Marla Cohen

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968 Prescott AvenueScranton, PA 18510

Commercial · 4,475 Sq. ft. | 0.22 Acres
$550,000 Active

968 Prescott Avenue Overview

Time on Site:
72 days
Visits:
13

Premier redevelopment opportunity with architectural presence.Positioned n a highly visible, high traffic location, this former banking institution offers exceptional potential for redevelopment or custom build out. Situated on a desirable commercial corridor, the property benefits from strong exposure and convenient access, making it ideal for variety of business uses. The interior has been fully cleared with floors removed, presenting a blank slate for investors, developers, or owner-users seeking flexibility in design. The existing structure provides solid construction and the unique character of a former institution, offering possibilities for retail, medical, or mixed use conversion. The property includes a dedicated 15 car parking lot, ensuring ample on site parking for staff and customers. Its prime location and and adaptable layout make it a standout opportunity for those looking to create a customized commercial space in a sought after area. Endless potential to reimagine and maximize value, bring your vision and transform this space into your next successful venture.

Listing provided courtesy of Christian Saunders Real Estate C.S. BranchGreater Scranton MLS- MLS# GSBSC261622MLS ProviderContact Information: [email protected] - (800) 372-4222
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968 Prescott Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 4,475
  • Price/Sq.ft. $123
  • Lot 0.22 Acres

Details

General

School Information

  • School District: Scranton

Building Information

  • Year Built: 1965

Location/Region

  • County Or Parish: Lackawanna

Tax Information

  • Tax Annual Amount: 658.81
  • Tax Assessed Value: 30360
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 14618070048
  • Possible Use: Commercial,Residential
  • Property Sub Type: Business
  • Property Type: Commercial Sale
  • Zoning: C1

Interior

Building Interior

  • Building Area Total: 4475

General Information

  • Building Features: Prime Location
  • Electric: 200+ Amp Service
  • Flooring: None,See Remarks
  • Heating: Oil
  • Levels: Two
  • Living Area: 4475
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Accessible Parking,Parking Lot,Attached

Lot Information

  • Lot Features: See Remarks
  • Lot Size Acres: 0.22
  • Lot Size Dimensions: 120X80
  • Water Source: Public

Waterfront/View

  • Waterfront: false

General Information

  • Exterior Features: Other
  • Number Of Units Total: 1
  • Sewer: Public Sewer

968 Prescott Avenue Neighborhood

Community

18510 (Scranton) Demographics

30
Median Age
6,227
Population Density (per sq. mile)
41%
College Educated
$39,497
Estimated Median Income
2,009
Estimated Total Home Owners
3,039
Estimated Total Renters
40% / 60%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

968 Prescott Avenue Market Data

Based on the last 30 days in this zip code

$326,154
Average List Price
$134
Average Price per Square Foot
11
Properties Sold
70
Average Days on Market
22
Properties for Sale
Calculations provided by Reliance Network

968 Prescott Avenue History

Date Event Value Agent
6/13/2026Source: Greater Scranton MLS Price Reduction
$550,000 -8.3%
5/27/2026Source: Greater Scranton MLS Status Change
Active
4/25/2026Source: Greater Scranton MLS Status Change
Pending
4/19/2026Source: Greater Scranton MLS Added to Database
April 19, 2026