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222 Wyoming Avenue, Scranton, PA 18503

$2,595,000
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Property Type: Commercial Sale Baths: 6 Square Footage: 27,000 Status: Active
Current Price: $2,595,000 List Date: 12/13/2025 Last Modified: 12/13/2025

Description

An exceptional opportunity to own a piece of Scranton history. The iconic Ritz Theater, prominently located at 222 Wyoming Avenue in the heart of downtown Scranton, offers timeless architectural character and endless artistic (and revenue generating) potential. This magnificent building has hosted the likes of Harry Houdini, Lucille Ball, and is currently a hub of activity in the downtown.

Supplements: This well-known performance venue features a striking façade, soaring interior volumes, and original design elements that reflect the grandeur of early 20th-century theater architecture. The property's flexible layout and generous square footage make it ideal for a variety of uses, including live entertainment, bar and restaurant location, event space, boutique cinema, mixed-use development, creative offices, or destination retail. Situated along bustling Wyoming Avenue, the property benefits from high visibility, strong pedestrian traffic, and proximity to restaurants, government offices, universities, and regional attractions. Its central location places it minutes from major highways and is a short 2 hour drive to both New York City and Philadelphia. The Ritz Theater presents a rare investment opportunity for developers, investors, or owner-users seeking a signature property with historical significance and downtown presence.

More Information MLS# 25-6236

Listing Information

For Sale: Y Limited Service: No Current Price: $2,595,000 List Price: $2,595,000 List Date: 2025-12-12

Property Information

Realtor.COM Type: Commercial SqFt Office: 0 SqFt Warehouse: 0 SqFt Other: 27000 Lot Size: 80x160 Garage Stalls: 0 Year Built Age: 100 Plus Yrs Acreage Range: Up to 1 Acre # Spaces Off-Street: 0 # of Docks: 0 Environmental Survey: N Property Sub Type: Mixed Use Aprx Total SF: 27000 Year Built: 1907 Total Bathrooms: 6

Location, Tax & Legal

Zoning: Commercial PIN#: 15627020007 DB/Record Book: 2023 Page: 18709 Appeal Pending: No Total County Assmnt: 84000 Est County Tax: 7558.32 Est Total Tax: 36192.1 House # (1): 222 Street Name: Wyoming Street Suffix: Avenue City (Post Office): Scranton State/Province: PA Zip Code: 18503 MLS Area: Misc Out of County County: Lackawanna Municipality: Scranton City Develop/Subdivision: None School District: Other - See Remarks

Remarks & Directions

Included: Liquor license, Some restaurant equipment, some A/V equipment (seller to provide inventory list) Excluded: Tenants / owners personal items Hot Sheet Comment: new

Income & Expenses

Sewer Exp: 7800 Water Exp: 7800 Electric Exp: 36000 Gas Exp: 4800 R.E. Tax Expense: 36192 Fire Liab Ins Exp: 15035

Heat Fuel Type

Electric: 1 Gas: 1

Heat Type

Forced Air: 1

Condition

Good: 1

AC Type

Central: 1

Hot Water

Electric: 1 Gas: 1

Water

Public: 1

Exterior

Brick: 1 Dryvit: 1 Wood: 1 Other - See Remarks: 1

Sewer

Public: 1

Roof

Rolled: 1

Property Features

Basement: 1 Display Window: 1 Elevator(s): 1 Established Business: 1 Exterior Lighting: 1 Exterior Signage: 1 Fire Alarm: 1 Freezer Space: 1 Handicap Features: 1 High Traffic Area: 1 Prime Location: 1 Rest Rooms: 1 Smoke/Fire Alarm: 1

Present Use

Business: 1 Commercial: 1 Restaurant: 1 Retail: 1 Other - See Remarks: 1

Ceiling Height

9'1' to 10': 1 10'1' to 11': 1 11'1' to 12': 1 30' 1'+: 1

Included in Sale

Land: 1 Building: 1 Equipment: 1 Existing Leases: 1 Liquor License: 1 Trade/Business Name: 1

Electrical Service

3 Phase Electric: 1

Remarks Directions

Directions: Wyoming Ave downtown Scranton

Status Change Information

Status: Active

Property Features

Heat Fuel Type: Electric; Gas Heat Type: Forced Air AC Type: Central Hot Water: Electric; Gas Water: Public Sewer: Public Exterior: Brick; Dryvit; Wood; Other - See Remarks Condition: Good Roof: Rolled Property Features: Basement; Display Window; Elevator(s); Established Business; Exterior Lighting; Exterior Signage; Fire Alarm; Freezer Space; Handicap Features; High Traffic Area; Prime Location; Rest Rooms; Smoke/Fire Alarm Present Use: Business; Commercial; Restaurant; Retail; Other - See Remarks Ceiling Height: 9'1' to 10'; 10'1' to 11'; 11'1' to 12'; 30' 1'+ Included in Sale: Land; Building; Equipment; Existing Leases; Liquor License; Trade/Business Name Electrical Service: 3 Phase Electric
Listing Office: Lewith & Freeman, Kingston
Listing Agent: Carmen Winters
Last Updated: December - 13 - 2025
Information deemed reliable but not guaranteed.

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Specializing in residential and commercial sales, McDermott & McDermott Real Estate, Inc. services also include investment sales and property management. We are actively involved in turning the many bank-owned foreclosures back over to the hands of our communities.


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