Assisted Living Facility,
Withheld by request Wilkes Barre, PA 18701
For Sale
$1,700,000
COMMERCIAL - Wilkes Barre, PA
Property Size15,000 SF
Lot Size0.25 Acres
Price / SF$113.33
Days on Market133
Property Features for Withheld by request
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- Withheld by request
- Size
- 15,000 SF
- Lot size
- 0.25 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Ductless (Heating), Electric (Heating)
- Cooling system
- Central Air, Ductless
- Water source
- Public
Building Details
- Year built
- 1902
- Floors in Building
- 3
Listing Agency:
The Daniel Perich Group
(570) 500-0151
Listed By:
Daniel M. Perich · License #RB070171
(570) 500-0151
Added: Mar 17
Changed: Jun 24
Last Checked: Jul 27 at 12:06AM
MLS# PM-140106
Copyright © 2026 Pocono Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This is an opportunity to acquire a 55-bed assisted living facility located in Luzerne County, near Wilkes-Barre, Pennsylvania. The property is fully equipped and operational, benefiting from a dedicated staff. The building has a size of 15000 square feet and is situated on a lot of 0.25 acres. This assisted living facility is positioned in a strategic location, offering proximity to major healthcare providers. This property is suited for investment in a stable and community-oriented healthcare facility.
Key Highlights
- 55‑bed assisted living facility in Luzerne County near Wilkes‑Barre
- Facility is fully equipped and operational with dedicated staff
- Heating includes ductless and electric systems
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $221.4k | $14.76 |
| − Vacancy | −$17.3k | −$1.15 |
| EGI | $204.1k | $13.61 |
| − OpEx | −$91.9k | −$6.12 |
| NOI | $112.3k | $7.48 |
15,000 SF · lease $14.76/SF/yr · vacancy 7.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.60M
$1.40M – $1.87M
NOI $112,272 @ 7.0% cap · market cap 6.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.75M
$4.16M – $5.54M
NOI $332,640 @ 7.0% cap · market cap 19.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Assisted living facilities
Similar Off Market Nearby
- Allied Services Center City Apartments — 80 E Northampton St, Wilkes-Barre, PA 18701
- BAYADA Home Health — 100 Wilkes-Barre Blvd 2nd floor, Suite 207, Wilkes-Barre, PA 18702
- South View Manor — 60 Monroe St, Wilkes-Barre, PA 18702
- ReminisCity Dementia Village — 30 E Northampton St, Wilkes-Barre, PA 18701
- Hospice Care of the VNA — 80 E Northampton St, Wilkes-Barre, PA 18701
FAQs
What type of property is this?
Assisted living facility - 55-bed assisted living facility in Luzerne County for sale.
Where is this assisted living facility located?
The property is located at Withheld by request Wilkes Barre, PA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 55‑bed assisted living facility in Luzerne County near Wilkes‑Barre; Facility is fully equipped and operational with dedicated staff; Heating includes ductless and electric systems
