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

Street Number
198
Street Direction Prefix
N
Street Name
Pennsylvania
Street Suffix
Avenue
State
PA
Postal Code
18702
MLS Area Major
Wilkes Barre
County
Luzerne
Township
Wilkes Barre City
Subdivision Name
None
SchoolDistrict
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

Listing Contract Date
2020-12-03
For Sale
Y
Limited Service
No

Property Information

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

Purchase Contract Date
2021-02-15
Close 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 AC Type: Central Hot Water: Gas Exterior: Block Property Features: Established Business; High Traffic Area; Prime Location; Rest Rooms Present Use: 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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