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    335 New Commerce Blvd Wilkes-Barre, PA 18706

    Sponsored
    For Lease
    Contact for pricing

    21,731 SF Office, Excellent Location

    Lot size:
    70,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 21,731-square-foot office space is situated in a well-maintained, 70,000-square-foot flex building in Wilkes-Barre, PA. Located at 335 New Commerce Blvd, 18706, this single-tenant space boasts a modern, recently renovated interior, ideal for a variety of businesses. The property features a mostly wide-open floor plan, perfect for a call center or similar operation, complemented by five private offices, a conference room, a large training room, and ample restroom facilities. The building offers convenient access to I-81, within a five-minute drive, and benefits from its location in an established business park with a strong labor pool. Parking is abundant with 485 spaces available on-site. The space includes a Class III wet sprinkler system, two 400-amp 120/208, 3-phase electrical services, and 2x4 fluorescent lay-in troffer lighting fixtures. The property sits on 10.52 acres and is a single-story Class B building. This is a prime opportunity to secure a substantial, well-equipped office space in a desirable Wilkes-Barre location. The property is part of the Scranton/Wilkes-Barre submarket, specifically within the Greater Wilkes-Barre cluster.

    Property Features for 335 New Commerce Blvd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    70,000 SF
    Class
    B

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    0 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Genpact Corporate Office

    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
    -75.9238915
    Latitude
    41.2083835

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    FAQs

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    Office Property / Space - 21,731 SF Office, Excellent Location
    Where is this office property / space located?
    The property is located at 335 New Commerce Blvd Wilkes-Barre, PA.
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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
    335 New Commerce Blvd Wilkes-Barre, PA 18706
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