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3-Story Brick Commercial Building
For Sale
$775,000

45 River St, Wilkes Barre, PA 18702

All-brick building with apartments on floors two and three, a full basement, and a liquor license included in the sale.

Property SizeContact for details
Days on Market97

Property Features for 45 River St

General Information

Standard status Active

Additional Details

Liquor License Yes

Taxes and HOA fees

Annual Taxes $13,480

Building Details

Stories 3
Construction all-brick
Listing Agency: C. A. Leighton Company Inc
Listed By: Brian Leighton, Jr · License #AB069709
Source: Exprealty
Added: May 20 Changed: Aug 23 Last Checked: Aug 23 at 11:18AM

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 C. A. Leighton Company Inc

Investment Insights

Based on property information with market context.

This all-brick, three-story commercial building offers an existing mixed-use configuration with apartments on the 2nd and 3rd floors. The property also includes a full basement with high ceilings, providing additional storage and possible expansion space. The building is offered in an AS-IS condition, and any change of use is solely the responsibility of the buyer, including obtaining proper zoning approval. A liquor license is included in the sale.

The property overlooks the Susquehanna River and is described as being in a high-traffic location with outstanding visibility. It is also located within walking distance to downtown Wilkes-Barre and nearby colleges.

With retail/commercial space supported by the on-site residential units and substantial basement area, the building presents a flexible platform for continued operation under existing uses or for a buyer-led repositioning plan subject to required approvals.

Key Highlights

  • All‑brick, 3‑story commercial building with apartments on the 2nd and 3rd floors
  • Liquor license included in the sale
  • Full basement with high ceilings for storage or potential expansion

Property Analytics

Current Use

McMurtans Dumpsters Waste Management Facility

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store Electrical Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Catering Service

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
Liquor license

Location Intelligence

Trade Area within ½ mile

557
Businesses Nearby

Demographics for 18702, PA

42,133
Population
19,738
Households
2.1
Avg Household Size
40
Median Age
23%
College-Educated
87%
High-School Grad
78.1 sq mi
ZIP Area
539
Density / Sq Mi
$54,892
Median Household Income
$36,911
Median Earnings
$971
Median Rent
$115,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - All-brick building with apartments on floors two and three, a full basement, and a liquor license included in the sale.
Where is this retail space located?
The property is located at 45 River St Wilkes Barre, PA.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: All‑brick, 3‑story commercial building with apartments on the 2nd and 3rd floors; Liquor license included in the sale; Full basement with high ceilings for storage or potential expansion
More about this property
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