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1111-1112 Main St 1111 -1117

10,234 SF Retail Building Pittston, PA 18640 $2,500,000 ($244/SF)

Investment Highlights

  • Nestled in a high-traffic area, the property benefits from excellent visibility and accessibility.
  • The surrounding community is vibrant and diverse, ensuring a steady stream of potential customers.

Executive Summary

Investment Opportunity: Prime Italian Restaurant and Retail Plaza Unlock the potential of a thriving community hub with this exceptional investment opportunity! Situated in a bustling location, this property features a vibrant Italian Restaurant and pizzeria, complete with a lively sports bar atmosphere—perfect for attracting both casual diners and sports enthusiasts. Established Italian Restaurant and Pizzeria: A beloved local favorite known for its authentic cuisine, exceptional service, and inviting ambiance. This established brand already has a loyal customer base, ensuring Consistent revenue streams. Dynamic Sports Bar: The sports bar complements the restaurant, offering an engaging environment for game days and events. Equipped with large screens and a full bar, it enhances the dining experience and draws in crowds year-round. Additional Retail Spaces: The plaza includes four additional retail spaces, providing diverse leasing opportunities. These units can accommodate a variety of businesses, from boutiques to service providers, increasing foot traffic and enhancing the overall appeal of the plaza.

Property Facts

Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
10,234 SF
Building Class
C
Year Built
1957
Price
$2,500,000
Price Per SF
$244
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.48
Land Acres
0.49 AC
Zoning
Commercial - Commercial
Frontage
215 FT on Main Street

About 1111 -1117 , Pittston, PA 18640

Prime Location: Nestled in a high-traffic area, the property benefits from excellent visibility and accessibility. The surrounding community is vibrant and diverse, ensuring a steady stream of potential customers. Growth Potential: With an expanding population and ongoing developments in the area, the potential for growth is immense. The combination of the restaurant, sports bar, and retail spaces creates a unique destination that can capture a wide audience. This property presents an exciting opportunity for investors looking to tap into the thriving food and retail market. With a well-established restaurant, a dynamic bar scene, and versatile retail spaces, this plaza is poised for continued success and profitability. Don’t miss out on the chance to be part of this vibrant community hub!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
33-E11S1-012-015-000
Land Assessment
$62,200
Improvements Assessment
$349,000
Total Assessment
$411,200
  • Listing ID: 33251206

  • Date on Market: 9/20/2024

  • Last Updated:

  • Address: 1111 -1117, Pittston, PA 18640

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