64 - 90 E Union Street, Wilkes-Barre, PA 18701 (MLS# 18-6320) - McDermott & McDermott Real Estate, Inc.

64 - 90 E Union Street, Wilkes-Barre, PA 18701

$1,595,000

Corner Pennsylvania Ave and Union Streets

Virtual Tour

https://my.matterport.com/show/?m=5KCYPLXuqdN&brand=0

Aerial view showing boundaries of properties offered for sale

Front view Distribution and Office building

Side view of both building included in sale

Older picture of corner of Pennsylvania and Union Streets

Property Type: Commercial Sale Baths: 11 Square Footage: 94,768 Lot Size (sq. ft.): 113,256 Status: Closed

Current Price: $1,595,000 List Date: 12/03/2018 Last Modified: 9/15/2024

Overview

Description

Fantastic Brick and Mortar investment opportunity in Downtown Wilkes Barre !! Two multistory Buildings situated on approx. 2.6 level acres containing 90000+/- square feet of usable space. Both buildings offer elevators, multiple covered loading docks, shared paved parking for over 200 cars. Building 1 offers 25000 sqft per floor with ample offices located on the 2nd floor , and building 2 offers

Supplements: 11000 sqft per floor on 4 floors, totaling 44000 sqft. Both buildings also have large usable basements. Zoned C4 for Heavy Commercial use. Enormous upside potential exists with this "Fantastic Downtown Wilkes Barre Opportunity"! Easy walking distance to all of the downtown businesses and amenities, including 2 center city colleges !! Price upon req ... (Read more)

Listing Details MLS# 18-6320

Location, Tax & Legal

Street Number: 64 - 90
Street Direction Prefix: E
Street Name: Union
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
Zoning: Other - See Remarks
PIN#: H10SW1024008, 07,05,01,06,09
DB/Record Book: see remarks
Page: see remarks
Appeal Pending: No
Total County Assmnt: 1608800
Est County Tax: 9613
Est Total Tax: 70439

Listing Information

Listing Contract Date: 2018-12-03
For Sale: Y

Property Information

Building Area Total: 94768
SqFt Office: 50768
SqFt Warehouse: 44000
Year Built Age: 76 - 100 Yrs
# Acres: 2.6
Acreage Range: 1+ - 3 Acres
Bathrooms Total: 11
# of Docks: 26
Environmental Survey: N
Realtor.COM Type: Commercial
Garage Stalls: 10 or More
# Spaces Off-Street: 223

Remarks Directions

Directions: From 309, Exit 2 to W-B Blvd, right on Scott St., left onto N. Pennsylvania Ave., Right onto Union St., property located along entire first block of Union St. along right hand side.

Status Change Information

Purchase Contract Date: 2019-05-09
Close Date: 2019-10-22

Remarks & Directions

Hot Sheet Comment: price

More Information

Income & Expenses

Cash Flow Stmt Avail: Yes
Rental P/SF Gross: 222548
Annual Gross Inc: 222548
Annual Tot Expenses: 143977

Heat Fuel Type

Gas: Yes

Heat Type

Forced Air: Yes
Hot Water Radiator: Yes
Space Heater: Yes

Condition

Good: Yes

AC Type

Central: Yes

Hot Water

Gas: Yes
Htd by Boiler/Furnace: Yes

Water

Public: Yes

Exterior

Block: Yes
Brick: Yes

Sewer

Public: Yes

Roof

Built-Up: Yes

Property Features

Basement: Yes
Conference Room: Yes
Drive In Door: Yes
Elevator(s): Yes
Exterior Lighting: Yes
Exterior Signage: Yes
Fencing: Yes
Fire Alarm: Yes
Freezer Space: Yes
Freight Elevator: Yes
Garage Bays: Yes
High Traffic Area: Yes
Loading Docks: Yes
People Elevator: Yes
Prime Location: Yes
Refrigerated Space: Yes
Rest Rooms: Yes
Smoke/Fire Alarm: Yes
Sprinkler System: Yes
Storage - Inside: Yes
Storage - Outside: Yes

Present Use

Business: Yes
Commercial: Yes
Heavy Industry: Yes
Professional Offices: Yes
Vacant: Yes
Warehouse: Yes
Wholesale: Yes

Ceiling Height

13'1' to 14': Yes

Included in Sale

Land: Yes
Building: Yes
Existing Leases: Yes

Overhead Doors

12'1 to 13': Yes

Electrical Service

3 Phase Electric: Yes
200-399 Amps: Yes
800-1599 Amps: Yes
Other - See Remarks: Yes

Property Features

Heat Fuel Type: Gas Heat Type: Hot Water Radiator; Space Heater AC Type: Central Hot Water: Gas Exterior: Block; Brick Property Features: Basement; Conference Room; Drive In Door; Elevator(s); Exterior Lighting; Exterior Signage; Fire Alarm; Freezer Space; Freight Elevator; Garage Bays; High Traffic Area; Loading Docks; People Elevator; Prime Location; Refrigerated Space; Rest Rooms; Sprinkler System; Storage - Inside; Storage - Outside Present Use: Business; Commercial; Heavy Industry; Professional Offices; Vacant; Warehouse; Wholesale Ceiling Height: 13'1' to 14' Included in Sale: Land; Building; Existing Leases Overhead Doors: 12'1 to 13' Electrical Service: 3 Phase Electric; 200-399 Amps; 800-1599 Amps

Listing Office: Berkshire Hathaway HomeServices Poggi, REALTORS Back Mtn

Listing Agent: Kimberly Schwartz

Last Updated: September - 15 - 2024

Information deemed reliable but not guaranteed.

One home for you!

MLS Listing