225 Stewart RdWilkes-Barre, PA 18706

Property Details for 225 Stewart Rd

Lot size

5.57 AC

Property type

Commercial real estate

APN

25-J9S1-001-031

APU

25J9S1001031

Description

This exceptional 8,480-square-foot flex space is immediately available within a larger 40,000-square-foot multi-tenant building situated in Wilkes-Barre, Pennsylvania's Hanover Industrial Estates. The single-story, Class B building, constructed in 1990, offers a 21-foot ceiling height and features an existing office fit-out complete with carpet tile, resilient flooring, and an acoustical suspended ceiling (approximately 9 feet high). The space includes a built-in reception desk and abundant natural light from windows along the front, side, and rear walls. The building itself is a pre-engineered steel structure with a blend of architectural masonry and insulated metal panel walls, a standing seam metal roof, and thermally-broken aluminum framed windows and doors. The property boasts 323 parking spaces and enjoys excellent access to I-81 and Route 29, providing easy commutes and access to a large labor pool. Located conveniently between Wilkes-Barre and Hazleton, this location offers unparalleled access to major transportation arteries, being less than two hours from Harrisburg and 2.5 hours from both Philadelphia and New York City. The 5.57-acre lot provides ample space, and the property benefits from excellent power and telecom services. Access is convenient via Exits 1 and 2 of Route 29, just five minutes from Interstate 81. This is a prime opportunity for businesses seeking a functional and well-located flex space in a thriving Pennsylvania market. The minimum divisible space is 8,480 square feet, and the maximum contiguous space available is also 8,480 square feet.

• Alternative Use

  Use

  Valuation

  Residential

  $42,865,600

  Hospitality

  $39,264,660

  Educational

  $32,667,736

  Medical

  $33,791,232

  Retail

  $50,816,480

Location Insight

City

Hanover Township

County

Luzerne

State

Pennsylvania

Latitude

41.2146

Longitude

-75.9194

CBSA code

42540

CBSA name

SCRANTON--WILKES-BARRE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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