About This Home

This 0-bedroom, 0-bathroom commercial at 121 E 123 Lackawanna Street in Olyphant, PA is listed for $277,700 ($72 per sqft). Built in 1940, the home offers 3,850 sqft of living space on a 0.15 acres lot.

Key Features

  • Built in 1940
  • 0.15 acre lot
  • 2 stories

Property Details

2 stories
1940

Amenities

HardwoodA/C
Listing Description

TURN POTENTIAL INTO PROFIT!Unlock the potential for this 5-unit investment opportunity.This mixed-use commercial property is packed with opportunity for investors, entrepreneurs, or developers looking to create long-term value. The first floor features two storefronts, including one beautifully remodeled, turnkey space operating as a successful dog-grooming business complete with vinyl flooring and central A/C.

The second commercial first-floor space is ready for your vision to come alive with its high ceilings and blank canvas to be finished.The remainder of the building is being taken down to the studs, offering a blank canvas to complete the renovation that has been started.

Upstairs, there is the potential for three apartments, showcasing exposed brick walls, skylights, and endless character.With rear parking, strong income-producing potential, and significant upside once completed, this property presents an outstanding opportunity to build equity and maximize your investment.

Bring your ideas and transforms these spaces into a thriving destination! Located in Olyphant's main hub, you will also enjoy plenty of foot traffic, shopping, and Olyphant's Third Thursdays, which is a delightful downtown block party featuring all our amazing businesses which run from May through November.Check out current comps, rents, and real estate values and you will see the enormous potential for this property to add value once completed.Building only for sale. Dog-grooming business not included in sale.

Monthly Cost Estimate

$1,485/mo

20% down · 6.5% · 30 years

Principal$201
Interest$1,203
Insurance$81

Estimates only. Actual payments may vary.

Location

121 E 123 Lackawanna Street

Olyphant, PA 18447

Property Details

Flooring

WoodHardwoodVinylCarpetVaries

Construction

Brick

Parking

On StreetAlleyOff Street

Heating

Natural Gas

Cooling

Central AirCeiling Fan(s)Varies by Unit

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 121 E 123 Lackawanna Street is listed at $277,700 ($72/sqft). The estimated monthly payment is $1,485 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1940, 0.15 acre lot, 2 stories.

This property is listed by Casie Lynott.

CL

Casie Lynott

Agent at Luxe Homes Real Estate LLC

Listed by Luxe Homes Real Estate LLC · Broker phone: (570) 818-5040 · Broker website

MLS# SC263190· Source: Greater Scranton Board of Realtors MLS· 118 days on PropertySimple

Copyright © 2026 Greater Scranton Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

121 E 123 Lackawanna Street, Olyphant, PA 18447

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