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Brick Restaurant Building
For Sale
$250,000

13 Woodward Street, Wilkes Barre, PA 18705

Commercial Sale, Wilkes-Barre, PA

Property Size1,000 SF
Lot Size0.14 Acres
Price / SF$250
Days on Market263

Property Features for 13 Woodward Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning C2
Parking 5
Elementary school district Wilkes-Barre Area
Middle school district Wilkes-Barre Area
High school district Wilkes-Barre Area
Directions From N Washington St, George Ave to left on Woodward St.
Standard status Active
APN 73H10NE1017021000
Size 1,000 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 73-18-408-4 13 Woodward St
Tax Annual Amount 1252
Legal Description 73-18-408-4 13 Woodward St

Utilities

Heating system Natural Gas

Amenities

two bathrooms
ample storage space

Building Details

Year built 1950
Floors in Building 1
Number of units 1
Building materials Brick
Roof type Rubber
Listing Agency: C21 Jack Ruddy Real Estate · Century 21 Real Estate
Listed By: Karen Kashuba
Added: Feb 3 Changed: Oct 16 Last Checked: Oct 24 at 8:06PM
MLS# SC260427

Copyright © 2026 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.

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Investment Insights

Based on property information with market context.

This brick commercial building is configured for restaurant use, with approximately 1,000 square feet on the main level, two bathrooms, and a basement providing additional storage. The building itself is being offered for sale; the prior restaurant business is not included.

The property includes generous parking and carries C2 zoning. Constructed in 1950, it has natural gas heating and a rubber roof. Its compact commercial layout combines customer-facing space on the main floor with supporting storage below.

Key Highlights

  • Approximately 1,000 sq ft on the main floor
  • Two bathrooms included in the main‑level layout
  • Basement provides ample storage space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,778
Cap Rate
4.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$215,560 $215.6K
Cap Rate 7%
$153,971 $154.0K
Cap Rate 9%
$119,756 $119.8K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$15.0K $15.00/SF
− Vacancy
−$630 −$0.63/SF
EGI
$14.4K $14.37/SF
− OpEx
−$3.6K −$3.59/SF
NOI
$10.8K $10.78/SF
Area
Luzerne County, PA
Vacancy
4.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$215,560
Cap Rate 7%
$153,971
Cap Rate 9%
$119,756

Alternative Uses

Best Use
Specialty Retail
$154.0K
$134.7K – $179.6K (±1% cap)
NOI $10,778 @ 7.0% cap · market cap 4.31%
Second Best
Retail
$118.8K
$104.0K – $138.6K (±1% cap)
NOI $8,316 @ 7.0% cap · market cap 3.33%
Theoretical Best
Office A
$316.8K
$277.2K – $369.6K (±1% cap)
NOI $22,176 @ 7.0% cap · market cap 8.87%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Ceccoli's Pizza Restaurant

Suggested Use

Top Pick Real Estate Agency Carpet & Flooring Store Catering Service HVAC Service Barber Shop Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

245
Businesses Nearby
11k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Turkey Hill Minit Market Shops & Services
10,837 visits/mo 0.3 miles

Demographics for 18705, PA

14,832
Population
7,268
Households
2
Avg Household Size
44
Median Age
23%
College-Educated
88%
High-School Grad
5.0 sq mi
ZIP Area
2,966
Density / Sq Mi
$61,293
Median Household Income
$35,965
Median Earnings
$1,006
Median Rent
$122,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - C2-zoned commercial building with basement storage, two bathrooms, and on-site parking.
Where is this conventional restaurant located?
The property is located at 13 Woodward Street Wilkes Barre, PA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Approximately 1,000 sq ft on the main floor; Two bathrooms included in the main‑level layout; Basement provides ample storage space
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