216 Lackawanna Avenue Olyphant, PA ^$ 1,450,000

216 Lackawanna Avenue

^$ 1,450,000

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216 Lackawanna Avenue

Olyphant, PA, 18447

^$ 1,450,000

Bedrooms-- Baths-- Sq 18,725

Monthly Estimate*

^$ 9,046

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Commercial Property for sale in Olyphant, PA

for $1,450,000. This 18,725 square foot building was built in 1950 on a lot size of 0.68.

Multi Use property located in downtown Olyphant. Sale includes 2 buildings. Beautiful, well established and successful commercial banquet facility, store front property, deli and 6 rented apartments.Banquet room has seating for 275 people. Paved parking lot for 50+ cars. Sale includes business, equipment, furniture, land and Liquor license. New roof installed over banquet portion of the building 2/2024, .All information approximate not warranted or guaranteed.Flood Insurance required., Ceiling Height: 13' to 16'- Y, No Overhead Door: YAll measurements approx., not warranted

Commercial Active

Price

^$ 1,450,000

Property Type

Commercial

Taxes

^$ 13,352

Style

Mixed Use

Lot Size

0.68

Year Built

1950

Town/City

Olyphant

County/Region

Lackawanna

MLS | Web ID

234956

Features

General

Living Area 18725

Sewer Public Sewer

Heating Natural Gas See Remarks Other

Cooling Central Air

Possession Other See Remarks

Roof Other See Remarks

Zoning C2

Garage Spaces 1

Construction Materials Brick

Year Built 1950

Stories Count 2

Levels One and One Half

Property Subtype Mixed Use

Tax Year 2023

Current Use Mixed Use Retail Residential Office

Business Type Restaurant

Building Name N/A

County Lackawanna

Property Type Commercial Sale

Building Features Equipment Included Public Restrooms Furniture Included Finished Office

Status Active

Directions Coming from Dickson City at the Anchor in Blakely turn right on Lackawanna Ave Property is on the left.

City Olyphant

High School District Mid Valley

Zoning Description Commercial

Number Of Units Total 6

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 13352.27

Additional Parcels Y/N N

Concessions No

Rent Control Y/N N

Virtual Tour https://virtualtours.stevenwallacemedia.com/249313 https://virtualtours.stevenwallacemedia.com/249313

Standard Status Active

Tax Assessed Value 64000

Interior

Basement Unfinished

Flooring Other

Basement (Y/N) Y

Exterior

Parking Features Asphalt Paved

Lot Features Other See Remarks

Water Source Public

Total Parking 50

Building Area Total 18725

Lot Dimensions Confidential

Lot Size Acres 0.68

Road Frontage Type Other

* Excluded Features

List By

C21 Jack Ruddy Real Estate

Broker

houseagent99@yahoo.com

Affordability Calculator

$10,159

Per Month

Monthly Principal & Interest: $9,046
Monthly Property Taxes: $1,113
Monthly Home Insurance: --

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Down Payment

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Olyphant, PA

Average List Price ^$753,000

Percent of Sale Price 48%

About Olyphant, PA

5,311 Population

7% Since 2002

^$44,940 Median Income

43.42 Median Age

20% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2391618 Elementary School

2391685 Middle School

Unknown High School High School

Pricing History

Date	Price	Price Change	Description
11/11/2025	$1,450,000	-3.33%	Price Down
11/13/2023	$1,500,000		Listed Price

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216 Lackawanna Avenue, Olyphant, PA, 18447 is a Commercial Property for sale at $1,450,000 with 18,725 sqft and a lot size of 0.68. 216 Lackawanna Avenue was built in 1950. The property's zip code is 18447 which is in Olyphant, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Multiple Listing Service of The Greater Scranton Board of REALTORS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Multiple Listing Service of The Greater Scranton Board of REALTORS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers'personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/16/2025.

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216 Lackawanna Avenue

Commercial Property for sale in Olyphant, PA

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