82-84 S Main Street, Wilkes-Barre
About This Property.
Exceptional mixed-use investment opportunity in the heart of Downtown Wilkes-Barre with a 9.22% cap rate. Situated on a highly visible signalized corner, this approximately 15,000+ square foot property features 5 commercial suites and 4 residential apartments, offering a diverse mix of office, retail, wellness, and residential uses. Several residential apartments showcase exposed brick, blending historic character with modern appeal. Additional features include an EPDM roof installed approximately five years ago, separately metered gas & electric, coin-operated laundry, and C-3 zoning, providing flexibility for a variety of commercial and mixed-use uses. Ideally located within walking distance of Wilkes University, restaurants, retail, and other downtown amenities, the property offers outstanding visibility, accessibility, and long-term investment potential. The existing approximately 4,400 square-foot office suite presents a compelling value-add opportunity. Future ownership may elect to continue the existing office use, explore reconfiguration into multiple professional office suites, or evaluate a potential office-to-residential conversion, subject to buyer due diligence and any required approvals. Conceptual plans for the residential conversion are available upon request.
Property Details.
Location.
Area Demographics
Source - U.S. Census Bureau, American Community Survey Five-Year Estimates ('24).
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