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    3 Commerce Rd Pittston, PA 18640

    For Lease
    $14 SF/Yr ($3,780 /Mo)

    Prime Retail/Office, Two Units Available

    Lot size:
    3,240 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional retail/office property, located at 3-5 Commerce Road in Pittston Township's Grimes Industrial Park, offers two immediately available spaces totaling 1,156 square feet. Situated on a 0.27-acre lot, the single-story, 3,240-square-foot building was constructed in 1993. Each unit is independently metered for electricity, with Unit 2 offering 575 square feet and Unit 3 providing 581 square feet. The minimum divisible space is 575 square feet, making it ideal for a variety of businesses. The building features a total of ten parking spaces for tenant and customer convenience. The property's convenient location at the southern entrance to the Grimes Industrial Park ensures high visibility and accessibility. The zoning is I-1 (Industrial), providing flexibility for various commercial uses. The property's address is 3-5 Commerce Road, Pittston Township, Luzerne County, Pennsylvania, with a cross street of Suscon Road and APN E12S200302D-51. Electrical service includes (1) 200 amp/120v and (2) 60 amp/120v. This is a fantastic opportunity for businesses seeking a well-located, versatile space in a thriving industrial park. Don't miss out on this chance to establish your business in a prime Pittston location.

    Property Features for 3 Commerce Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,240 SF
    Total Rate
    3780

    Building Details

    Year Built
    1993
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Unit 3 (Right Side)
    Size
    581 SF
    Rate per SF
    $14
    Space
    Unit 2 (Center)
    Size
    575 SF
    Rate per SF
    $14

    HighLights

    • 3,240 SF retail/office building on 0.27 acres in Pittston Township.
    • Multiple tenancy with 3 suites totaling 3,240 square feet.
    • 1,156 square feet of vacant space available, divisible to 575 SF minimum.
    • Two available retail/office spaces: 575 SF and 581 SF.
    • Located at the southern entrance to Grimes Industrial Park, with cross street access to Suscon Road.
    • 10 parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Auto Repair Shop Wholesale Shop Hotel & Motel HVAC Service Electrical Service Bakery Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Pittston
    County
    Luzerne
    State
    Pennsylvania
    Longitude
    -75.7213661
    Latitude
    41.3282326

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    FAQs

    What type of property is this?
    Retail property - Prime Retail/Office, Two Units Available
    Where is this retail property located?
    The property is located at 3 Commerce Rd Pittston, PA.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 3,240 SF retail/office building on 0.27 acres in Pittston Township.; Multiple tenancy with 3 suites totaling 3,240 square feet.; 1,156 square feet of vacant space available, divisible to 575 SF minimum.
    Request Owner's contact information
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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
    3 Commerce Rd Pittston, PA 18640
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