82 S Main St - Retail FOR SALE


Wilkes-Barre, PA 18701
$999,000 USD
570-817-9162
82 S Main St, Wilkes-Barre, PA for Sale
$999,000 USD
Retail - FOR SALE
1/17
null | 9.22% Cap Rate

Oct '26


82 S Main St
Wilkes-Barre, PA 18701


HIGHLIGHTS

  • Highly Trafficked Area in Downtown Wilkes-Barre with Thriving Businesses
  • Walking Distance to Universities, Restaurants, Movie Theatre, & Other Activity/Entertainment
  • Stabilized Asset with Value Add Opportunity

OVERVIEW

Downtown Wilkes-Barre Mixed-Use Investment | 15,000 SF | 9 Units | Value-Add Opportunity Positioned in the heart of Downtown Wilkes-Barre, this approximately 15,000 SF mixed-use investment presents a rare opportunity to acquire a well-located asset with immediate cash flow and substantial upside. The property consists of 9 total units, including 5 commercial spaces and 4 residential apartments, offering a diversified income stream with opportunities to increase revenue over time. Several units remain below market, providing investors with the ability to grow NOI through strategic lease renewals and rent optimization. An exceptional long-term value-add opportunity exists through the potential conversion of the existing 2nd Floor office space into four additional residential apartments (subject to municipal approvals). To help illustrate this vision, architectural floor plan drawings are available, outlining a conceptual redevelopment of the office space into additional residential units. These plans can assist investors in evaluating the property’s future income potential. Summarized features include: * Approximately 15,000 square feet * Prime Main Street location in Downtown Wilkes-Barre * 5 commercial suites and 4 residential apartments * Separately metered Electric & Gas * Basement amenities including laundry and fitness area * EPDM roof installed approximately 5 years ago * Excellent walkability to restaurants, retail, government offices, and public parking * Strong long-term appreciation potential in a growing downtown Whether you’re seeking stable in-place income, a value-add investment, or a redevelopment opportunity with meaningful upside, 82-84 S Main Street offers multiple paths to create value in one of Northeastern Pennsylvania’s premier downtown business districts.

FOR SALE DETAILS

PRICE

$999,000 USD

PRICE/SF

$200 USD /SF

CAP RATE

9.22%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

82-84 S Main St, Wilkes-Barre, PA 18701

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront, Storefront Retail/Residential, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

5,001 SF

ZONING

C-3

APN/PARCEL ID

73-H9SE2-009-008-000

ASK ABOUT THIS PROPERTY

John ClawsonDream Homes Real Estate LLCMore Info
570-817-9162

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John ClawsonDream Homes Real Estate LLCMore Info
570-817-9162

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.