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    495 Johnson St/Rte, Unit 309 Wilkes Barre, PA 18702

    Pending
    For Sale
    $2,100,000

    COMMERCIAL - Wilkes-Barre, PA

    Type:Retail
    Property size:
    6,215 SF
    Lot size:
    0.18 Acres
    Days on Market:
    82
    Last Refresh:
    Dec 14 at 5:06 am

    Property Features for 495 Johnson St/Rte

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Pending
    Zoning
    C2
    APN
    000390000
    Size
    6,215 SF
    Lot size
    0.18 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1980
    Floors in Building
    1
    Number of units
    5

    ERA One Source Realty (570) 587-9999 [email protected]

    Listing agent Bonnie Borgna-Kiehart (570) 650-4172

    Listing date Sep 24, 2025

    Copyright © 2025 Greater Scranton Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fully Rented Commercial Investment Property

    This commercial property, located in Wilkes-Barre, PA, is fully rented with leases that include yearly increases and long-term tenants. The property benefits from a prominent location and high visibility on a heavily traveled road. A new roof will be installed prior to the sale. The property offers ample parking. The building has a size of 6,215 square feet and is situated on a lot of 0.18 acres. The zoning is C2. It is located at 495 Johnson St/Rte 309, Wilkes-Barre, PA 18702.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Map

    City
    Wilkes Barre
    County
    Luzerne
    State
    Pennsylvania
    Longitude
    -75.880482
    Latitude
    41.223364

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    FAQs

    What type of property is this?
    Strip mall - Fully rented commercial property with long-term tenants and yearly increases.
    Where is this strip mall located?
    The property is located at 495 Johnson St/Rte, Unit 309 Wilkes Barre, PA.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: - Fully rented with leases, yearly increases, and long-term tenants, providing immediate and consistent income.; - Great location and visibility on a highly traveled road, maximizing exposure and accessibility.; - New roof to be installed prior to sale, eliminating immediate maintenance concerns.
    (570) 650-4172
    Request Owner's contact information
    495 Johnson St/Rte, Unit 309 Wilkes Barre, PA 18702
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    Wilkes Barre, PA 18702
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    495 Johnson St/Rte, Unit 309 Wilkes Barre, PA 18702
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