$1,595,000
Wilkes-Barre, PA 18701
MLS# 18-6320
Status: Closed
11 baths | 94768 sqft
1 / 36
Property Description
Fantastic Brick and Mortar investment opportunity in Downtown Wilkes Barre !! Two multistory Buildings situated on approx. 2.6 level acres containing 90000+/- square feet of usable space. Both buildings offer elevators, multiple covered loading docks, shared paved parking for over 200 cars. Building 1 offers 25000 sqft per floor with ample offices located on the 2nd floor , and building 2 offers
Details
Listing Information
For Sale: Y
Current Price: $1,595,000
List Price: $1,595,000
List Date: 2018-12-03
Property Information
Realtor.COM Type: Commercial
SqFt Office: 50768
SqFt Warehouse: 44000
Lot Size: 311x176x131x307x181x507
Garage Stalls: 10 or More
Year Built Age: 76 - 100 Yrs
# Acres: 2.6
Acreage Range: 1+ - 3 Acres
# Spaces Off-Street: 223
# of Docks: 26
Environmental Survey: N
Aprx Total SF: 94768
Total Bathrooms: 11
Location, Tax & Legal
Zoning: Other - See Remarks
PIN#: H10SW1024008, 07,05,01,06,09
DB/Record Book: see remarks
Page: see remarks
Appeal Pending: No
Total County Assmnt: 1608800
Est County Tax: 9613
Est Total Tax: 70439
House # (1): 64 - 90
Street Direction Pfx: E
Street Name: Union
Street Suffix: Street
City (Post Office): Wilkes-Barre
State/Province: PA
Zip Code: 18701
MLS Area: Wilkes Barre
County: Luzerne
Municipality: Wilkes Barre City
Develop/Subdivision: None
School District: Wilkes-Barre
Remarks & Directions
Hot Sheet Comment: price
Income & Expenses
Cash Flow Stmt Avail: Yes
Rental P/SF Gross: 222548
Annual Gross Inc: 222548
Annual Tot Expenses: 143977
Heat Fuel Type
Gas: 1
Heat Type
Forced Air: 1
Hot Water Radiator: 1
Space Heater: 1
Condition
Good: 1
AC Type
Central: 1
Hot Water
Gas: 1
Htd by Boiler/Furnace: 1
Water
Public: 1
Exterior
Block: 1
Brick: 1
Sewer
Public: 1
Roof
Built-Up: 1
Property Features
Basement: 1
Conference Room: 1
Drive In Door: 1
Elevator(s): 1
Exterior Lighting: 1
Exterior Signage: 1
Fencing: 1
Fire Alarm: 1
Freezer Space: 1
Freight Elevator: 1
Garage Bays: 1
High Traffic Area: 1
Loading Docks: 1
People Elevator: 1
Prime Location: 1
Refrigerated Space: 1
Rest Rooms: 1
Smoke/Fire Alarm: 1
Sprinkler System: 1
Storage - Inside: 1
Storage - Outside: 1
Present Use
Business: 1
Commercial: 1
Heavy Industry: 1
Professional Offices: 1
Vacant: 1
Warehouse: 1
Wholesale: 1
Ceiling Height
13'1' to 14': 1
Included in Sale
Land: 1
Building: 1
Existing Leases: 1
Overhead Doors
12'1 to 13': 1
Electrical Service
3 Phase Electric: 1
200-399 Amps: 1
800-1599 Amps: 1
Other - See Remarks: 1
Remarks Directions
Directions: From 309, Exit 2 to W-B Blvd, right on Scott St., left onto N. Pennsylvania Ave., Right onto Union St., property located along entire first block of Union St. along right hand side.
Status Change Information
Status: Closed
Under Contract Date: 2019-05-09
Sold Date: 2019-10-22
Property Features
Heat Fuel Type: Gas
Heat Type: Forced Air; Hot Water Radiator; Space Heater
AC Type: Central
Hot Water: Gas; Htd by Boiler/Furnace
Water: Public
Sewer: Public
Exterior: Block; Brick
Condition: Good
Roof: Built-Up
Property Features: Basement; Conference Room; Drive In Door; Elevator(s); Exterior Lighting; Exterior Signage; Fencing; Fire Alarm; Freezer Space; Freight Elevator; Garage Bays; High Traffic Area; Loading Docks; People Elevator; Prime Location; Refrigerated Space; Rest Rooms; Smoke/Fire Alarm; Sprinkler System; Storage - Inside; Storage - Outside
Present Use: Business; Commercial; Heavy Industry; Professional Offices; Vacant; Warehouse; Wholesale
Ceiling Height: 13'1' to 14'
Included in Sale: Land; Building; Existing Leases
Overhead Doors: 12'1 to 13'
Electrical Service: 3 Phase Electric; 200-399 Amps; 800-1599 Amps; Other - See Remarks
Supplements
11000 sqft per floor on 4 floors, totaling 44000 sqft. Both buildings also have large usable basements. Zoned C4 for Heavy Commercial use. Enormous upside potential exists with this "Fantastic Downtown Wilkes Barre Opportunity"! Easy walking distance to all of the downtown businesses and amenities, including 2 center city colleges !! Price upon request to separate buildings.
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Listing Office: Berkshire Hathaway HomeServices Poggi, REALTORS Back Mtn
Listing Agent: Kimberly Schwartz
Last Updated: September - 15 - 2024
Information deemed reliable but not guaranteed.