Commercial Property for Sale in Scranton, PA

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Commercial Sale For Sale

1729 Cedar Avenue, Scranton, Pennsylvania 18505

AsphaltParking(s)
15Picture(s)
2,700Sqft
Property with a front store on the first floor and offices second floor, in need of total rehab with a brand new roof.
$150,000
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Commercial Sale For Sale

401 Adams, Scranton, Pennsylvania 18503

10Picture(s)
97,481Sqft
Six story former office building. Redevelopment opportunity. Possible multi-family use. Listed price is a great value for a building just shy of 100,000 SF. Call agent for further details. To be subdivided prior to Closing.Taxes to be Determined.
$2,990,000
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Commercial Sale For Sale

1530-1538 Sanderson Avenue, Scranton, Pennsylvania 18509

85Picture(s)
13,850Sqft
Former 64 bed personal care home plus single family home with ample parking available for renovation. This building was most recently used as a personal care home but is well suited for a variety of uses including inpatient treatment, apartments, schooling, child care and much more. much of the basement is daylighted for even more space to develop out.
$849,995
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Commercial Sale For Sale

1140 Market Street, Scranton, Pennsylvania 18508

AsphaltParking(s)
22Picture(s)
6,120Sqft
6000+ SF commercial building currently divided into 3 medical/professional offices. Can be converted to one unit. High visibility from the Scranton Expressway. Large paved parking lot for 20+ vehicles.
$400,000
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Commercial Sale For Sale

148 Adams Avenue, Scranton, Pennsylvania 18503

49Picture(s)
5,534Sqft
Welcome to the newly revitalized downtown Scranton, PA. Overlooking the historic city square, this prime real estate opportunity is perfect for a buyer seeking to own a piece of history with the potential to build up to seven stories tall--a rare opportunity that doesn't come around often.
$1,099,900
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Commercial Sale For Sale

455-459 Main Avenue, Scranton, Pennsylvania 18504

21Picture(s)
2,276Sqft
Excellent investment opportunity on Main Avenue with plenty of parking. This corner building plus parking lot is ideal for a variety of businesses. The second floor has new windows and rough electrical completed for an apartment. The first floor has been opened up and is a blank canvass ready for a number of uses.
$194,995
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Commercial Sale For Sale

18-20 Green Ridge Street, Scranton, Pennsylvania 18509

GarageParking(s)
47Picture(s)
7,000Sqft
Welcome to the opportunity of a lifetime at the heart of Greenridge Street in Scranton! This expansive Corner lot offers endless potential for savvy investors and ambitious entrepreneurs alike. Nestled among bustling commercial spaces, this property boasts a strategic location that promises high visibility and convenience.
$570,000
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Commercial Sale For Sale

2225 Jackson Street, Scranton, Pennsylvania 18504

14Picture(s)
3,412Sqft
Thriving tavern & grill with an impressive outdoor area & Tiki Bar. Turn key operation with a newer commercial grade kitchen, 20 security cameras with ADT security system, 4 POS systems, a covered barbeque pit commercial grade tent for outdoor parties. The liquor license, all equipment, appliances, tv's (8), 2 walk-in coolers, 4 chest freexers & all furniture included.
$475,000
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Commercial Sale For Sale

2328 Pittston Avenue, Scranton, Pennsylvania 18505

Off streetParking(s)
53Picture(s)
2,411Sqft
Popular Minooka flower shop is closing its doors after 73 years!Great income potential with 1000 sq ft of prime commercial space ( buyers are advised to check planned use with city zoning). Additional income from two separate apartments above,each offering 1 bedroom/1 bath along with kitchen, dining room and living room.
$209,000
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Commercial Sale For Sale

1031 Price Street, Scranton, Pennsylvania 18504

See RemarksParking(s)
5Picture(s)
6,800Sqft
Building & business package sale. Turn-key well established custom screen-printing & embroidery business (includes equipment & clients). The building has good visibility from N. Main Ave & a large public paved parking lot in front. The seller will train the buyer if needed.
$399,000
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Commercial Sale For Sale

1231 Wyoming Avenue, Scranton, Pennsylvania 18509

Off streetParking(s)
4Picture(s)
1,700Sqft
Prime location for this level, paved commercial property with a 1,700 sq ft office building.The property is under lease with Enterprise Car Rental. See listing agent for details.
$370,000
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Commercial Sale For Sale

115-117 Penn Avenue, Scranton, Pennsylvania 18503

Parking LotParking(s)
58Picture(s)
12,000Sqft
115-117 Penn Avenue is a dual structure, Downtown Commercial zoned, 12,000 square foot building situated in aprime location in the heart of Downtown Scranton. This property is in a Federal Opportunity zone and does qualify for LERTA as well. The Property is a unique offering, nestledamidst a vibrant and rapidly evolving neighborhood.
$599,995
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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.