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For Sale is a 20,000 sq ft commercial mixed-use building in the heart of Wilkes Barre, seconds away from Wilkes University and a few blocks from Kings College. The property's present use is a vacant turn-key 12,000 sq ft bar/restaurant fully loaded with multiple bars and kitchens, 100k sound and lighting system, massive LED screen, furniture, commercial refrigerators, etc. Upstairs are two 3 bed/1 bath 2000 sq ft apartments in excellent condition. The 4k sq ft partially finished basement is perfect for storage needs. The property has a sprinkler system and central air/heat. Very versatile building in an ideal location with two of the region's major colleges within a quarter mile. Best uses would be to continue bar/restaurant or other retail operations on first floor with apartments upstairs, or a total conversion to residential to accommodate student housing. Additional floors can be added to the property, so the sky is the limit (literally). This is a great opportunity for a savvy investor/developer to capitalize on the area's student housing needs or for a bar/restaurant to take their business to the next level with income potential from the upstairs residential units, however many you choose to have.
DAYS ON MARKET | 1 | LAST UPDATED | 4/23/2025 |
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YEAR BUILT | 1956 | COMMUNITY | Wilkes Barre City (13773) |
COUNTY | LUZERNE | STATUS | Active |
PROPERTY TYPE(S) | Commercial |
School District | WILKES-BARRE AREA |
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ADDITIONAL DETAILS | |
AIR | Central Air, Electric |
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AIR CONDITIONING | Yes |
APPLIANCES | Gas Water Heater |
AREA | Wilkes Barre City (13773) |
CONSTRUCTION | Brick |
HEAT | Forced Air, Natural Gas |
LOT | 0.31 acre(s) |
PARKING | On Street |
SEWER | Public Sewer |
TAXES | 6931 |
WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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