Current Price:$590,000List Date:11/14/2023Last Modified:9/15/2024
Overview
Description
Explore this architecturally attractive, century-old property situated in the heart of historic downtown Wilkes-Barre, just steps away from Wilkes University. Building currently offers 7 residential apartments and 2 full floors of office space.
This space also comes with a practical advantage- 10 parking spots, making it an even more enticing investment in this historic and vibrant locale!
Listing Details MLS# 23-5498
Location, Tax & Legal
Street Number
148
Street Direction Prefix
S
Street Name
Franklin
Street Suffix
Street
State
PA
Postal Code
18701
MLS Area Major
Wilkes Barre
County
Luzerne
Township
Wilkes Barre City
Subdivision Name
None
SchoolDistrict
Wilkes-Barre
Add #2
150
Zoning
Commercial
PIN#
H9SE2025003-73, H9SE2025002-73
DB/Record Book
3003
Page
153933, 153936
Appeal Pending
No
Total County Assmnt
418800
Est County Tax
2661.1
Est Total Tax
14245.59
Listing Information
Listing Contract Date
2023-11-14
For Sale
Y
Limited Service
No
Property Information
Building Area Total
10000
SqFt Office
3900
Year Built Age
100 Plus Yrs
# Acres
0.28
Acreage Range
Up to 1 Acre
Bathrooms Total
9
Environmental Survey
N
Realtor.COM Type
Commercial
SqFt Warehouse
0
Garage Stalls
No
# Spaces Off-Street
10
# of Docks
0
Remarks Directions
Directions
Market St. Bridge from Kingston, right onto River St., left onto W South St., left on S Franklin St. Building on Right.
Status Change Information
Purchase Contract Date
2024-04-12
Close Date
2024-05-10
Remarks & Directions
Hot Sheet Comment
new
More Information
Income & Expenses
Sewer Exp
787
Water Exp
328.5
Electric Exp
3368
Gas Exp
350
R.E. Tax Expense
10303
Fire Liab Ins Exp
0
Heat Fuel Type
Gas
Yes
Heat Type
Hot Water Baseboard
Yes
Steam
Yes
Condition
Good
Yes
AC Type
None
Yes
Hot Water
Gas
Yes
Water
Public
Yes
Exterior
Brick
Yes
Stucco
Yes
Sewer
Public
Yes
Roof
Comp Shingle
Yes
Metal
Yes
Property Features
Basement
Yes
Conference Room
Yes
Prime Location
Yes
Rest Rooms
Yes
Storage - Inside
Yes
Storage - Outside
Yes
Present Use
Apartments
Yes
Business
Yes
Commercial
Yes
Professional Offices
Yes
Other - See Remarks
Yes
Ceiling Height
9'1' to 10'
Yes
Included in Sale
Land
Yes
Building
Yes
Electrical Service
200-399 Amps
Yes
Property Features
Heat Fuel Type:GasHeat Type:Hot Water BaseboardAC Type:NoneHot Water:GasExterior:BrickProperty Features:Basement; Conference Room; Prime Location; Rest Rooms; Storage - Inside; Storage - OutsidePresent Use:Apartments; Business; Commercial; Professional OfficesCeiling Height:9'1' to 10'Included in Sale:Land; BuildingElectrical Service:200-399 Amps