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32-Unit Mixed-Use Property
For Sale
$2,700,000

16 E Union Street Wilkes-Barre, Wilkes Barre, PA 18705

Three-story building approved for residential conversion with plans, parking, and permit-ready documentation.

Property Size48,383 SF
Price / SF$55.80
Days on Market49

Property Features for 16 E Union Street Wilkes-Barre

General Information

Standard status Active
Size 48,383 SF
Total Parking Spaces 58
Property subtype Mixed Use

Building Details

Building Size 48,383 SF
Buildings 1
Stories 3
Listing Agency: Steel City Realty
Listed By: Jennifer de Jesus · License #PA RM423820
Source: Luxehomesnepa
Added: Sep 15 Changed: Oct 10 Last Checked: Nov 1 at 11:39AM

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 Steel City Realty

Rey
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Investment Insights

Based on property information with market context.

The property is a 48,383-square-foot, three-story mixed-use building approved for conversion into 32 units. The sale includes architectural plans, MEP drawings, and contractor construction bids available for review, providing a documented framework for the planned redevelopment.

On-site parking includes 58 off-street spaces, with additional parking secured at a nearby public lot. The building is located near King's College and has approval in place for the proposed unit configuration, with the project positioned for the permitting and construction process.

Key Highlights

  • 48,383 SF three‑story mixed‑use building
  • Approved configuration for 32 units
  • Architectural plans and MEP drawings included

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Dental Office Law Firm Building Supply Big Box & Wholesale Store Hair Salon Bakery

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

131
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Three-story building approved for residential conversion with plans, parking, and permit-ready documentation.
Where is this mixed-use property located?
The property is located at 16 E Union Street Wilkes-Barre Wilkes Barre, PA.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: 48,383 SF three‑story mixed‑use building; Approved configuration for 32 units; Architectural plans and MEP drawings included
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