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421 N Pennsylvania Avenue, Wilkes-Barre, PA 18702

$2,500,000
421
Property Type: Commercial Sale Baths: 2 Square Footage: 78,955 Status: Closed
Current Price: $2,500,000 List Date: 6/05/2024 Last Modified: 9/15/2024

Overview

Description

Pleased to present qualified buyers the opportunity to acquire the Wilkes-Barre Industrial Center. This property is sitting on almost 4 Acres and offers 78,955 SF of gross leasable area and is strategically located along the I-81 Corridor in Wilkes-Barre, PA. The Subject Property is currently occupied and maintains leases with very strong tenants.

Listing Details MLS# 24-2589

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
Zoning
Commercial
PIN#
73-H10NW3-011-001-000
DB/Record Book
3009/21022
Page
3009
Appeal Pending
No
Total County Assmnt
8000
Est County Tax
0
Est Total Tax
36500

Listing Information

Listing Contract Date
2024-06-05
For Sale
Y
Limited Service
No

Property Information

Building Area Total
78955
Year Built
1975
Year Built Age
76 - 100 Yrs
Bathrooms Total
2
# of Docks
2
Environmental Survey
N
Realtor.COM Type
Commercial
SqFt Office
0
SqFt Warehouse
0
Garage Stalls
Yes
Stories
3
# Spaces Off-Street
20

Remarks Directions

Directions
From 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
2024-06-05
Close Date
2024-06-05

Remarks & Directions

Hot Sheet Comment
new

More Information

Income & Expenses

Cash Flow Stmt Avail
No

Heat Fuel Type

Other - See Remarks
Yes

Heat Type

Heat Pump
Yes

Condition

Average
Yes

AC Type

Central
Yes

Water

Public
Yes

Exterior

Brick
Yes

Sewer

Public
Yes

Roof

Other - See Remarks
Yes

Present Use

Business
Yes
Commercial
Yes

Ceiling Height

13'1' to 14'
Yes

Included in Sale

Building
Yes
Existing Leases
Yes

Overhead Doors

13'1 to 14'
Yes

Electrical Service

3 Phase Electric
Yes

Property Features

Heat Type: Heat Pump AC Type: Central Exterior: Brick Condition: Average Present Use: Business; Commercial Ceiling Height: 13'1' to 14' Included in Sale: Building; Existing Leases Overhead Doors: 13'1 to 14' Electrical Service: 3 Phase Electric
Listing Office: ERA One Source Realty
Listing Agent: Sunita Arora
Last Updated: September - 15 - 2024
Information deemed reliable but not guaranteed.

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Specializing in residential and commercial sales, McDermott & McDermott Real Estate, Inc. services also include investment sales and property management. We are actively involved in turning the many bank-owned foreclosures back over to the hands of our communities.


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142 N Main Street, First Floor
Shavertown, PA 18708

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126 Cinder Lane
Blakeslee, PA 18610

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