$4,900,000
Wilkes-Barre, PA 18701
MLS# 24-1385
Status: Closed
10 baths | 87460 sqft
1 / 10
Property Description
Union St Complex, a mixed use property, is strategically located at the intersection of East Union and North Pennsylvania Ave. 90 E Union is currently 36.5% occupied with long term leases. The balance of the property is vacant and has endless possibilities. The seller has preliminary plans drawn for 64 E Union. Plans are for 1 & 2 bedroom apartments, a total of 32 units or alternate plans for
Details
Listing Information
For Sale: Y
Current Price: $4,900,000
List Price: $4,900,000
List Date: 2024-04-01
Property Information
Realtor.COM Type: Commercial
SqFt Office: 0
SqFt Warehouse: 0
Lot Size: 2.51 acres
Garage Stalls: 4
Year Built Age: 76 - 100 Yrs
# Acres: 2.51
# Spaces Off-Street: 250
# of Docks: 0
Environmental Survey: N
Aprx Total SF: 87460
Total Bathrooms: 10
Location, Tax & Legal
Zoning: Commercial
PIN#: H10SW1024005, 4009, 4006, 4007, 4008,4001
DB/Record Book: 3019
Page: 192345, 192474
Appeal Pending: No
Total County Assmnt: 1325000
Est County Tax: 8419.18
Est Total Tax: 58235.23
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: new
Income & Expenses
Cash Flow Stmt Avail: Yes
R.E. Tax Expense: 58235.23
Heat Fuel Type
Gas: 1
Heat Type
Other - See Remarks: 1
Condition
Very Good: 1
AC Type
Other - See Remarks: 1
Hot Water
Electric: 1
Water
Public: 1
Exterior
Brick: 1
Sewer
Public: 1
Roof
Rolled: 1
Rubber: 1
Present Use
Apartments: 1
Commercial: 1
Ceiling Height
9'1' to 10': 1
11'1' to 12': 1
Included in Sale
Building: 1
Existing Leases: 1
Remarks Directions
Directions: W North St to R onto N Pennsylvania Ave, R onto E Union. Note: Parking in rear, accessed from N Pennsylvania Ave.
Status Change Information
Status: Closed
Under Contract Date: 2024-04-04
Sold Date: 2024-06-07
Property Features
Heat Fuel Type: Gas
Heat Type: Other - See Remarks
AC Type: Other - See Remarks
Hot Water: Electric
Water: Public
Sewer: Public
Exterior: Brick
Condition: Very Good
Roof: Rolled; Rubber
Present Use: Apartments; Commercial
Ceiling Height: 9'1' to 10'; 11'1' to 12'
Included in Sale: Building; Existing Leases
Supplements
44 units. There is also opportunity for commercial space on first level. This property has a multi-family/institutional variance in place. An Offering Memorandum is available upon request to qualified buyers.
Listing Office: Classic Properties Kingston
Listing Agent: Charles Kasko
Last Updated: September - 15 - 2024
Information deemed reliable but not guaranteed.