290 Mundy St
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290 Mundy St
6,145 SF Retail Building Wilkes Barre Township, PA 18702 $3,250,000 ($529/SF)
INVESTMENT HIGHLIGHTS
- Surrounded by national brands
- High traffic exposure: 22,195 vehicles per day
- Adaptable for many uses
- Located at the entrance of the area’s 2 largest destination retail centers
- 2.91 acres
- Public water and sewer
EXECUTIVE SUMMARY
Prime commercial property available on Mundy Street in Wilkes-Barre Township, PA. Previously home to an Alfa Romeo/Maserati dealership, this 2.91-acre corner lot offers exceptional visibility and access at a signalized intersection. The modern 6,145 SF building, constructed in 2018, is located at the entrance to the Arena Hub, the largest open-air shopping center in Northeast Pennsylvania, and the Wyoming Valley Mall, a premier retail destination. Surrounded by national brands and exposed to over 22,000 vehicles per day, this property is highly adaptable for a variety of uses and presents strong potential for redevelopment.
The prime retail corner boasts exceptional visibility and accessibility at a light intersection along a main thoroughfare. Positioned at this bustling intersection, the location offers high exposure and convenient access for vehicular traffic. The strategic placement at a light intersection enhances the prominence of the retail space, attracting potential customers and maximizing business visibility. With its ideal position on a Mundy Street, this prime retail corner presents an unparalleled opportunity for businesses to establish a strong presence and capitalize on the steady flow of passersby.
Visit naikeystone.com for accurate listing info.
The prime retail corner boasts exceptional visibility and accessibility at a light intersection along a main thoroughfare. Positioned at this bustling intersection, the location offers high exposure and convenient access for vehicular traffic. The strategic placement at a light intersection enhances the prominence of the retail space, attracting potential customers and maximizing business visibility. With its ideal position on a Mundy Street, this prime retail corner presents an unparalleled opportunity for businesses to establish a strong presence and capitalize on the steady flow of passersby.
Visit naikeystone.com for accurate listing info.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,145 SF
Building Class
C
Year Built
2018
Price
$3,250,000
Price Per SF
$529
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
2.91 AC
Opportunity Zone
Yes
Zoning
Commercial - Zoning generally refers to commercial zoning, which allows for various business activities such as retail stores, offices, and services.
Parking
73 Spaces (11.88 Spaces per 1,000 SF Leased)
Frontage
563 FT on Mundy Street
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $55,320,300 | |
| Land Assessment | $14,944,000 | Total Assessment | $70,264,300 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$14,944,000
Improvements Assessment
$55,320,300
Total Assessment
$70,264,300
CONTACTS
-
Patrick Zerbe -
Chris Matus CCIM, SIOR -
NAI Keystone Commercial & Industrial LLC
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290 Mundy St
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