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Home-Office Building with Parking

33 W South Street Wilkes Barre, PA 18701

New
33 W South Street, Wilkes Barre, PA, 18701
$475,000
For Sale
Claim this Listing
$475,000

COMMERCIAL - Wilkes-Barre, PA

Property Size3,552 SF
Price / SF$133.73
AddedJul 14
Days on Market2
Last RefreshJul 15 at 9:06 am

Property Features for 33 W South Street

General Information

Property type
Commercial Sale
Property subtype
Office
Bathrooms
3
Rooms
Bathroom 2, Bathroom 3, Bathroom 1
Standard status
Active
APN
73-H9SE2-010-020
Size
3,552 SF

Taxes and HOA fees

Tax Annual Amount
4564

Listing agent Darren G. Snyder

Listing office Darren G Snyder 216 S Franklin St, Wilkes Barre, PA

Listing date Jul 14, 2026

MLS# 26-3401

Copyright © 2026 Luzerne County Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This home-office live-work building was previously used as an attorney’s office and is noted as being on the National Historic Registry. The interior offers ample space for a receptionist area, a private conference room, a file room, a break room, four private offices, and three restrooms. A full basement provides additional storage.

The property is located at 33 W South Street in Wilkes-Barre, Pennsylvania. It also includes four off-street parking spaces.

With its combination of office-ready rooms and basement storage, the layout supports professional use while retaining the convenience of on-site parking.

Key Highlights

  • Home/office previously used as an attorney's office on the National Historic Registry
  • Includes space for a receptionist area, private conference room, file room, break room, and four private offices
  • Features 3 restrooms and multiple bathroom areas (Bathroom 1, Bathroom 2, Bathroom 3)

Local Financial Insights For Mixed Use

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 $63.9k $18.00
− Vacancy −$7.7k −$2.16
EGI $56.3k $15.84
− OpEx −$21.1k −$5.94
NOI $35.2k $9.90
3,552 SF · lease $18.00/SF/yr · vacancy 12.00% · expense 37.50%

Alternative Uses

Best Use
Office B
$895.2K
$783.3K – $1.04M (±1% cap)
NOI $62,664 @ 7.0% cap · market cap 13.19%
Second Best
Mixed Use
$502.4K
$439.6K – $586.1K (±1% cap)
NOI $35,165 @ 7.0% cap · market cap 7.40%
Theoretical Best
Office A
$1.13M
$984.6K – $1.31M (±1% cap)
NOI $78,769 @ 7.0% cap · market cap 16.58%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flora Jr Al Law Firm

Suggested Use

Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Furniture & Home Goods Kitchen & Bath Showroom Home Appliance Store (Bike/Boat/Book/etc) Store Garden Center Cafe & Coffee Shop Pet Grooming Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Live-work space - Live-work building formerly used as an attorney’s office, with four private offices, conference room, basement storage, and four off-street spaces.
Where is this live-work space located?
The property is located at 33 W South Street Wilkes Barre, PA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Home/office previously used as an attorney's office on the National Historic Registry; Includes space for a receptionist area, private conference room, file room, break room, and four private offices; Features 3 restrooms and multiple bathroom areas (Bathroom 1, Bathroom 2, Bathroom 3)
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