16 E Union Street, Wilkes-Barre - 48,383 SF

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$2,300,000

16 E Union Street, Wilkes-Barre

Wilkes-Barre, PA, 18705

48,383

Sq Ft

0.2

Acres

MLS #26-4749

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About This Property.

Prime 32-unit commercial rehab opportunity near King's College! Existing 48,383 SF 3-story mixed-use building fully approved for 32 units. Sale includes complete architectural plans with MEP drawings and contractor construction bids on file for review. Features 58 off-street parking spaces with additional parking secured at a nearby public lot. Fully approved and ready for permits.

Home Features

Water: Public
Sewer: Public Sewer
Heating: Natural Gas
Exterior: Brick
Lot Dimensions: 50X175
Condition: Good

Income & Investment.

Unit Mix & Rent Roll.

Property Details.

Calculators.

Documents.

Location.

Area Demographics

TownZip CodeCounty

Wilkes-Barre City

44,423

Population

$48,372

Median Household Income

51%

Owner Occupied

2.44

Average Household Size

Housing Tenure

51% Owner Occupied49% Renter

ZIP 18705

15,624

Population

$59,220

Median Household Income

61%

Owner Occupied

2.46

Average Household Size

Housing Tenure

61% Owner Occupied39% Renter

Luzerne County

327,675

Population

$64,452

Median Household Income

68%

Owner Occupied

2.35

Average Household Size

Housing Tenure

68% Owner Occupied32% Renter

Source - U.S. Census Bureau, American Community Survey Five-Year Estimates ('24).

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Meet Our Agents.

Jonathan J. Nelson Real Estate