Commercial Building For
13 Woodward Street Wilkes Barre, PA 18705
For Sale
Contact for pricing
Commercial building for sale, currently operating as a pizza restaurant.
Property Size1,000 SF
Price / SF$250
Days on Market164
Property Features for 13 Woodward Street
General Information
- Standard status
- Active
- Size
- 1,000 SF
- Property subtype
- Special Purpose
Listing Agency:
CENTURY 21 Jack Ruddy Real Estate
Listed By:
Karen Kashuba · License #PA
Source:
Crexi
Added: Feb 12
Changed: Jul 6
Last Checked: Jul 26 at 3:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 Jack Ruddy Real Estate
Investment Insights
Based on property information with market context.
Located off N Washington St and George Ave on Woodward St in Wilkes-Barre, PA, this commercial building is available for purchase. Currently operating as a pizza restaurant, the sale includes the building only; the business is not included. The main floor provides approximately 1,000 sq ft of space and includes two bathrooms. The basement offers ample storage. Generous parking is available. This property is suitable for investors or owner-operators seeking a versatile commercial space.
Key Highlights
- Operating commercial building suitable for immediate use.
- Generous parking included.
- Main floor of approximately 1,000 sq ft.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $15.0k | $15.00 |
| − Vacancy | −$630 | −$0.63 |
| EGI | $14.4k | $14.37 |
| − OpEx | −$3.6k | −$3.59 |
| NOI | $10.8k | $10.78 |
1,000 SF · lease $15.00/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$154.0K
$134.7K – $179.6K
NOI $10,778 @ 7.0% cap · market cap 4.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$316.8K
$277.2K – $369.6K
NOI $22,176 @ 7.0% cap · market cap 8.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Ceccoli's Pizza
Restaurant
FAQs
What type of property is this?
Conventional restaurant - Commercial building for sale, currently operating as a pizza restaurant.
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: Operating commercial building suitable for immediate use.; Generous parking included.; Main floor of approximately 1,000 sq ft.
