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Industrial-Zoned Office Building
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220 Lasley Ave, Wilkes Barre, PA 18706

Existing office facility on an industrial-zoned acreage parcel with an established corporate occupant and redevelopment potential.

Property Size133,000 SF
Lot Size36.56 Acres
Days on Market144

Property Features for 220 Lasley Ave

General Information

Standard status Active
Size 133,000 SF
Lot size 36.56 Acres
Property subtype Industrial
Zoning I-1, Industrial

Additional Details

Road Access Yes

Building Details

Year Built 1990
Buildings 1
Building Size 133,000 SF
Listing Agency: Avison Young - Suburban Philadelphia
Listed By: Adam Gillespie · License #PA RS293296
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 4:08PM

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 Avison Young - Suburban Philadelphia

Investment Insights

Based on property information with market context.

220 Lasley Avenue is a 133,000 gross-square-foot office property on 36.56 acres in Wilkes-Barre, Pennsylvania. The building was completed in two phases, in 1990 and 1992, and is currently occupied by Navient for office use.

The site carries I-1 Industrial zoning, which supports consideration of redevelopment into a 400,000+ SF industrial building. The property is directly next to Hanover Trade Center and Hanover Industrial Estates in Luzerne County, where Adidas, Chewy, Patagonia, and KraftHeinz are among the identified tenants.

Key Highlights

  • 133,000 gross square feet of existing office space
  • 36.56‑acre property in Wilkes‑Barre, PA
  • I‑1 Industrial zoning

Property Analytics

Current Use

Navient Loan Service

Suggested Use

Top Pick Dental Office Electrical Service Storage Facility Building Supply Garden Center Auto Parts Store

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

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

156
Businesses Nearby

Demographics for 18706, PA

16,338
Population
7,675
Households
2.1
Avg Household Size
43
Median Age
20%
College-Educated
91%
High-School Grad
26.3 sq mi
ZIP Area
621
Density / Sq Mi
$57,546
Median Household Income
$38,381
Median Earnings
$883
Median Rent
$121,900
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Existing office facility on an industrial-zoned acreage parcel with an established corporate occupant and redevelopment potential.
Where is this office building located?
The property is located at 220 Lasley Ave Wilkes Barre, PA.
What are key features of this property?
This property features: 133,000 gross square feet of existing office space; 36.56‑acre property in Wilkes‑Barre, PA; I‑1 Industrial zoning
More about this property
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