5,569 sqft

$795,000

1212 1214 Mulberry Street, Scranton PA, 18510

Price per sqft$142.75

Built in1950

Property size5,569 sqft

Property typeCommercial

Courtesy of ERA One Source Realty, Jacob W. Rosenstein Listing Contact: (570) 587-9999

Overview

Active

Listed Nov 7, 2024

Updated Jun 4

This well-located asset sits within the highly desirable University of Scranton corridor, an area defined by strong demand, walkability, and consistent foot traffic. Positioned near popular neighborhood destinations such as Goodfellas, the property benefits from a lively streetscape that resonates with both students and long-term residents.For developers, the site presents a compelling opportunity for a modern, student-oriented residential project, ideally suited to the surrounding campus-driven market and nearby amenities. For investors, the property also stands as a proven income-producing asset, currently operated as a professionally managed residential-use facility generating stable cash flow.Whether repositioned for future redevelopment or held as a cash-flowing investment, this property offers flexibility, location-driven demand, and long-term upside in one of Scranton's most active and supply-constrained neighborhoods.

Listings courtesy of Greater Scranton Board of REALTORS® as distributed by MLS GRID

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