526 Main StWilkes-Barre, PA 18701
- Other commercial real estate
- 0.41 AC
Property Details for 526 Main St
- Lot size
- 0.41 AC
- Property type
- Other commercial real estate
- APN
- 73-I9NE1-006-009
- APU
- 73I9NE1006009
Description
This exceptional Wilkes-Barre commercial property, located at 526 S Main St, offers 26,548 square feet of versatile space in a C-4 zoned area. The two-story building sits on a 0.41-acre lot and includes five parking spaces. Currently configured as a multi-tenant property, it features an established restaurant and retail store tenant. The primary space, currently occupied by the owner, is ideal for an owner-user. This area boasts a showroom, office space, a workspace, and a large, open second-floor warehouse with ceilings reaching up to 18 feet. A 9' x 15' ground-level drive-in door provides convenient access. The owner uses this space as a furniture upholstery manufacturing company. The second floor presents a potential opportunity for residential conversion, subject to zoning approval. This property presents a unique blend of existing income and significant owner-user potential, making it an attractive investment opportunity in a thriving Wilkes-Barre location. The APN is I9NE1006009-73. The asking price is $495,000.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $3,155,351
- Hospitality
- $2,890,284
- Educational
- $2,404,683
- Medical
- $2,487,384
- Retail
- $3,740,618
Location Insight
- City
- Wilkes Barre
- County
- Luzerne
- State
- Pennsylvania
- Latitude
- 41.2366
- Longitude
- -75.8978
- CBSA code
- 42540
- CBSA name
- SCRANTON--WILKES-BARRE, PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
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