198 N Pennsylvania Avenue, Wilkes-Barre, PA 18702 (MLS# 20-5475)

198 N Pennsylvania Avenue, Wilkes-Barre, PA 18702

$1,200,000

Property Type: Commercial Sale Baths: 2 Square Footage: 2,940 Lot Size (sq. ft.): 17,860 Status: Closed

Current Price: $1,200,000 List Date: 12/08/2020 Last Modified: 9/15/2024

Overview

Description

Convenience/retail store/gas station under long term lease with Turkey Hill. Great location on a busy corner near Kings College. Zoned C-4 Heavy Commercial. Adjacent 0.88 acre vacant lot also available for purchase. Bothe parcels are located in a Federal Opportunity Zone. MLS 20-4577 https://www.flexmls.com/share/4GcWV/N-Pennsylvania-Scott-Street-Wilkes-Barre-PA-18701

Listing Details MLS# 20-5475

Location, Tax & Legal

House # (1): 198
Street Direction Pfx: N
Street Name: Pennsylvania
Street Suffix: Avenue
City (Post Office): Wilkes-Barre
State/Province: PA
Zip Code: 18702
MLS Area: Wilkes Barre
County: Luzerne
Municipality: Wilkes Barre City
Develop/Subdivision: None
School District: Wilkes-Barre
Zoning: Commercial
PIN#: H10SW1 B022 L007-73
DB/Record Book: 3002
Page: 69096
Appeal Pending: No
Total County Assmnt: 552700
Est County Tax: 3409
Est Total Tax: 16675

Listing Information

For Sale: Y
Limited Service: No

Property Information

Realtor.COM Type: Commercial
Aprx Total SF: 2940
Year Built Age: 21 - 30 Yrs
Stories: Yes
# Acres: 0.41
Acreage Range: Up to 1 Acre
# Spaces Off-Street: 12
Total Bathrooms: 2
Environmental Survey: N
SqFt Office: 0
SqFt Warehouse: 0
Garage Stalls: No
# of Docks: 0

Remarks Directions

Directions: Rt 315 to Wilkes Barre Blvd. turn right on Scott St. Bldg is on the corner of Scott and N Pennsylvania Blvd.

Status Change Information

Under Contract Date: 2021-02-15
Sold Date: 2021-04-16

Remarks & Directions

Excluded: See agent for details and lease terms regarding fixtures and equipment.
Hot Sheet Comment: new

More Information

Income & Expenses

Rental P/SF Net: 0
Rental P/SF Gross: 0
Annual Gross Inc: 0
Sewer Exp: 0
Water Exp: 0
Electric Exp: 0
Gas Exp: 0
R.E. Tax Expense: 16675
Fire Liab Ins Exp: 0
Flood Ins Exp: 0
Other Exp: 0
Annual Tot Expenses: 16675
Ann Net B/4 Debt: 0

Heat Fuel Type

Gas: Yes

Heat Type

Forced Air: Yes

Condition

Very Good: Yes

AC Type

Central: Yes

Hot Water

Gas: Yes

Water

Public: Yes

Exterior

Block: Yes

Sewer

Public: Yes

Roof

Rubber: Yes

Property Features

Established Business: Yes
High Traffic Area: Yes
Prime Location: Yes
Rest Rooms: Yes

Present Use

Gas/Service Station: Yes
Retail: 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: Gas Heat Type: Forced Air AC Type: Central Hot Water: Gas Water: Public Sewer: Public Exterior: Block Condition: Very Good Roof: Rubber Property Features: Established Business; High Traffic Area; Prime Location; Rest Rooms Present Use: Gas/Service Station; Retail Ceiling Height: 9'1' to 10' Included in Sale: Land; Building Electrical Service: 200-399 Amps

Listing Office: Lewith & Freeman, Kingston

Listing Agent: Judy Rice

Last Updated: September - 15 - 2024

Information deemed reliable but not guaranteed.

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