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Commercial Building with Garage Space
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540 S Main St, Wilkes Barre, PA 18701

20,727 SF building with garage and office/retail space.

Property Size20,727 SF
Lot Size1.98 Acres
Price / SF$33.53
Days on Market662

Property Features for 540 S Main St

General Information

Standard status Active
Size 20,727 SF
Total Parking Spaces 20
Lot size 1.98 Acres
Property subtype Retail
Zoning C-4
Investment Type Owner/User

Building Details

Buildings 1
Stories 1
Tenancy Single
Listing Agency: Mericle Commercial Real Estate Services
Listed By: Albert Guari · License #PA AB065633
Source: Crexi
Added: Nov 11, 2024 Changed: Aug 31 Last Checked: Sep 1 at 5:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mericle Commercial Real Estate Services

Investment Insights

Based on property information with market context.

This commercial building offers 20,727 square feet on 1.98 acres, encompassing five parcels. The property includes 17,275 square feet of garage space, divided into a 12,242-square-foot garage and a 5,033-square-foot garage. Additionally, there is a 3,452-square-foot office and retail area. The property is zoned C-4 (Heavy Commercial) and provides easy access along S. Main Street.

Key Highlights

  • Large 20,727 SF+\/- commercial building.
  • Significant garage space totaling 17,275 SF+\/-.
  • Located on a sizable 1.98 +\/- acre lot (5 parcels).

Property Analytics

Current Use

Clem-Mar House Medical Clinic Frank N Henry Big Box & Wholesale Store

Suggested Use

Top Pick Bakery Daycare Center Accounting Firm Locksmith Wine and Liquor Store Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

691
Businesses Nearby

Demographics for 18701, PA

4,658
Population
1,513
Households
3.1
Avg Household Size
27
Median Age
25%
College-Educated
87%
High-School Grad
0.5 sq mi
ZIP Area
9,316
Density / Sq Mi
$32,417
Median Household Income
$6,479
Median Earnings
$842
Median Rent
$245,700
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail property - 20,727 SF building with garage and office/retail space.
Where is this retail property located?
The property is located at 540 S Main St Wilkes Barre, PA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Large 20,727 SF+\/- commercial building.; Significant garage space totaling 17,275 SF+\/-.; Located on a sizable 1.98 +\/- acre lot (5 parcels).
(570) 823-1100 Call to check price and availability
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