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    461 Mundy St Wilkes-Barre, PA 18702

    For Lease
    Contact for pricing

    Prime Wilkes-Barre retail space, 11,000 sq ft.

    Lot size:
    329,432 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail opportunity is located at 461 Mundy St, Wilkes-Barre, PA 18702, near the intersection of Mundy Street and I-81. The property, known as Wilkes-Barre Commons, is a Class B retail center totaling 329,432 square feet, comprised of twelve single-story buildings. Currently, there is 11,000 square feet of immediately available space, perfect for a junior anchor or pad tenant. The minimum divisible space is 11,000 square feet, making it ideal for a single large tenant. The property features a multi-tenant configuration, offering excellent visibility and accessibility. Its location in the Wilkes-Barre submarket provides access to a substantial customer base. The property's address is easily accessible from I-81, ensuring high traffic flow and convenient access for customers and employees. This is a rare opportunity to secure a significant retail presence in a thriving Pennsylvania market. The available space offers a blank canvas for a variety of retail concepts, providing ample room for customization and expansion. Contact us today to learn more about this exceptional retail leasing opportunity.

    Property Features for 461 Mundy St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    329,432 SF
    Class
    B

    Building Details

    Buildings
    12
    Stories
    1

    Unit(s) available at that property

    Space
    Pad
    Size
    11,000 SF

    HighLights

    • 11,000 SF of immediately available retail space in Wilkes‑Barre Commons, a 329,432 SF Class B retail center.
    • Located directly across from the Wyoming Valley Mall.
    • 42,238 households within a 15‑minute drive.
    • High visibility due to close proximity to I‑81.
    • Strong co‑tenancy including PetSmart, Staples, Best Buy, Dick's Sporting Goods, Old Navy, TJ Maxx, and Barnes & Noble.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Wilkes-Barre
    County
    Luzerne
    State
    Pennsylvania
    Longitude
    -75.8410778
    Latitude
    41.248156

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    FAQs

    What type of property is this?
    Retail property - Prime Wilkes-Barre retail space, 11,000 sq ft.
    Where is this retail property located?
    The property is located at 461 Mundy St Wilkes-Barre, PA.
    What are key features of this property?
    This property features: 11,000 SF of immediately available retail space in Wilkes-Barre Commons, a 329,432 SF Class B retail center.; Located directly across from the Wyoming Valley Mall.; 42,238 households within a 15-minute drive.
    Request Owner's contact information
    461 Mundy St Wilkes-Barre, PA 18702
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    461 Mundy St Wilkes-Barre, PA 18702
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