Wilkes Barre, PA 18702,219-223 S MAIN ST
Wilkes Barre, PA 18702,219-223 S MAIN ST
Wilkes Barre, PA 18702,219-223 S MAIN ST
Wilkes Barre, PA 18702,219-223 S MAIN ST
Wilkes Barre, PA 18702,219-223 S MAIN ST
Wilkes Barre, PA 18702,219-223 S MAIN ST
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Listed by Alexander Schwartz • RE/MAX Preferred - Cherry Hill
$ 925,000
Est. payment | /mo

20,000 SqFt


Save
$ 925,000
Est. payment | /mo
Save

20,000 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 20,000 sqft

Price per Sqft $46

MLS Listing ID PALU2002312

Originating Board BRIGHT

Year Built 1956

Annual Tax Amount $6,931

Tax Year 2024

Lot Size 0.310 Acres

Acres 0.31

Property Sub-Type Mixed Use

Property Description

For Sale is a 20,000 sq ft commercial mixed-use building in the heart of Wilkes Barre, seconds away from Wilkes University and a few blocks from Kings College. The property's present use is a vacant turn-key 12,000 sq ft bar/restaurant fully loaded with multiple bars and kitchens, 100k sound and lighting system, massive LED screen, furniture, commercial refrigerators, etc. Upstairs are two 3 bed/1 bath 2000 sq ft apartments in excellent condition. The 4k sq ft partially finished basement is perfect for storage needs. The property has a sprinkler system and central air/heat. Very versatile building in an ideal location with two of the region's major colleges within a quarter mile. Best uses would be to continue bar/restaurant or other retail operations on first floor with apartments upstairs, or a total conversion to residential to accommodate student housing. Additional floors can be added to the property, so the sky is the limit (literally). This is a great opportunity for a savvy investor/developer to capitalize on the area's student housing needs or for a bar/restaurant to take their business to the next level with income potential from the upstairs residential units, however many you choose to have.

Owner financing is a possibility for qualified buyers.

Location

State PA

County Luzerne

Area Wilkes Barre City (13773)

Zoning COMMERCIAL

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

Exterior

Garage Spaces 12.0

Water Access N

Accessibility None

Total Parking Spaces 12

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Wilkes-Barre Area

Others

Tax ID NO TAX RECORD

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

Bright MLS (BMLS)
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1765 Greensboro Station Dr., McLean, VA, 22102, United States

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219-223 S MAIN ST