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Property profile & analytics
OFF-MARKET
Specialty properties

59 Parry St Wilkes-Barre, PA 18709

20,000 SF 2.26 ac lot
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property in Luzerne, Pennsylvania presents a unique redevelopment opportunity. The 20,000 square foot site encompasses three buildings situated on a 2.26-acre fenced lot. Previously a banquet hall and school, the property boasts a prime location at the corner of Parry, Kelly, and Main Streets, offering excellent visibility and accessibility. Conveniently located near the Luzerne Shopping Plaza and the Back Mountain Trail, this location provides both commercial and recreational advantages. The property features ample parking for approximately 100 cars, a newer rolled rubber roof, and robust electrical service (1000 amp, 3-phase, 120/208). Additional features include a private fenced play area and two connected raised outdoor buildings. The property's strategic location provides easy access to major highways including Route 309, I-81, Route 315, Route 115, and I-476 (PA Turnpike), enhancing its commercial viability. The property also includes one loading dock and is identified by APN 41-F9SE4-014-011. This is an ideal investment for a special purpose or redevelopment project seeking high visibility and convenient access to major transportation routes. The property's size and location offer significant potential for a variety of uses.

Property profile
Verified
Property type Specialty properties
Total area 20,000 SF
Lot 2.26 ac (98,446 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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