116 Salem Ave, Carbondale, PA 18407

bedrooms 52
bathrooms 30
|Other
NZD $1,433,466
USD $795,000
Published on: 13 Oct 2026
Last updated on: 30 Oct 2026
116 Salem Ave, Carbondale, PA 18407
116 Salem Ave, Carbondale, PA 18407
116 Salem Ave, Carbondale, PA 18407
  • 3
Property ID: 110120516676
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Residential, Carbondale, PA

116 Salem Ave, Carbondale, PA 18407
FULLY ENTITLED, SHOVEL-READY MULTIFAMILY 116 Salem Avenue, Carbondale, PA | 26 Approved Units | $795,000 Skip the approval process. This former school property in downtown Carbondale is zoning approved for 26 residential units and mixed-use redevelopment, with a special exception for parking and architectural plans in hand. At roughly $30,600 per approved unit, it offers one of the most efficient entry points into multifamily development in Northeastern Pennsylvania. Property Highlights - 26 approved residential units plus mixed-use potential - Approx. 32,272 SF existing building on a 43,000 SF site - Three contiguous parcels with frontage on Salem Ave, Spring St and Prince St - 49 on-site parking spaces with approved parking exception - Prominent, high-visibility corner with multiple access points - Architectural plans available The former school layout lends itself naturally to residential conversion, with space for common areas, storage and resident amenities. The location offers access to the Scranton/Wilkes-Barre region, major transportation corridors and growing regional employment. Offered at $795,000 Buyer Broker Commission: 3%

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Building Size
2,926.45 m2
Rooms
52 bedroom(s), 30 bathroom(s)
Architecture Style
Other
Num Floors
3
County
Lackawanna
Provider
My State MLS
Brokerage Office Name
OB INTERNATIONAL REAL ESTATE
Brokerage Office Phone
646-844-4172
Address
116 Salem Ave, Carbondale, PA 18407
Contact Agent
Ofra Beigel
OB INTERNATIONAL REAL ESTATE and OB & WISE PROPERTY MANAGEMENT
120 West 45th Street Suite 700, NY, NY 10036
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Ofra Beigel
120 West 45th Street Suite 700, NY, NY 10036
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      Property ID: 110120516676

      Original Property ID: 3yd-NYSMLS-12023874
      Data provided by My State MLS, MLS #: 12023874
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