378 Main St Edwardsville, PA 18704
- Investment properties
- 0.20 lot acres
Current Use by Public Records
- Dave's Train Corner & More / Hobby Store
- Edwardsville marketplace / Antique Store
- Lisa's City Barn / Craft Store
- Cracker Jack / Bar
- Arkana Antiques and Oddities / Antique Store
Property Details for 378 Main St
- Lot size
- 0.20 lot acres
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 73-G10SE2-007-011
- APU
- 73G10SE2007011
Description
This exceptional mixed-use property, located at 378 Main St, Edwardsville, PA 18704, presents a lucrative investment opportunity. The 5,000 to 10,000+ square foot building is currently configured as a shopping center with two established tenants under a triple net (NNN) lease agreement. The asking price for the entire property is $1,100,000. The retail space is currently occupied, providing immediate cash flow. A significant portion of the building offers warehouse space, also available for lease at a rate of $5 NNN per square foot. This versatile property is ideally situated in Luzerne County, Pennsylvania, offering excellent visibility and accessibility. The property's mixed-use nature allows for diverse income streams and potential for future development or expansion. The existing tenants provide a stable foundation for immediate return on investment, while the available warehouse space offers significant upside potential for additional rental income. This is a rare opportunity to acquire a well-located, income-producing property in a thriving Pennsylvania market. The property's size and configuration make it suitable for a variety of uses, offering flexibility for both current and future tenants. Detailed financial information and lease agreements are available upon request. Don't miss this chance to secure a strong investment in a prime location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $250,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $260,000
- 6.5%
- $280,000
- 7%
- $280,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $250,000
- Geo Method
- $265,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $310,000
- Retail
- $260,000
- Mixed-Use
- $335,000
- Hospitality
- $300,000
- Educational
- $305,000
- Residential Income
- $340,000
- Energy
- $260,000
- Income-Based Land
- $265,000
- Food Service
- $325,000
Location Insight
- Map
- Local Demand
- City
- Wilkes Barre
- County
- Luzerne
- State
- Pennsylvania
- Longitude
- -75.8316
- Latitude
- 41.2675
- CBSA code
- 42540
- CBSA name
- SCRANTON--WILKES-BARRE, PA METROPOLITAN STATISTICAL AREA
