For sale

$1,125,000

17,000 SF building1 acre lot

164 S Main StreetCarbondale, PA 18407

Multifamily property · MLS 12032629 · Listed 19 days ago (Oct 17, 2026)

Report a problem

Active: Listed and available according to the MyStateMLS feed.

About this property

SHOVEL-READY MULTIFAMILY REDEVELOPMENT OPPORTUNITY Downtown Carbondale, Pennsylvania Prime redevelopment opportunity in Carbondale's Downtown Main Street District. This project is fully entitled and shovel-ready, with residential zoning approved, architectural and MEP plans completed, and permits approved, allowing a developer to move directly toward construction without the lengthy entitlement and design process. The property is designed and approved for 17-24 residential units (Group R-2 Multifamily), with flexible layouts suitable for market-rate or workforce housing. PROJECT HIGHLIGHTS • Shovel-ready multifamily development • Residential zoning approved • Approved for 17-24 residential units • Architectural and schematic plans completed • MEP plans completed and ready for construction • UCC / IBC-2018 compliant permits approved • Utilities and infrastructure on site • Prime Downtown Main Street location • Convenient access to shops, employers, services, and public transportation • Flexible residential configuration with significant redevelopment upside • Opportunity to save substantial time and pre-development costs by acquiring an already entitled project IDEAL FOR Developers, builders, investors, and multifamily operators seeking a ready-to-build residential project with strong upside in Northeastern Pennsylvania. With zoning, design, engineering, and permitting already completed, a new owner can focus on construction, lease-up, and execution rather than entitlement risk. Offered at $1,125,000 | Buyer Broker Commission: 3%

Description provided by the listing brokerage.

Key facts

Asking price
$1,125,000
Status
For sale
Property type
MultifamilyFrom the MLS property class
Building area
17,000 SFSource field LivingArea
Land area
1 acreSource field LotSizeAcres
MLS number
12032629

Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.

Price

Asking price
$1,125,000
Price per SF of building
$66/SFAsking price ÷ 17,000 SF reported building area
Annual taxes
$15,000

Building and site

Units
24From the listing description
Stories
2
Reported zoning
Multi-FamilyAs reported by the listing. Confirm permitted uses for your plans with the local zoning authority.
County
Lackawanna County

Reported features

  • Accessibility features reported (from a listing field)
  • Near public transit (from a listing field)
  • Public water (from a listing field)
  • Parking reported (from a listing field)

A mention is not a specification. Confirm power, clear height, doors, parking and code compliance for your use with the listing representative and your own advisers.

Listing details

Water

  • Public (Water Source)

Sewer

  • Other

Location

The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Carbondale or multifamily property in Carbondale.

Why this listing is on Commercial Only

  • Multi-unit income property class. (PropertyTypeDetail: multi-unit)

How listings qualify. Something wrong? Report it.

Price and status history

    Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.

    Guides

    Listing courtesy of OB INTERNATIONAL REAL ESTATE and OB & WISE PROPERTY MANAGEMENT. Listing agent: Ofra Beigel. Listings provided by MyStateMLS.

    Listing last modified at the source Oct 17, 2026, 9:03 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 5, 2026, 3:31 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.