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    540 Main St Wilkes-Barre, PA 18701

    Sponsored
    For Sale
    $950,000

    20,727 SF Retail Space, High Visibility

    Property size:
    20,727 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 540 S. Main Street in Wilkes-Barre, Pennsylvania, presents a significant investment opportunity. The single-story building encompasses a substantial 20,727 square feet situated on a generous 1.98-acre lot comprised of five parcels (APN: I9NE1006006-73

    Property Features for 540 Main St

    General Information

    Property type
    Individual retail properties
    Square Feet
    20,727 SF
    Lot Size
    86,249 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • 20,727 SF single‑story building on a 1.98‑acre lot.
    • Located at 540 S. Main Street, Wilkes‑Barre, PA.
    • Significant investment opportunity.
    • Property consists of five parcels (APN: I9NE1006006‑73).
    Property Profile Location Intelligence

    Current Use by Public Records

    Clem-Mar House Addiction Treatment Center Frank N Henry Building Materials Store

    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
    Wilkes-Barre
    County
    Luzerne
    State
    Pennsylvania
    Longitude
    -75.898376229119
    Latitude
    41.236637593825

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    FAQs

    What type of property is this?
    Individual retail property - 20,727 SF Retail Space, High Visibility
    Where is this individual retail property located?
    The property is located at 540 Main St Wilkes-Barre, PA.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: 20,727 SF single-story building on a 1.98-acre lot.; Located at 540 S. Main Street, Wilkes-Barre, PA.; Significant investment opportunity.
    Request Owner's contact information
    540 Main St Wilkes-Barre, PA 18701
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    Wilkes-Barre, PA 18701
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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
    540 Main St Wilkes-Barre, PA 18701
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