131 Coal Street, Wilkes-Barre, PA 18702

$250,000
Property Type: Commercial Sale Baths: 2 Square Footage: 3,650 Status: Closed
Current Price: $250,000 List Date: 5/18/2020 Last Modified: 1/10/2025

Overview

Description

Established Restaurant Business for 20+ years in the heart of the city. Loyal Clientele have helped make it a success! Make this business your own! Room to increase the bottom line with added hours or menu items

Listing Details MLS# 20-1585

Location, Tax & Legal

Street Number
131
Street Name
Coal
Street Suffix
Street
State
PA
Postal Code
18702
MLS Area Major
Wilkes Barre
County
Luzerne
Township
Wilkes Barre City
Subdivision Name
None
SchoolDistrict
Wilkes-Barre
Zoning
Residential
PIN#
H10SW4004024 / H10SW400518
DB/Record Book
2591 /3009
Page
880 /190669
Appeal Pending
No
Total County Assmnt
139900
Est County Tax
832.37
Est Total Tax
5057.76

Listing Information

Listing Contract Date
2020-05-15
For Sale
Y

Property Information

Building Area Total
3650
Year Built Age
76 - 100 Yrs
Bathrooms Total
2
Environmental Survey
N
Realtor.COM Type
Commercial
SqFt Office
0
SqFt Warehouse
0
Garage Stalls
No
# Spaces Off-Street
25
# of Docks
0

Remarks Directions

Directions
Coal St. Wilkes-Barre

Status Change Information

Purchase Contract Date
2021-05-07
Close Date
2021-11-23

Remarks & Directions

Included
Business, Inventory, Equipment
Excluded
Vendor Equipment
Hot Sheet Comment
new

More Information

Income & Expenses

Cash Flow Stmt Avail
Yes
Sewer Exp
900
Water Exp
960
Electric Exp
6300
Gas Exp
3600
R.E. Tax Expense
5057.76
Fire Liab Ins Exp
6240
Annual Tot Expenses
11357.76

Heat Fuel Type

Gas
Yes

Heat Type

Hot Water Baseboard
Yes

Condition

Very Good
Yes

AC Type

Ductless
Yes
Wall Units
Yes

Water

Public
Yes

Exterior

Aluminum
Yes
Stone
Yes

Sewer

Public
Yes

Roof

Comp Shingle
Yes

Property Features

Basement
Yes
Display Window
Yes
Established Business
Yes
Exterior Signage
Yes
Rest Rooms
Yes
Turnkey Operation
Yes

Present Use

Restaurant
Yes
Tavern
Yes

Ceiling Height

9'1' to 10'
Yes

Included in Sale

Land
Yes
Building
Yes
Business
Yes
Inventory
Yes
Equipment
Yes
Liquor License
Yes

Property Features

Heat Fuel Type: Gas Heat Type: Hot Water Baseboard AC Type: Ductless; Wall Units Exterior: Stone Property Features: Basement; Display Window; Established Business; Exterior Signage; Rest Rooms; Turnkey Operation Present Use: Restaurant; Tavern Ceiling Height: 9'1' to 10' Included in Sale: Land; Building; Inventory; Equipment; Liquor License
Listing Office: Century 21 Signature Properties
Listing Agent: Pat Guesto
Last Updated: January - 10 - 2025
Information deemed reliable but not guaranteed.
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