26 Hill St - Wilkes-Barre Pepsi-Cola
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26 Hill St - Wilkes-Barre Pepsi-Cola
45,000 SF Health Care Building Offered at $8,000,000 in Wilkes Barre, PA 18702
Investment Highlights
- The property is already licensed for inpatient SUD treatment
- Close proximity to major population centers of Philadelphia and NYC metro areas
- Ability to quickly operate ±100 beds, plus room to expand on campus
Executive Summary
This is a unique opportunity to own a licensed inpatient drug and alcohol treatment facility, strategically located in Northeastern Pennsylvania. The property was renovated in the past 5 years and is ready to accommodate up to 100 patients. In addition, state licensure for residential substance use treatment is in place and available to be acquired along with the property (if desired).
±45,000sf was partially built out, leaving +20,000sf still un-renovated and ready to be finished when/as needed. Possibilities for the additional space include room to add more patient beds, additional group rooms or clinical space, recreational facilities, an outpatient treatment center, or a combination thereof.
The Scranton--Wilkes-Barre--Hazleton, PA MSA has a population of ±575,000 people and the City of Wilkes-Barre is within a ~2 hour drive from both New York City and Philadelphia. There are numerous hospitals, including the Wilkes-Barre VA Medical Center, located within a short drive of the property.
±45,000sf was partially built out, leaving +20,000sf still un-renovated and ready to be finished when/as needed. Possibilities for the additional space include room to add more patient beds, additional group rooms or clinical space, recreational facilities, an outpatient treatment center, or a combination thereof.
The Scranton--Wilkes-Barre--Hazleton, PA MSA has a population of ±575,000 people and the City of Wilkes-Barre is within a ~2 hour drive from both New York City and Philadelphia. There are numerous hospitals, including the Wilkes-Barre VA Medical Center, located within a short drive of the property.
Property Facts
| Price | $8,000,000 | Lot Size | 1.92 AC |
| Price Per Bed | $80,000 | Building Size | 45,000 SF |
| Sale Type | Investment or Owner User | No. Beds | 100 |
| Property Type | Health Care | No. Stories | 2 |
| Property Subtype | Rehabilitation Center | Year Built/Renovated | 1937/2019 |
| Building Class | B | Parking Ratio | 0.63/1,000 SF |
| Price | $8,000,000 |
| Price Per Bed | $80,000 |
| Sale Type | Investment or Owner User |
| Property Type | Health Care |
| Property Subtype | Rehabilitation Center |
| Building Class | B |
| Lot Size | 1.92 AC |
| Building Size | 45,000 SF |
| No. Beds | 100 |
| No. Stories | 2 |
| Year Built/Renovated | 1937/2019 |
| Parking Ratio | 0.63/1,000 SF |
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Walk Score ®
Very Walkable (74)
PROPERTY TAXES
| Parcel Number | 73-H9SE3-012-002-000 | Improvements Assessment | $729,100 |
| Land Assessment | $192,000 | Total Assessment | $921,100 |
PROPERTY TAXES
Parcel Number
73-H9SE3-012-002-000
Land Assessment
$192,000
Improvements Assessment
$729,100
Total Assessment
$921,100
zoning
| Zoning Code | C2 |
| C2 |
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26 Hill St - Wilkes-Barre Pepsi-Cola
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