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Office Suite with Four Private Offices
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229 Nicholson St, Wilkes Barre, PA 18706

Office suite includes four private offices, reception space, kitchen/break room, and conference area plus parking for about 15 vehicles.

Space Size1,838 SF
Days on Market108

Property Features for 229 Nicholson St

General Information

Standard status Active
Size 1,838 SF
Total Parking Spaces 15
Property subtype OFFICE

Spaces For Lease

at 229 Nicholson St
229 Nicholson St $2,400/Mo
Floor 1
Size 1,838 SF
Type OFFICE
Availability AVAILABLE, COE
Sublease No
Prime Commercial Lease Opportunity in a High Traffic Location with Excellent Visibility! Position your business for success in this prime location w/exceptional street presence & easy accessibility. This property is ideal for professional offices or service-based businesses. It features 4 private offices; a kitchen/break room; rest room; conference/training room or additional office space; large reception area or additional conference/training area w/attractive stone fireplace. Addl highlights incl. parking for about 15 vehicles & a one-car garage w/storage, ideal for supplies, equipment or inventory. This versatile layout offers both functionality & flexibility to accommodate a variety of business needs. Take advantage of outstanding exposure & make this space the new home for your growing business!
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Listing Agency: Lewith & Freeman Real Estate, Inc.
Listed By: Lisa Joseph
Source: Moodyscre
Added: Jun 24 Changed: Sep 11 Last Checked: Oct 7 at 3:31PM

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 Lewith & Freeman Real Estate, Inc.

Investment Insights

Based on property information with market context.

This office suite offers a functional mix of private and shared spaces, including four private offices, a large reception area, and a conference/training room that can also serve as additional office space. The layout also includes a kitchen/break room, a restroom, and an additional conference/training area with an attractive stone fireplace.

The space is positioned on a high-traffic location with excellent visibility and easy accessibility. Parking is provided for about 15 vehicles, and there is also a one-car garage with storage that can be used for supplies, equipment, or inventory.

Overall, the arrangement supports a professional office or service-focused business that needs multiple rooms for meetings, training, and day-to-day work.

Key Highlights

  • Office suite with 4 private offices, a reception area, and a conference/training room
  • Includes a kitchen/break room and a restroom
  • Conference/training area features an attractive stone fireplace

Property Analytics

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Current Use

Re/Max Precision Properties Real Estate Agency

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Restaurant Big Box & Wholesale 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

NNN (Triple Net)
Lease Type
$2.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

345
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Wilkes Barre, PA

$13.71 /SF/Yr
Avg Asking Price
$9–$21.72 /SF/Yr
Price Range
24,448 SF
Avg Space Size

This space is priced 14% above the average of $13.71 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Office units - Office suite includes four private offices, reception space, kitchen/break room, and conference area plus parking for about 15 vehicles.
Where is this office units located?
The property is located at 229 Nicholson St Wilkes Barre, PA.
What is the lease rate?
The lease rate is $2,400/Mo.
What are key features of this property?
This property features: Office suite with 4 private offices, a reception area, and a conference/training room; Includes a kitchen/break room and a restroom; Conference/training area features an attractive stone fireplace
(570) 239-6493 Call to check price and availability
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