PA > Wilkes Barre
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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Steven Pagan

Steven Pagan

+1(609) 631-5668
Listed by Alexander Schwartz • RE/MAX Preferred - Cherry Hill
$925,000
Est. payment /mo
20,000 SqFt
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UPDATED:

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.

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

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Bright MLS (BMLS)
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Our passion for real estate and love for New Jersey are a perfect match. We have made it our mission to help local residents sell their homes quickly and at the best possible prices, and  homebuyers in finding their perfect piece of paradise in New Jersey. 

+1(609) 631-5668

steven.pagan@thepagangroup.com

352 Stokes Rd, Medford, NJ, 08055, USA

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