High-Visibility Retail
555 Scott St Wilkes Barre, PA 18702
For Sale
Contact for pricing
Former pet supply storefront available for sale or lease in a high-traffic area.
Property Size8,540 SF
Price / SF$107.14
Days on Market21
Property Features for 555 Scott St
General Information
Standard status
Active
Size
8,540 SF
Property subtype
RETAIL
Listing Agency:
Lawrence Real Estate L.L.C.
(570) 825-5263
Listed By:
Lawrence Lebenson
(570) 825-5263
Source:
Moodyscre
Added: Jul 9
Changed: Jul 28
Last Checked: Jul 28 at 10:02AM
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 Lawrence Real Estate L.L.C.
Investment Insights
Based on property information with market context.
This retail storefront property is offered for sale or lease and includes the former pet supplies tenant space. The asset is positioned for strong customer draw based on the stated high-visibility and traffic location.
The property is located at 555 Scott St in Wilkes-Barre, PA. The listing information emphasizes the site’s visibility and traffic characteristics for retail use.
For prospective tenants or buyers, this is a retail-focused building opportunity with existing storefront configuration suited to neighborhood-serving retail operations.
The property is located at 555 Scott St in Wilkes-Barre, PA. The listing information emphasizes the site’s visibility and traffic characteristics for retail use.
For prospective tenants or buyers, this is a retail-focused building opportunity with existing storefront configuration suited to neighborhood-serving retail operations.
Key Highlights
- Former pet supplies storefront available for sale or lease
- Located in a highly visibility, high‑traffic area
Financial Insights For Retail
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 | $112.7k | $13.20 |
| − Vacancy | −$11.3k | −$1.32 |
| EGI | $101.5k | $11.88 |
| − OpEx | −$30.4k | −$3.56 |
| NOI | $71.0k | $8.32 |
8,540 SF · lease $13.20/SF/yr · vacancy 10.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.01M
$887.7K – $1.18M
NOI $71,019 @ 7.0% cap · market cap 7.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.71M
$2.37M – $3.16M
NOI $189,383 @ 7.0% cap · market cap 20.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Flower Tent — 251 mundy st, wilkes-barre township, pa 18702
- Mc Carthy Flowers — 308 Kidder St, Wilkes-Barre, PA 18702
- Central Market Florist — 245 Wilkes Barre Township Blvd, Wilkes-Barre Township, PA 18702
Frequently Asked Questions
What type of property is this?
Storefront property - Former pet supply storefront available for sale or lease in a high-traffic area.
Where is this storefront property located?
The property is located at 555 Scott St Wilkes Barre, PA.
What is the asking price?
The asking price for this property is $915,000.
What are key features of this property?
This property features: Former pet supplies storefront available for sale or lease; Located in a highly visibility, high‑traffic area
