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    180 Welles St Forty Fort, PA 18704

    Sponsored
    For Lease
    Contact for pricing

    Forty Fort, PA Office Building - Multiple Suites Available

    Lot size:
    381,881 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Forty Fort, PA office building, located at 180-190 Welles Street, offers 381,881 square feet of versatile space, ideal for executive, medical, or creative office uses. The property, a Class B building constructed in 1970 and renovated in 2021, features multiple tenancy options with a minimum divisible space of 3,860 square feet and spaces available ranging up to 10,134 square feet. Conveniently situated off Exit 4 of the Cross Valley Expressway (Route 309), it enjoys excellent access to I-81 (within 5 minutes) and is less than six miles from five major hospitals and medical facilities. The building boasts 570 on-site parking spaces and passenger elevators, catering to the needs of both employees and clients. Its prime location within a 20-minute drive of a population exceeding 200,000 offers a strong labor pool and significant market reach within the Scranton/Wilkes-Barre submarket of Luzerne County. This property presents a unique opportunity to establish a thriving business in a well-connected and amenity-rich environment. The building's adaptable layout and modern amenities make it an attractive option for a variety of businesses seeking a strategic location in Northeastern Pennsylvania.

    Property Features for 180 Welles St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    381,881 SF
    Class
    B

    Building Details

    Year Built/Renovated
    1970/2021

    Unit(s) available at that property

    Space
    Suite 180
    Size
    8,326 SF
    Space
    Suite 106
    Size
    10,134 SF
    Space
    Suite 112
    Size
    3,860 SF
    Space
    Suite 114
    Size
    0 SF

    HighLights

    • 0.25‑mile proximity to SR 309.
    • 5‑minute drive to I‑81.
    • Strong demographics: 200,000 residents within a 20‑minute radius.
    • Ample free surface parking.
    • Flexible suite sizes available.
    • Mericle offers build‑to‑suit options and 24/7 property maintenance.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Forty Fort
    County
    Luzerne
    State
    Pennsylvania
    Longitude
    -75.8746385
    Latitude
    41.2760481

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Office space - Forty Fort, PA Office Building - Multiple Suites Available
    Where is this office space located?
    The property is located at 180 Welles St Forty Fort, PA.
    What are key features of this property?
    This property features: 0.25-mile proximity to SR 309.; 5-minute drive to I-81.; Strong demographics: 200,000 residents within a 20-minute radius.
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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
    180 Welles St Forty Fort, PA 18704
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