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    1212 Scott St Wilkes-Barre, PA 18705

    For Lease
    $12 SF/Yr

    Multi-tenant building, excellent location, 110,000 sqft

    Lot size:
    110,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional multi-tenant property, located at 1212 Scott Street in Wilkes-Barre, Pennsylvania, offers a unique blend of office and warehouse space. The 110,000 square foot building sits on a 4.33-acre lot and boasts a variety of space types, including traditional office, executive office, flex space, and warehouse areas, making it ideal for a diverse range of businesses. Built in 1982, the two-story building features a substantial 14-foot ceiling height, providing ample vertical space. The warehouse component includes 12 dock-high doors for efficient loading and unloading. Currently, there is one 1,200 square foot office space available. The property is zoned LI and its APN is 73-G10SE3-016-001. Its strategic location in Luzerne County offers easy access to major transportation arteries, including the Cross Valley Expressway, I-81 interchange, and I-476 Turnpike NE extension, ensuring convenient commutes and efficient logistics. The building is very well-maintained and has recently undergone updates to the office areas. This property presents a compelling investment opportunity in a thriving location. The zip code is 18705.

    Property Features for 1212 Scott St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    110,000 SF
    Total Rate
    114583.33

    Building Details

    Year Built
    1982
    Stories
    2

    Unit(s) available at that property

    Space
    Space 1
    Size
    1,200 SF
    Rate per SF
    $12

    HighLights

    • 110,000 SF multi‑tenant building on a 4.33‑acre lot in Wilkes‑Barre, PA.
    • Features office, executive office, flex, and warehouse space; 12 dock‑high doors.
    • One 1,200 SF office space currently available.
    • 14‑foot ceiling height; built in 1982; recently updated office areas.
    • Zoned LI; APN 73‑G10SE3‑016‑001; Zip code 18705.
    • Excellent access to major highways including Cross Valley Expressway, I‑81, and I‑476.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Custom Seats Inc. Manufacturer Backspin Seating Manufacturer Grinning Portable Toilets ... Portable Toilet Supplier JDC Dispatch Services Logistics Service Dale Associates Packaging Company

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Wilkes-Barre
    County
    Luzerne
    State
    Pennsylvania
    Longitude
    -75.83960511
    Latitude
    41.2614946

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    FAQs

    What type of property is this?
    Distribution property - Multi-tenant building, excellent location, 110,000 sqft
    Where is this distribution property located?
    The property is located at 1212 Scott St Wilkes-Barre, PA.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 110,000 SF multi-tenant building on a 4.33-acre lot in Wilkes-Barre, PA.; Features office, executive office, flex, and warehouse space; 12 dock-high doors.; One 1,200 SF office space currently available.
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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
    1212 Scott St Wilkes-Barre, PA 18705
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