Scranton, PA
Commercial Real Estate Market Trends & Data

$178 Avg asking sale price
$517 Avg asking lease rate
64,704 SF Avg unit lease size
17,130 SF Avg building size for sale
7.82% Average cap rate

Scranton's Demographic Profile

Scranton has 30,019 households and a median income of $47,599, providing context for rent absorption and tenant demand across retail and multifamily assets. A -1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 75,947
# Households 30,019
Median age 38
Median household income $47,599
Avg household size 2.0
Renter-occupied housing units 16,115
5-year population change -1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Scranton, PA

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Scranton $150 14,057 SF 9.00%
Dunmore $116 6,561 SF 7.34%
Moosic $163 10,800 SF 9.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Scranton $142 13,411 SF
Dunmore $105 12,438 SF
Throop $137 6,865 SF
Dickson City $168 6,886 SF
Moosic $107 7,800 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Scranton $155 22,102 SF 9.67%
Dunmore $240 27,023 SF 9.56%
Olyphant $167 10,694 SF 7.00%

Commercial Properties For Sale in Scranton

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Dollar General

Olyphant, PA 18447

  • 10,669 SF Retail Building
  • 6.75% Cap Rate
  • $2,148,133
For Sale

1346 N Washington Ave

Scranton, PA 18509

  • 2,119 SF Office Building
  • $350,000
For Sale

2601 Birney Ave

Scranton, PA 18505

  • 4,800 SF Retail Building
  • 7.16% Cap Rate
  • $469,900
For Sale

1365 Wyoming Ave

Scranton, PA 18509

  • 1,714 SF Retail Building
  • $299,900
For Sale

Brand New Duplex in Scranton

Scranton, PA 18505

  • 3,080 SF Multifamily
  • 9.67% Cap Rate
  • $425,000
For Sale

New Build: 2 Duplexes(4 units) in Scranton

Scranton, PA 18510

  • 3,928 SF Multifamily
  • 9.56% Cap Rate
  • $822,500

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Scranton pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Scranton $178 17,130 SF
Dunmore $136 17,691 SF
Throop $164 8,968 SF
Dickson City $181 7,763 SF
Moosic $156 21,356 SF

Multifamily Properties For Sale in Scranton

For Sale

1513-1515 Vine St

Scranton, PA 18510

  • 9,080 SF Multifamily
  • $1,999,995

Regional Demographic Comparison

This comparison places Scranton alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Scranton or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Scranton 75,947 30,019 38 $47,599 2 16,115 -1%
Dunmore 13,210 5,614 41 $68,983 2 2,393 -3%
Throop 3,989 1,749 44 $47,372 2 473 -1%
Moosic 5,725 2,543 49 $81,512 2 660 -2%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Scranton, PA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Scranton

View All Commercial Real Estate For Sale in Scranton
Is Scranton a good market for a first-time commercial real estate investor?

Scranton offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Scranton?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Scranton. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Scranton?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Scranton. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Scranton compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Scranton. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Scranton acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Scranton, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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