700 Main St Plymouth, PA 18651
- Investment properties
- 1.10 lot acres
Current Use by Public Records
- Main Beverage / Liquor Store
- Hidden Garden / Plant Nursery
- Stitch Smashburgers / Fast Food Restaurant
- Spaktacular Shine Mobile Detailing LLC / Car Detailing Service / Service Establishment
Property Details for 700 Main St
- Lot size
- 1.10 lot acres
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 38-H8S5-006-002
- APU
- 38H8S5006002
Description
This exceptional retail property, located at 700 E. Main Street in Plymouth, Pennsylvania (zip code 18651), offers a unique leasing opportunity. Situated on a 1.1-acre lot in Luzerne County's B-2 Highway Business District, this free-standing building boasts 10,400 square feet of space, with 6,000 square feet currently available for immediate lease. The property features a two-story design, built in 1970, and includes 17 parking spaces. The zoning allows for a variety of retail uses, making it ideal for businesses needing high visibility and accessibility. With 280 feet of road frontage on Route 11, the property benefits from a daily traffic count of 17,961 vehicles. The building's design incorporates potential drive-thru garage bays and a showroom with drive-in access, enhancing its functionality. Additional features include a 1,600 square foot second-floor storage area, modern utilities such as natural gas heating and 3-phase electric service, and ample off-street parking. The minimum leasable space is 6,000 square feet, with the potential to lease the entire 10,400 square feet. This property's location in the Northeast Pennsylvania submarket, specifically the I-81 corridor, provides excellent access to major transportation routes and a strong customer base. The property's APN is 38-H8S5-006-002-000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $280,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $395,000
- 6.5%
- $345,000
- 7%
- $380,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $365,000
- Geo Method
- $320,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $375,000
- Retail
- $360,000
- Mixed-Use
- $370,000
- Hospitality
- $445,000
- Educational
- $335,000
- Residential Income
- $390,000
- Energy
- $420,000
- Income-Based Land
- $425,000
- Food Service
- $425,000
Location Insight
- Map
- Local Demand
- City
- Larksville
- County
- Luzerne
- State
- Pennsylvania
- Longitude
- -75.9287
- Latitude
- 41.2461
- CBSA code
- 42540
- CBSA name
- SCRANTON--WILKES-BARRE, PA METROPOLITAN STATISTICAL AREA