Industrial Flex
For Sale
Contact for pricing
29 New Commerce Blvd, Wilkes Barre, PA 18706
Industrial-zoned flex space with loading capacity and access to I-81, Route 11, and Route 29.
Property Size60,880 SF
Lot Size7.40 Acres
Price / SF$37.78
Days on Market125
Property Features for 29 New Commerce Blvd
General Information
Standard status
Active
Size
60,880 SF
Class
B
Total Parking Spaces
213
Lot size
7.40 Acres
Property subtype
Office, Industrial
Zoning
I-1 - General Industrial District
Investment Type
Value Add
Site & Location
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Dock-High Doors
4
Drive-In Doors
2
Building Details
Year Built
1979
Building Size
60,880 SF
Listed By:
Matthew Blumberg · License #RS332067
Source:
Crexi
Added: Apr 29
Changed: Aug 31
Last Checked: Aug 31 at 2:43AM
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 Matthew Blumberg
Investment Insights
Based on property information with market context.
The 60,880-square-foot flex facility occupies a 7.40-acre parcel at 29 New Commerce Blvd. Built in 1979, the property includes four loading doors and two drive-in doors, supporting warehouse, distribution, and other industrial configurations. Zoning is I-1 - General Industrial District. The American Red Cross currently occupies the building and is expected to vacate when the sale closes.
The property is in Wilkes-Barre, Pennsylvania, with immediate access to I-81, Route 11, and Route 29. The surrounding market includes distribution and manufacturing operations associated with Adidas, Chewy, Patagonia, and DHL Supply. The existing building and industrial zoning provide a basis for continued occupancy, leasing, or redevelopment, subject to applicable approvals and requirements.
The property is in Wilkes-Barre, Pennsylvania, with immediate access to I-81, Route 11, and Route 29. The surrounding market includes distribution and manufacturing operations associated with Adidas, Chewy, Patagonia, and DHL Supply. The existing building and industrial zoning provide a basis for continued occupancy, leasing, or redevelopment, subject to applicable approvals and requirements.
Key Highlights
- 60,880‑square‑foot flex facility on a 7.40‑acre parcel
- I‑1 - General Industrial District zoning
- Four existing loading doors and two drive‑in doors
Property Analytics
Current Use
Lease Details
4
Dock-high doors
2
Drive-in doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
92
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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 Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial-zoned flex space with loading capacity and access to I-81, Route 11, and Route 29.
Where is this flex space located?
The property is located at 29 New Commerce Blvd Wilkes Barre, PA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 60,880‑square‑foot flex facility on a 7.40‑acre parcel; I‑1 - General Industrial District zoning; Four existing loading doors and two drive‑in doors
