622 E Market Street, Scranton, PA 18509
Lackawanna County
Key Facts
Description
Excellent mixed-use investment or owner-user opportunity located on East Market Street just steps from Green Ridge Corners in one of Scranton's most established commercial corridors. Offering approximately 3,500 total square feet, this versatile property features approximately 1,750 square feet of commercial space on the first floor and two well-maintained 1-bedroom apartments on the second floor, creating multiple income streams and flexible occupancy options.The commercial level includes two bathrooms and can be configured as one larger commercial space or two separate storefronts, making it ideal for a variety of retail, office, or service-based businesses. Owner-occupants can operate their business while generating rental income from the apartments to help offset operating costs.Additional highlights include a private rear parking lot, excellent visibility and frontage on a well-traveled roadway, and a location just one block from Green Ridge Corners, surrounded by established businesses, restaurants, and neighborhood amenities. Electric and natural gas utilities are separately metered, while water service is shared. Whether you're an investor seeking a stable mixed-use asset or an entrepreneur looking for a flexible owner-user opportunity, this property offers exceptional versatility and long-term potential.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1970
Living Area
3,530 sq ft
Lot Size
0.28 acres
Lot Dimensions
67X180
Zoning
Commercial
Days on Market
69
MLS® Listing#
SC261840
Property Features
Cooling
Basement
Financial Details
Annual Taxes
$6,410
Tax year 2025
Assessed Value
$17,400
Parcel Number
13513030007
Directions
Main Ave to E Market. Property is on the right.
Affordability Calculator
$55,980
Estimated monthly payment
$1,490/mo
Principal $223,920 · Est. interest $312,388 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Scranton, PA
- $265,957
- Median Listing Price
- 61
- Median Days on Market
- 1,978
- Median Sq Ft
- $128
- Median Price / Sq Ft
- 166
- Active Listings
- This home’s price is 5% above the area median.
- Its price per sq ft is 38% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Scranton, PA.
Location
Getting Around
Points of Interest in Scranton, PA
Showing the Scranton area map.
Nearby Schools
Robert Morris Elementary School
Elementary · 0.1 mi away
Revival Baptist Christian School
School · 0.4 mi away
St Paul's School
School · 0.5 mi away
St Clare's School
School · 0.5 mi away
Scranton State School for Deaf
School · 0.5 mi away
Psychological Services Center
School · 0.6 mi away
Asec - African Sisters Education Collaborative
School · 0.6 mi away
Nativitymiguel School of Scranton
School · 0.6 mi away
Holy Rosary High School
Secondary · 0.7 mi away
Neil Armstrong Elementary School
Elementary · 0.8 mi away
Dunmore School District
School · 0.9 mi away
Dunmore High School
Secondary · 0.9 mi away
Dunmore Elementary Center
Elementary · 0.9 mi away
Bancroft Elementary School
Elementary · 1.0 mi away
Scranton Preparatory School
School · 1.0 mi away
Penn Foster
School · 1.4 mi away
Lackawanna County Area Vocational-Technical School Authority
Secondary · 1.4 mi away
Northeast Scranton Intermediate School
Secondary · 1.4 mi away
Scranton High School
Secondary · 1.5 mi away
St. Mary of Mt. Carmel School
School · 1.5 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 409 Prospect Avenue, Scranton, PA | $199,000 | 6 | 3 | 2,280 |
| 1830 Pittston Avenue REAR, Scranton, PA | $199,000 | 6 | 2 | 2,320 |
| 539 Colfax Avenue, Scranton, PA | $199,900 | 4 | 3 | 2,129 |
| 401 Putnam Street, Scranton, PA | $200,000 | 5 | 2 | 1,554 |
| 1431 Sanderson Avenue, Scranton, PA | $200,000 | 4 | 6 | 2,014 |
| 819 Archbald Street, Scranton, PA | $202,000 | 2 | 2 | 1,175 |
Moving Cost Estimate
EXIT Agents in Scranton
Listing Courtesy: Christian Saunders Real Estate - 8003724222
Presented by: Kyle Savage