64-90 E Union Street, Wilkes-Barre, PA 18701 (MLS# 24-1385)

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

$4,900,000

Property Type: Commercial Sale Baths: 10 Square Footage: 87,460 Lot Size (sq. ft.): 109,336 Status: Closed

Current Price: $4,900,000 List Date: 4/01/2024 Last Modified: 9/15/2024

Overview

Description

Union St Complex, a mixed use property, is strategically located at the intersection of East Union and North Pennsylvania Ave. 90 E Union is currently 36.5% occupied with long term leases. The balance of the property is vacant and has endless possibilities. The seller has preliminary plans drawn for 64 E Union. Plans are for 1 & 2 bedroom apartments, a total of 32 units or alternate plans for

Supplements: 44 units. There is also opportunity for commercial space on first level. This property has a multi-family/institutional variance in place. An Offering Memorandum is available upon request to qualified buyers.

Listing Details MLS# 24-1385

Location, Tax & Legal

House # (1): 64-90
Street Direction Pfx: E
Street Name: Union
Street Suffix: Street
City (Post Office): Wilkes-Barre
State/Province: PA
Zip Code: 18701
MLS Area: Wilkes Barre
County: Luzerne
Municipality: Wilkes Barre City
Develop/Subdivision: None
School District: Wilkes-Barre
Zoning: Commercial
PIN#: H10SW1024005, 4009, 4006, 4007, 4008,4001
DB/Record Book: 3019
Page: 192345, 192474
Appeal Pending: No
Total County Assmnt: 1325000
Est County Tax: 8419.18
Est Total Tax: 58235.23

Listing Information

For Sale: Y

Property Information

Realtor.COM Type: Commercial
Aprx Total SF: 87460
Year Built Age: 76 - 100 Yrs
# Acres: 2.51
# Spaces Off-Street: 250
Garage Stalls: 4
Total Bathrooms: 10
Environmental Survey: N
SqFt Office: 0
SqFt Warehouse: 0
# of Docks: 0

Remarks Directions

Directions: W North St to R onto N Pennsylvania Ave, R onto E Union. Note: Parking in rear, accessed from N Pennsylvania Ave.

Status Change Information

Under Contract Date: 2024-04-04
Sold Date: 2024-06-07

Remarks & Directions

Hot Sheet Comment: new

More Information

Income & Expenses

Cash Flow Stmt Avail: Yes
R.E. Tax Expense: 58235.23

Heat Fuel Type

Gas: Yes

Heat Type

Other - See Remarks: Yes

Condition

Very Good: Yes

AC Type

Other - See Remarks: Yes

Hot Water

Electric: Yes

Water

Public: Yes

Exterior

Brick: Yes

Sewer

Public: Yes

Roof

Rolled: Yes
Rubber: Yes

Present Use

Apartments: Yes
Commercial: Yes

Ceiling Height

9'1' to 10': Yes
11'1' to 12': Yes

Included in Sale

Building: Yes
Existing Leases: Yes

Property Features

Heat Fuel Type: Gas Heat Type: Other - See Remarks AC Type: Other - See Remarks Hot Water: Electric Water: Public Sewer: Public Exterior: Brick Condition: Very Good Roof: Rolled; Rubber Present Use: Apartments; Commercial Ceiling Height: 9'1' to 10'; 11'1' to 12' Included in Sale: Building; Existing Leases

Listing Office: Classic Properties Kingston

Listing Agent: Charles Kasko

Last Updated: September - 15 - 2024

Information deemed reliable but not guaranteed.

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MLS Listing