# 8 & 12 W Olive Street, Scranton, PA 18508 > **TL;DR:** 10bd/5ba residential multi family, $299,900 ($55/sqft), built 1930, 5,472 sqft. Est. $1,603/mo. Listed 102 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $299,900 | | Price/sqft | $55 | | Bedrooms | 10 | | Bathrooms | 5 full | | Square Feet | 5,472 | | Year Built | 1930 | | Lot Size | 3,485 sqft (0.08 acres) | | Stories | 2 | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 102 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,516 | | Estimated Insurance | $87 | | **Total** | **$1,603** | ## Property Highlights - Built in 1930 - 0.08 acre lot - 2 stories ## Description ### Agent Description Two separate buildings situated on two separately deeded parcels create a rare commercial opportunity in the heart of Scranton. Located along a primary corridor leading into Downtown Scranton, this unique offering encompasses approximately 5,472 square feet of commercial space and provides exceptional flexibility for investors, developers, owner-users, or organizations seeking a value-add asset with significant redevelopment potential.Positioned just across the Lackawanna River from the Heritage Trail Pavilion and Scranton High School, the property is also only a few blocks from Geisinger Commonwealth School of Medicine, the University of Scranton, and several major healthcare facilities. This strategic location offers outstanding visibility, accessibility, and proximity to some of the city's largest employment and educational hubs.Previously utilized as a community and office facility, the property may be well suited for professional office space, nonprofit organizations, educational or community service uses, mixed-use development, residential conversion, or other redevelopment opportunities, subject to applicable approvals.The two-building, two-parcel configuration provides flexibility rarely found in today's market. Occupy one building while leasing the other, redevelop both, or hold the property as a long-term investment with multiple future exit strategies.Conveniently located just minutes from Downtown Scranton, Interstate 81, major hospitals, universities, and regional employers, this property is well-positioned for a wide variety of commercial and investment uses.Whether you're searching for a headquarters location, redevelopment project, adaptive reuse opportunity, or a long-term investment, 8 & 12 W. Olive Street offers exceptional upside in one of Scranton's most strategic commercial corridors.Includes Tax Parcels 14516020003 and 14516020004. Seller financing may be available to qualified buyers. Property is located within an AE Flood Zone. ## Location - **Address:** 8 & 12 W Olive Street, Scranton, PA 18508 - **County:** Lackawanna - **Coordinates:** 41.415362, -75.663183 - **Google Maps:** https://www.google.com/maps?q=41.415362,-75.663183 ## Listing Agent - **Name:** Kyle Savage - **Brokerage:** Christian Saunders Real Estate - **Broker Phone:** (570) 947-3292 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/8-and-12-W-Olive-St_Scranton_PA_18508_M91510-18576?f=listhub&s=GSBRPA&m=SC263586&c=propsimple) ## Photos ![8 & 12 W Olive Street - Photo 1](http://lh.rdcpix.com/5b5cc18de1ae6ee0e9781adece259ebal-f1623876937r.jpg) ![8 & 12 W Olive Street - Photo 2](http://lh.rdcpix.com/5b5cc18de1ae6ee0e9781adece259ebal-f3102817122r.jpg) ![8 & 12 W Olive Street - Photo 3](http://lh.rdcpix.com/5b5cc18de1ae6ee0e9781adece259ebal-f1391298883r.jpg) ![8 & 12 W Olive Street - Photo 4](http://lh.rdcpix.com/5b5cc18de1ae6ee0e9781adece259ebal-f3222932220r.jpg) ![8 & 12 W Olive Street - Photo 5](http://lh.rdcpix.com/5b5cc18de1ae6ee0e9781adece259ebal-f1088969818r.jpg) ![8 & 12 W Olive Street - Photo 6](http://lh.rdcpix.com/5b5cc18de1ae6ee0e9781adece259ebal-f149846356r.jpg) ![8 & 12 W Olive Street - Photo 7](http://lh.rdcpix.com/5b5cc18de1ae6ee0e9781adece259ebal-f1668161464r.jpg) ![8 & 12 W Olive Street - Photo 8](http://lh.rdcpix.com/5b5cc18de1ae6ee0e9781adece259ebal-f3630302828r.jpg) ![8 & 12 W Olive Street - Photo 9](http://lh.rdcpix.com/5b5cc18de1ae6ee0e9781adece259ebal-f728421818r.jpg) ![8 & 12 W Olive Street - Photo 10](http://lh.rdcpix.com/5b5cc18de1ae6ee0e9781adece259ebal-f876904334r.jpg) ![8 & 12 W Olive Street - Photo 11](http://lh.rdcpix.com/5b5cc18de1ae6ee0e9781adece259ebal-f3421093926r.jpg) ![8 & 12 W Olive Street - Photo 12](http://lh.rdcpix.com/5b5cc18de1ae6ee0e9781adece259ebal-f1472088019r.jpg) ![8 & 12 W Olive Street - Photo 13](http://lh.rdcpix.com/5b5cc18de1ae6ee0e9781adece259ebal-f2319038828r.jpg) ![8 & 12 W Olive Street - Photo 