Old Forge, Pennsylvania Commercial Real Estate 1 Listing

Old Forge, Pennsylvania: A Premier Destination for Commercial Real Estate

Introduction

Old Forge, Pennsylvania, though a small town, holds significant appeal for commercial real estate (CRE) investors. Known historically as the "Pizza Capital of the World," Old Forge is situated in Lackawanna County and benefits from its proximity to Scranton, a larger urban center. The town's strategic location and robust local economy, primarily driven by manufacturing and logistics, make it an attractive hub for various commercial property types.

Economic and Industry Overview

Old Forge's economy is supported by a blend of manufacturing, logistics, and small-scale retail businesses. The town's proximity to Scranton enhances its commercial appeal, providing businesses with access to a larger metropolitan workforce and consumer base. Key industries include:

Manufacturing: Contributing significantly to local employment and demand for industrial spaces.
Logistics: Its strategic location near major highways supports warehousing and distribution facilities.
Retail: Local businesses benefit from tourism linked to Old Forge’s unique culinary reputation.

The Lackawanna County Department of Planning and Economic Development supports CRE initiatives and offers resources for business growth.

Strategic Location and Transportation Infrastructure

Old Forge is strategically located near major transportation networks, which enhances its commercial real estate prospects:

Highways: Access to I-81 and I-476 facilitates easy transportation of goods and commuting.
Airports: The Wilkes-Barre/Scranton International Airport provides regional and national connectivity.
Rail Lines: Freight rail services support the town’s industrial sector.

These logistical advantages make Old Forge an ideal location for distribution and manufacturing operations. For more information, visit the Pennsylvania Department of Transportation website.

Commercial Real Estate Inventory & Zoning

Old Forge offers diverse CRE submarkets:

Industrial Corridors: Ideal for manufacturing and logistics operations.
Retail Spaces: Centered around local commerce and tourism.
Office Spaces: Opportunities for small to medium enterprises.

Recent zoning changes encourage mixed-use developments and have introduced incentives for developers. Old Forge’s zoning maps and parcel viewers can be accessed through the Lackawanna County GIS Portal.

Major Employers and Institutions

The commercial landscape is influenced by several key employers and institutions:

Top Employers: Include manufacturing firms and logistics companies.
Educational Institutions: Nearby universities in Scranton contribute to a skilled labor pool.

For more insights, check out the Lackawanna County Business Directory.

Notable Commercial Developments & Projects

Old Forge is witnessing several notable developments:

Mixed-Use Projects: Combining retail, office, and residential spaces.
Opportunity Zones: Offering tax incentives for investors.

Public-private partnerships are also fostering economic growth. For planning details, visit the Old Forge Planning Department.

Building Permits, Planning, and Development Tools

Key resources for developers in Old Forge include:

Market Data & Economic Reports

Access valuable data sets to inform investment decisions:

Census Data for demographic insights.
Old Forge Economic Reports

Brevitas leverages AI-powered aggregation from public data and internal insights, providing comprehensive market understanding. Explore our Brevitas-powered dashboards for in-depth analysis.

Why Use Brevitas for Old Forge, Pennsylvania CRE?

Brevitas offers unparalleled tools and features for CRE professionals:

AI-Driven CRE Discovery: Advanced search capabilities tailored to your needs.
Real-Time Market Alerts: Stay updated with the latest opportunities.
Smart Property Pages: Detailed listings with comprehensive data.
Dealroom Collaboration: Facilitate seamless transactions.

Unique features include:

Auto-Generated Listing Pages
Email and Landing Page Tools
Integration with Brokers and Developers
Exclusive Listings and Premium Exposure

Brevitas is committed to being your go-to CRE marketplace in Old Forge, Pennsylvania, offering a suite of tools to optimize your investment strategies.