413 Rear Francis St Wilkes-Barre Township, PA 18702

Property Details for 413 Rear Francis St

Lot size

0.65 lot acres

Property type

Land

Description

This exceptional 0.65-acre commercial land parcel presents a unique redevelopment opportunity in the desirable Korn Krest area of Wilkes-Barre Township, Pennsylvania, zip code 18702. The property comprises seven parcels, strategically located at the intersection of Casey Avenue, Finn Street, and Francis Street, offering significant frontage on all three streets. Approximately 163 feet of frontage is available on Casey Avenue, 189 feet on Finn Street, and 156 feet on Francis Street. The topography is generally level, sloping gently upward towards Francis Street. The property's zoning is mixed-use, with four parcels designated B-2 and the remaining three parcels zoned R-2, allowing for a variety of development possibilities. Existing improvements include a commercial auto garage at 99 Casey Avenue, currently leased month-to-month with the tenant responsible for all utilities, including sewer. Additionally, there are three single-family homes (101, 105, and 115 Casey Avenue) and a restaurant (Empanada King at 103 Casey Avenue). The single-family homes are leased month-to-month, with long-term tenants (5-8 years) responsible for all utilities, including sewer. The restaurant has a lease of approximately five years, with the tenant responsible for all utilities, including sewer. Public utilities, including electricity, natural gas, sewer, and water, are readily available. This prime location offers excellent visibility and accessibility, making it ideal for a variety of commercial and residential ventures. The property's versatile zoning and existing income-generating properties make it an attractive investment opportunity.

Location Insight

City

Wilkes-Barre Township

County

Luzerne

State

Pennsylvania

Longitude

-75.8772

Latitude

41.2265