367-401 S Main St | Wilkes Barre, PA 18701
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- LoopNet Team
367-401 S Main St
Wilkes Barre, PA 18701
100% Leased Value-Add Retail Center w/ Pad · Retail Property For Sale
Investment Highlights
- Multi-tenant value-add retail shopping center in Wilkes-Barre CBD. 30-DAY CLOSING EXTENSION OPTION AVAILABLE | FINANCING AVAILABLE
- Exceptional value-add opportunity through completion of existing pad site with utility lines in place.
- High traffic and densely populated location (over 19,000 vehicles / day) minutes from Interstate 81 and Routes 11 and 309.
- 100% occupied with a strong history of tenant retention and upside potential from in-place rents significantly below market rates.
- Recent capital improvements and renovations completed by current ownership (new roof, new LED façade lighting, and expansion pad site).
- Prime, stabilized, cash-flowing center with e-commerce proof tenants, perfect for value-add investors seeking steady income and upside.
PROPERTY FACTS
Sale Condition
Auction Sale
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,000 SF
Building Class
C
Year Built
1990
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
0.89 AC
Zoning
C-2
Parking
11 Spaces (2.73 Spaces per 1,000 SF Leased)
Frontage
380 FT on S Main St
Amenities
- Signage
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