Opportunity awaits at 8 W Olive Street, a 2,856-square-foot commercial building situated along a main artery leading into Downtown Scranton. Formerly utilized as part of a community and office facility, this two-story property offers a versatile interior layout featuring multiple individual rooms, common areas, bathrooms, and a second-floor kitchen. The existing configuration provides flexibility for an owner-user, investor, or developer looking to renovate and reposition the property.Located just across the river from the Lackawanna River Heritage Trail pavilion and Scranton High School, the property is also just blocks from Geisinger Commonwealth School of Medicine, major healthcare facilities, and the University of Scranton. Its convenient location provides accessibility to Downtown Scranton, Interstate 81, and surrounding employment centers.The property requires renovation and presents potential for office, professional services, nonprofit, educational, community use, mixed-use, or residential conversion, subject to applicable zoning and municipal approvals.The owner is willing to sell the buildings separately. Buyers may purchase 8 W Olive Street individually or together with the adjoining 12 W Olive Street, offering approximately 5,472 square feet across two separately deeded parcels according to county and MLS records. SC-262917 is the combination listing.
For sale
$119,900
8 W Olive St, Scranton, PA 18508
5beds
2,856sqft
Multi Family
Built in 1910
-- sqft lot
$-- Zestimate®
$42/sqft
$-- HOA
What's special
Second-floor kitchenTwo-story propertyCommon areasVersatile interior layoutMultiple individual rooms
- 3 days
- 645
- 72
Zillow last checked:
Listing updated:
Listed by:
Kyle Savage,
Christian Saunders Real Estate 800-372-4222
Source: GSBR as distributed by MLS GRID,MLS#: SC265432
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Features
- Basement: Unfinished
Interior area
- Total structure area: 2,856
- Total interior livable area: 2,856 sqft
- Finished area above ground: 2,856
- Finished area below ground: 0
Property
Features
- Stories: 2
Lot
- Size: 3,615 Square Feet
- Dimensions: 30 x 120
Details
- Parcel number: 14516020003
- Zoning: Commercial
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1910
Community & HOA
Location
- Region: Scranton
Financial & listing details
- Price per square foot: $42/sqft
- Tax assessed value: $95,790
- Annual tax amount: $2,078
- Date on market: 10/27/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,469/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/27/2026 | Listed for sale | $119,900$42/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,959 +9.3% | $6,000 |
| 2024 | $1,792 | $6,000 |
| 2023 | $1,792 +142.6% | $6,000 |
| 2022 | $739 | $6,000 |
| 2021 | $739 -55.1% | $6,000 |
| 2020 | $1,647 +1.7% | $6,000 |
| 2018 | $1,619 +221.5% | $6,000 |
| 2017 | $504 | $6,000 |
| 2016 | -- | $6,000 |
| 2015 | -- | $6,000 |
| 2007 | -- | $6,000 |
| 2006 | -- | $6,000 |
| 2005 | -- | $6,000 |
| 2004 | -- | $6,000 |
| 2003 | -- | $6,000 |
| 2002 | -- | $6,000 |
| 2000 | -- | $6,000 |
Find assessor info on the county website
Monthly payment
Est. payment





