490 Main StPittston, PA 18641

Property Details for 490 Main St

Lot size

0.88 AC

Property type

Office properties

Property subtype

Office buildings

APN

72-D11SE3-001-010

APU

72D11SE3001010

Description

This exceptional 3,084 square foot commercial space at 490 Main Street in Pittston, Pennsylvania presents a fantastic opportunity for businesses seeking a customizable office environment. Located in a convenient area with easy access to local amenities, this property offers a gross lease structure, eliminating the need for additional expense management. The building boasts ample on-site parking, ensuring convenient access for employees and clients alike. Security is a top priority, with 24/7 surveillance providing peace of mind. The interior is ready for tenant build-out, allowing for complete customization to perfectly suit your business needs and workflow. This adaptable space is ideal for a variety of commercial uses, offering a flexible and functional layout. The prime location on Main Street in Pittston provides excellent visibility and accessibility, making it an attractive option for businesses seeking a strong presence in the community. Interested parties are encouraged to schedule a viewing to fully appreciate the potential of this exceptional commercial property. The property is offered on a gross lease basis.

• CAP approach

  CAP return

  Valuation

  6%

  $9,522,511

  6.5%

  $8,790,010

  7%

  $8,162,152

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,042,256

  Geo Method

  $5,008,590

• Alternative Use

  Use

  Valuation

  Residential

  $10,899,613

  Hospitality

  $9,983,987

  Educational

  $8,306,560

  Medical

  $8,592,235

  Retail

  $12,921,315

Location Insight

City

Pittston

County

Luzerne

State

Pennsylvania

Latitude

41.3364

Longitude

-75.7871

CBSA code

42540

CBSA name

SCRANTON--WILKES-BARRE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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