121 E 123 Lackawanna Street, Olyphant, PA 18447
Lackawanna County
Key Facts
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.
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Structure Type
Mixed Use
Year Built
1940
Living Area
3,850 sq ft
Lot Size
0.15 acres
Lot Dimensions
45X150
Zoning
C
MLS® Listing#
SC263190
Property Features
Cooling
Heating
Flooring
Parking
Lot Features
Construction
Community
Sewer
Water Source
Financial Details
Annual Taxes
$7,438
Tax year 2025
Assessed Value
$30,000
Parcel Number
11410040002
Directions
Coming from Dickson City, turn onto Lackawanna. Building on your right. Coming from Throop/Olyphant. Turn onto Lackawanna. Building on your left.
Affordability Calculator
$55,540
Estimated monthly payment
$1,478/mo
Principal $222,160 · Est. interest $309,933 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Olyphant, PA
- $300,000
- Median Listing Price
- 43
- Median Days on Market
- 1,400
- Median Sq Ft
- $165
- Median Price / Sq Ft
- 5
- Active Listings
- This home’s price is 7% below the area median.
- Its price per sq ft is 56% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Olyphant, PA.
Location
Points of Interest in Olyphant, PA
Showing the Olyphant area map.
Nearby Schools
Valley View Intermediate School
Elementary · 1.1 mi away
Valley View School District
Secondary · 1.2 mi away
Valley View High School
Secondary · 1.2 mi away
Valley View Elementary School
Elementary · 1.2 mi away
La Salle Academy
School · 1.5 mi away
The Edison Early Learning Center
School · 2.3 mi away
Saint Marys School
School · 2.8 mi away
Lasalle Academy
School · 2.9 mi away
Mid Valley Secondary Center
Secondary · 3.4 mi away
Mid Valley School District
School · 3.4 mi away
Mid Valley Elementary School
Elementary · 3.6 mi away
Commonwealth Connection Academy
School · 3.6 mi away
Lakeland Elementary School
Elementary · 4.1 mi away
New Story School
School · 4.3 mi away
Summit Christian Academy
School · 4.4 mi away
Lakeland School District
School · 4.7 mi away
Lakeland High School
Secondary · 4.7 mi away
Lakeland Elementary School
Elementary · 4.7 mi away
Lackawanna County Area Vocational-Technical School Authority
Secondary · 4.8 mi away
Psychological Services Center
School · 5.3 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 |
|---|---|---|---|---|
| 125 W Lackawanna Avenue, Olyphant, PA | $196,999 | — | — | 2,680 |
| 918 N Valley Avenue, Olyphant, PA | $214,900 | 3 | 1 | 1,160 |
| 834 E Scott Street, Olyphant, PA | $248,000 | 4 | 2 | 1,500 |
| 612 Sanderson Avenue, Olyphant, PA | $269,000 | 3 | 2 | 1,027 |
Moving Cost Estimate
EXIT Agents in Olyphant
Listing Courtesy: LUXE Homes Real Estate LLC - 5708185040
Presented by: Casie Lynott