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    625 New Commerce Blvd Wilkes-Barre, PA 18706

    For Lease
    Contact for pricing

    Large Industrial Warehouse, Flexible Space

    Lot size:
    132,566 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional industrial property, located at 625 New Commerce Blvd in Wilkes-Barre, Pennsylvania, offers a total of 132,566 square feet of warehouse space. The building is classified as Class B and features two suites, providing flexibility for various business needs. Currently, 105,000 square feet is available, divisible into spaces ranging from a minimum of 25,000 square feet to a maximum contiguous space of 80,000 square feet. The warehouse boasts impressive ceiling heights ranging from 28 to 35 feet, providing ample vertical storage capacity. The property is equipped with 3-phase electric power, essential for many industrial operations. Situated in Luzerne County, this location offers convenient access to major transportation routes, making it an ideal distribution hub. While a portion of the space was previously used for food-grade distribution, the entire available space is suitable for a variety of dry warehouse uses. The property's size and layout make it suitable for a single large tenant or multiple smaller tenants. This is a rare opportunity to secure significant warehouse space in a prime Wilkes-Barre location. The zip code is 18706.

    Property Features for 625 New Commerce Blvd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    132,566 SF
    Class
    B

    Unit(s) available at that property

    Space
    Dry Storage
    Size
    80,000 SF
    Space
    Freezer Storage
    Size
    25,000 SF

    HighLights

    • 1,000 freezer pallet positions available.
    • 2,500 dry pallet positions available.
    • 28' to 35' clear ceiling height.
    • Fire, water, and intrusion alarm system.
    • 3‑phase power.
    • Fully sprinklered warehouse.
    Property Profile Location Intelligence

    Current Use by Public Records

    Keyco Distributors Inc Wholesaler Pero Family Farms Warehouse

    Suggested Use

    Restaurant Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Gym & Fitness Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Wilkes-Barre
    County
    Luzerne
    State
    Pennsylvania
    Longitude
    -75.9250938
    Latitude
    41.2021921

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    FAQs

    What type of property is this?
    Distribution property - Large Industrial Warehouse, Flexible Space
    Where is this distribution property located?
    The property is located at 625 New Commerce Blvd Wilkes-Barre, PA.
    What are key features of this property?
    This property features: 1,000 freezer pallet positions available.; 2,500 dry pallet positions available.; 28' to 35' clear ceiling height.
    Request Owner's contact information
    625 New Commerce Blvd Wilkes-Barre, PA 18706
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    Wilkes-Barre, PA 18706
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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
    625 New Commerce Blvd Wilkes-Barre, PA 18706
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