615-617 Charles Street Throop, PA $ 699,000
615-617 Charles Street
$ 699,000
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615-617 Charles Street

Throop, PA, 18512
$ 699,000
Bedrooms-- Baths-- Sq 8,415

Monthly Estimate*

$ 4,304

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Commercial Property for sale in Throop, PA

for $699,000. This 8,415 square foot building was built in 1960 on a lot size of 0.32.

Prime mixed-use investment opportunity featuring a well-maintained building with one commercial storefront, two garages, and three fully updated residential apartments. Each unit has been modernized with contemporary finishes, offering strong tenant appeal and minimal maintenance concerns. The property is fully occupied, providing immediate and stable cash flow with a gross annual income of $85,000.The commercial space offers excellent visibility and flexibility for a variety of business uses, while the residential units feature updated kitchens, baths, and mechanicals. Additional income from the two garages enhances overall returns. Ideal for investors seeking a turnkey property with a solid rental history and upside potential in a growing market.

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Commercial Active

Price

$ 699,000

Property Type

Commercial

Taxes

$ 4,468

Style

Mixed Use,Warehouse

Lot Size

0.32

Year Built

1960

Town/City

Throop

County/Region

Lackawanna

MLS | Web ID

SC261820

Features
General
Living Area 8415
Sewer Public Sewer
Heating Electric Natural Gas
Cooling Central Air Wall Unit(s)
Utilities Electricity Connected Natural Gas Connected Water Connected Sewer Connected
Possession Close Of Escrow
Zoning R2
Year Built 1960
Tenant Pays Electricity See Remarks
Stories Count 2
Levels Two
Property Subtype Mixed Use
Tax Year 2025
Current Use Mixed Use
Gross Income 85440
County Lackawanna
Net Operating Income 74449
Insurance Expense 4772
Property Type Commercial Sale
Possible Use Automotive Office Multi-Family
Status Active
Directions 81 S to exit 188. Take 347 N towards Throop. Left onto Sanderson St. Right onto George St. Property is on the intersection of George St and Charles St.
City Throop
High School District Mid Valley
Zoning Description Residential
Number Of Units Total 6
Tax Annual Amount 4468.36
Property Condition Updated/Remodeled
Additional Parcels Y/N N
Structure Type Mixed Use Warehouse
Standard Status Active
Tax Assessed Value 368570
Taxes 4488
Legal Description 85X85x150x8x8x150 W-02 B-098 L-016 P-015
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Interior
Flooring Carpet Wood Luxury Vinyl Concrete
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Exterior
Parking Features Attached Garage Faces Front
Lot Features Irregular Lot Near Central Business District Level
Water Source Public
Foundation Details Slab
Number of Buildings 1
Building Area Total 8415
Lot Dimensions 85X85X150X8X8X150
Lot Size Acres 0.32
Road Surface Type Asphalt
Road Frontage Type City Street
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* Excluded Features
List By
Levy Realty Group

Broker

mtighe@levyrealtypa.com

Email

Affordability Calculator

$4,676
Per Month
92%
8%
0%
Monthly Principal & Interest
$4,304
Monthly Property Taxes
$372
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
2391618 Elementary School
2391685 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/28/2026$699,000 Listed Price

Map


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615-617 Charles Street, Throop, PA, 18512 is a Commercial Property for sale at $699,000 with 8,415 sqft and a lot size of 0.32. 615-617 Charles Street was built in 1960. The property's zip code is 18512 which is in Throop, PA