345 Pierce StKingston, PA 18704

Property Details for 345 Pierce St

Lot size

0.13 AC

Property type

Office properties

Property subtype

Office buildings

APN

34-H9NE2-017-010

APU

34H9NE2017010

Description

This exceptional 1,400 square foot office space in Luzerne County presents a fantastic opportunity for a single tenant. Located in a high-traffic area with excellent visibility, this property boasts ample off-street parking. The building itself offers a total of 2,700 square feet, with 1,400 square feet currently available for lease. The space is well-suited for a variety of professional uses, including but not limited to legal and accounting practices. The traditional office layout offers flexibility for customization to meet specific business needs. The "Executive Office" and "Creative Office" subtypes suggest a versatile space adaptable to different professional styles. The property's prime location ensures high visibility and accessibility for clients and employees alike. The ample parking further enhances the convenience and appeal of this exceptional office space. This is an ideal opportunity for a business seeking a well-located, readily available, and professionally designed office space in a thriving area of Luzerne County. Serious inquiries are encouraged to explore this promising opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $874,084

  6.5%

  $806,847

  7%

  $749,215

• Comparable approach

  Method

  Valuation

  Relative Method

  $434,236

  Geo Method

  $739,928

• Alternative Use

  Use

  Valuation

  Residential

  $1,000,490

  Hospitality

  $916,444

  Educational

  $762,470

  Medical

  $788,693

  Retail

  $1,186,065

Location Insight

City

Kingston

County

Luzerne

State

Pennsylvania

Latitude

41.2611

Longitude

-75.8873

CBSA code

42540

CBSA name

SCRANTON--WILKES-BARRE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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