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33341220
33341219

8-12 W Olive St, Scranton, PA 18508

MN
PA RS372694, PA RB069773
Jonathan J. Nelson Real Estate
Listed by Jonathan J. Nelson Real Estate
$345,000
203 days on market
Updated 1 day ago
Opportunity zone

Interconnected Buildings ; 'Resi, Medical, or Office-Use

Details
APN 14516020004 & 14516020003
Property Type Hospitality, Mixed Use (+2)
Sub Type Traditional Office, Medical Office (+1)
Square Footage 6,000
Tenancy Vacant
Price per SqFt $58
Broker Co-Op Yes
Class C
Buildings 2
Stories 2
Zoning Light Industrial
Investment Type Value Add
Ground Lease No
Sale Condition For sale by owner

Interconnected Buildings ; Residential Conversion, Medical, or Office-Use

Marketing description

YES, SELLER FINANCING OPTIONS ARE AVAILABLE.

Two interconnected buildings offering flexible layouts suited for a range of operations. The first floor includes a reception area, multiple wide-span workspaces & bathrooms, as well as two private offices. In total, there's eleven rooms or offices across two buildings, giving businesses, agencies, or service providers the space needed for both administrative functions and client-facing use.

For those thinking beyond traditional office use, the layout lends itself to a room-by-room housing model thanks to its existing mix of private offices, multiple bathrooms, and a second-floor kitchen already in place. The structure and flow of the building naturally support a setup where individual rooms can be offered independently, creating a straightforward path to a residential or program-based housing concept.

It's combination of open areas, private rooms, & existing infrastructure makes this a property that can be shaped to fit nearly any vision. Whether used for offices, services, housing, or a specialized operation, the layout provides a ready-made foundation for a wide range of possibilities.

YES, SELLER FINANCING OPTIONS ARE AVAILABLE.

Investment highlights

  • Two-building configuration offers flexible layouts that reduce upfront build-out costs for office, service-based, or housing operators.
  • Eleven-room setup supports multi-tenant configurations, program-based users, or room-by-room housing models with minimal modification.
  • Existing infrastructure, including multiple bathrooms, private offices, wide-span work areas, and a second-floor kitchen, creates a ready-made foundation for repositioning.
  • Adaptable footprint provides investors with multiple income pathways ; administrative offices, service providers, supportive housing, or mixed-use concepts.
  • Layout naturally supports program operators and agencies seeking spaces with both administrative and client-facing functionality.
  • Located in a growing corridor supported by healthcare, education, logistics, and service-based sectors, widening the pool of stable, long-term tenant prospects.

Listing Contacts

MN
PA RS372694, PA RB069773
Jonathan J. Nelson Real Estate
Listed by Jonathan J. Nelson Real Estate

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Additional Information

Name
Matthew Nelson
License
RS372694
Brokerage
Jonathan J. Nelson Real Estate
Brokerage Phone
5702129583
Title
Broker
Brokerage Address
9 North Main Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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