building and warehouse in West Scranton has endless possibilities! Upstairs is 1413 SqFt of Finished Office Spaces, and an additional 2437 SqFt of Framed outs with its own ingress/egress, ready to be finished. Easy transition to lease out as flex space/private offices or completely to a separate business.
$340,000
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Commercial Sale For Sale

902 Luzerne Street, Scranton, Pennsylvania 18504

On streetParking(s)
19Picture(s)
3,600Sqft
Check out this incredible opportunity to own this 5 unit commercial investment property in a high traffic area of West Scranton. Property features four large 1 bedroom apartments and a storefront, currently used as a barbershop. The possibilities are endless. Start your investment portfolio and collect 5 rents each month or live on 1st floor apartment and have your business on the same level.
$315,000
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Commercial Sale For Sale

908 Market Street, Scranton, Pennsylvania 18508

Parking LotParking(s)
11Picture(s)
7,900Sqft
10 units with mostly separate utilities. 4 Building ( 3 residential & 1 commercial garage). Plenty of off street parking. Newer roofs on all buildings. All new toilets and many replacement windows, Electric and gas wall units in apartments and coal/wood/oil heat the garage. Units are in very nice/updated condition. One single family w/4 bedrooms.
$975,000
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Commercial Sale For Sale

2122 WASHBURN Street, Scranton, Pennsylvania 18504

PavedParking(s)
25Picture(s)
1,200Sqft
ENDLESS POSSIBILITIES for this Commercial Scranton Location! Formerly Auto Sales; Could be Beauty Salon / Nail Salon / Dog Groomer / Professional Office / Auto Repair / Auto Sales ! Modular Construction offers Large Reception / Office area; One Private Office; One Bathroom and Lunch Room. Lower Level 2 Car Garage Offers Heated Work Space / Storage / Utility Sink & Air Compressor.
$269,900
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Commercial Real Estate for Sale in Scranton, PA

In today’s highly competitive business landscape, finding the right commercial real estate property can make all the difference in achieving success. Scranton, Pennsylvania has proven to be a prime location for businesses of all sizes and types. Whether you’re looking to start a new business venture or expand your existing operations, commercial real estate for sale in Scranton PA can provide you with the ideal foundation to achieve your goals. View our commercial listings in Scranton and call or email us for more information.

About Scranton, PA

Also known as the Electric City, Scranton had its birth in the mid-ninetieth century, steeped in coal and the railroads that transported it. This town is home to the Lackawanna Coal Mine Tour, the Steamtown National Historic site, the Electric City Trolley Museum, the Everhart Museum and so much more. Commercial real estate in Scranton offers a variety of opportunities, from retail spaces to office buildings to warehouses and distribution centers. With the city’s strategic location, access to major transportation networks, and affordable cost of living, Scranton has become a popular choice for businesses looking to establish a strong presence in the northeastern region of the United States. If you’re considering investing in commercial real estate in Scranton, now is the perfect time to explore your options. With a wide range of properties available for sale, you’re sure to find the perfect location and space to meet your business needs and thrive in this resurging city.

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FAQs


How long does it take to close on a commercial property?

With the complexity involved in commercial real estate loans, it usually takes about three or four months to close on a typical commercial loan. Quicker deals can come together between seventy-five and ninety days to close on a commercial property, though there are exceptions.

As an investor, make sure you have sufficient time for due diligence – a period of time for completing inspections and investigating intended use, among other things. Before setting a closing date, the purchaser and their agent should consult (real estate/title) attorneys, engineers, inspectors and any other professionals needed to make sure they’re ready to close the deal. All parties will need to be mindful of their availability as well.

What is the process to buy a commercial property?

Purchasing a commercial property can be a complex matter, especially as it pertains to the buyer’s analysis. That’s why it’s imperative that you have enough time to investigate. Here are the major points when buying a commercial property:

  • Hire an experienced commercial real estate agent
  • Determine the type of commercial property you need
  • Identify potential properties to buy
  • Set up a showing
  • Decide upon which listing meets your needs
  • Make an offer 
  • Sign a sales agreement
  • Perform due diligence
  • Complete a final walkthrough of the property
  • Close on the property

Remember, we’re here to help you navigate through these steps.

How long are commercial real estate loans?

Commercial real estate loans range from five to ten year terms, but are amortized up to a 25-year term. The longer the loan term, the less the monthly payment. However, a longer loan term means greater interest costs associated with the loan.

In a situation where a 5-year term was taken for a commercial loan (amortization period of twenty-five years), the investor would make monthly payments over the course of five years based upon the loan being paid off over twenty-five years. At the end of the five years, one balloon payment would need to be made in order to pay off the remaining balance of the loan in full.