14](http://lh.rdcpix.com/5b5cc18de1ae6ee0e9781adece259ebal-f677779115r.jpg) ![8 & 12 W Olive Street - 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Photo 45](http://lh.rdcpix.com/5b5cc18de1ae6ee0e9781adece259ebal-f1221986971r.jpg) ![8 & 12 W Olive Street - Photo 46](http://lh.rdcpix.com/5b5cc18de1ae6ee0e9781adece259ebal-f235888753r.jpg) ![8 & 12 W Olive Street - Photo 47](http://lh.rdcpix.com/5b5cc18de1ae6ee0e9781adece259ebal-f1439413690r.jpg) ![8 & 12 W Olive Street - Photo 48](http://lh.rdcpix.com/5b5cc18de1ae6ee0e9781adece259ebal-f1482408644r.jpg) ![8 & 12 W Olive Street - Photo 49](http://lh.rdcpix.com/5b5cc18de1ae6ee0e9781adece259ebal-f3075436415r.jpg) ![8 & 12 W Olive Street - Photo 50](http://lh.rdcpix.com/5b5cc18de1ae6ee0e9781adece259ebal-f125642274r.jpg) ![8 & 12 W Olive Street - Photo 51](http://lh.rdcpix.com/5b5cc18de1ae6ee0e9781adece259ebal-f4167807303r.jpg) ![8 & 12 W Olive Street - Photo 52](http://lh.rdcpix.com/5b5cc18de1ae6ee0e9781adece259ebal-f1832178378r.jpg) ![8 & 12 W Olive Street - Photo 53](http://lh.rdcpix.com/5b5cc18de1ae6ee0e9781adece259ebal-f1721555308r.jpg) ![8 & 12 W Olive Street - Photo 54](http://lh.rdcpix.com/5b5cc18de1ae6ee0e9781adece259ebal-f3571175431r.jpg) ![8 & 12 W Olive Street - Photo 55](http://lh.rdcpix.com/5b5cc18de1ae6ee0e9781adece259ebal-f1133341529r.jpg) ![8 & 12 W Olive Street - Photo 56](http://lh.rdcpix.com/5b5cc18de1ae6ee0e9781adece259ebal-f1226044641r.jpg) ![8 & 12 W Olive Street - Photo 57](http://lh.rdcpix.com/5b5cc18de1ae6ee0e9781adece259ebal-f1385130078r.jpg) ![8 & 12 W Olive Street - Photo 58](http://lh.rdcpix.com/5b5cc18de1ae6ee0e9781adece259ebal-f3688929307r.jpg) ![8 & 12 W Olive Street - Photo 59](http://lh.rdcpix.com/5b5cc18de1ae6ee0e9781adece259ebal-f1531089699r.jpg) ![8 & 12 W Olive Street - Photo 60](http://lh.rdcpix.com/5b5cc18de1ae6ee0e9781adece259ebal-f407504533r.jpg) ![8 & 12 W Olive Street - Photo 61](http://lh.rdcpix.com/5b5cc18de1ae6ee0e9781adece259ebal-f366279992r.jpg) ![8 & 12 W Olive Street - Photo 62](http://lh.rdcpix.com/5b5cc18de1ae6ee0e9781adece259ebal-f1081936711r.jpg) --- **MLS#:** SC263586 | **Updated:** 2026-10-29 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/8-12-w-olive-street-scranton-pa-18508-70e9d27a8c4f4272b027bcdf4f1aaa7c) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/8-12-w-olive-street-scranton-pa-18508-70e9d27a8c4f4272b027bcdf4f1aaa7c#listing", "url": "https://www.propertysimple.ai/listing/8-12-w-olive-street-scranton-pa-18508-70e9d27a8c4f4272b027bcdf4f1aaa7c", "name": "8 & 12 W Olive Street, Scranton, PA 18508", "description": "Two separate buildings situated on two separately deeded parcels create a rare commercial opportunity in the heart of Scranton. Located along a primary corridor leading into Downtown Scranton, this unique offering encompasses approximately 5,472 square feet of commercial space and provides exceptional flexibility for investors, developers, owner-users, or organizations seeking a value-add asset with significant redevelopment potential.Positioned just across the Lackawanna River from the Heritage Trail Pavilion and Scranton High School, the property is also only a few blocks from Geisinger Commonwealth School of Medicine, the University of Scranton, and several major healthcare facilities. This strategic location offers outstanding visibility, accessibility, and proximity to some of the city's largest employment and educational hubs.Previously utilized as a community and office facility, the property may be well suited for professional office space, nonprofit organizations, educational or community service uses, mixed-use development, residential conversion, or other redevelopment opportunities, subject to applicable approvals.The two-building, two-parcel configuration provides flexibility rarely found in today's market. Occupy one building while leasing the other, redevelop both, or hold the property as a long-term investment with multiple future exit strategies.Conveniently located just minutes from Downtown Scranton, Interstate 81, major hospitals, universities, and regional employers, this property is well-positioned for a wide variety of commercial and investment uses.Whether you're searching for a headquarters location, redevelopment project, adaptive reuse opportunity, or a long-term investment, 8 & 12 W. Olive Street offers exceptional upside in one of Scranton's most strategic commercial corridors.Includes Tax Parcels 14516020003 and 14516020004. Seller financing may be available to qualified buyers. 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