421 N Pennsylvania Avenue, Wilkes-Barre, PA 18702 (MLS# 17-4035)

421 N Pennsylvania Avenue, Wilkes-Barre, PA 18702

$1,550,000

Property Type: Commercial Sale Baths: 10 Square Footage: 88,000 Lot Size (sq. ft.): 173,369 Status: Closed

Current Price: $1,550,000 List Date: 3/05/2018 Last Modified: 9/15/2024

Overview

Description

Large multi use building with 13 long term tenants with leases. single family home and 2 empty lots

Listing Details MLS# 17-4035

Location, Tax & Legal

Street Number: 421
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
Add #2: 425
Zoning: Other - See Remarks
PIN#: 73-H10NW3-011-001-000
DB/Record Book: 3009
Page: 21022
Appeal Pending: No
Total County Assmnt: 800000
Est County Tax: 5103
Est Total Tax: 36876

Listing Information

Listing Contract Date: 2017-08-01
For Sale: Y
Limited Service: No

Property Information

Building Area Total: 88000
SqFt Office: 8000
SqFt Warehouse: 80000
Year Built Age: 100 Plus Yrs
# Acres: 3.98
Bathrooms Total: 10
# of Docks: 4
Environmental Survey: N
Realtor.COM Type: Commercial
Garage Stalls: 2
# Spaces Off-Street: 100

Remarks Directions

Directions: Cross Valley to Wilkes-Barre exit towards city. 2 traffic light to right turn onto Butler ST. over railroad tracks building on left

Status Change Information

Purchase Contract Date: 2018-06-08
Close Date: 2018-07-12

Remarks & Directions

Excluded: all tenants personal property
Hot Sheet Comment: new

More Information

Income & Expenses

Cash Flow Stmt Avail: Yes
Annual Gross Inc: 240714
Sewer Exp: 2000
Water Exp: 5728
Electric Exp: 8545
Gas Exp: 3319
R.E. Tax Expense: 36876
Fire Liab Ins Exp: 11900
Other Exp: 5000
Annual Tot Expenses: 73368
Ann Net B/4 Debt: 167346

Heat Fuel Type

Electric: Yes
Gas: Yes

Heat Type

Electric Baseboard: Yes
Forced Air: Yes
Heat Pump: Yes
Space Heater: Yes

Condition

Good: Yes

AC Type

Central: Yes

Hot Water

Electric: Yes
Gas: Yes

Water

Public: Yes

Exterior

Block: Yes
Brick: Yes

Sewer

Public: Yes

Roof

Rolled: Yes
Rubber: Yes
Slate: Yes

Property Features

Clear Span: Yes
Display Window: Yes
Drive In Door: Yes
Elevator(s): Yes
Emergency Lighting: Yes
Exterior Lighting: Yes
Exterior Signage: Yes
Fire Alarm: Yes
Freight Elevator: Yes
Garage Bays: Yes
High Traffic Area: Yes
Loading Docks: Yes
Rest Rooms: Yes
Sprinkler System: Yes

Present Use

Business: Yes
Commercial: Yes
Light Industry: Yes
Manufacturing: Yes
Professional Offices: Yes
Retail: Yes
Self-Storage Units: Yes
Warehouse: Yes
Wholesale: Yes

Ceiling Height

Up to 8'0': Yes
11'1' to 12': Yes
19'1' to 20': Yes

Included in Sale

Land: Yes
Building: Yes
Existing Leases: Yes
Other - See Remarks: Yes

Overhead Doors

8'1 to 9': Yes
10'1' to 11': Yes
16' 1 to 20': Yes

Electrical Service

Circuit Breakers: Yes
3 Phase Electric: Yes
100-199 Amps: Yes
200-399 Amps: Yes

Property Features

Heat Fuel Type: Electric; Gas Heat Type: Heat Pump; Space Heater AC Type: Central Hot Water: Gas Exterior: Block; Brick Roof: Rolled; Slate Property Features: Clear Span; Display Window; Drive In Door; Elevator(s); Emergency Lighting; Exterior Lighting; Exterior Signage; Fire Alarm; Freight Elevator; Garage Bays; High Traffic Area; Loading Docks; Rest Rooms; Sprinkler System Present Use: Business; Commercial; Light Industry; Manufacturing; Professional Offices; Retail; Self-Storage Units; Warehouse; Wholesale Ceiling Height: Up to 8'0'; 11'1' to 12'; 19'1' to 20' Included in Sale: Land; Building; Existing Leases Overhead Doors: 8'1 to 9'; 16' 1 to 20' Electrical Service: Circuit Breakers; 3 Phase Electric; 100-199 Amps; 200-399 Amps

Listing Office: Rubbico Real Estate

Listing Agent: David Rubbico

Last Updated: September - 15 - 2024

Information deemed reliable but not guaranteed.

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