162 Un St Plains, PA 18702-7114
This exceptional commercial property, located at 162 Union St, Wilkes-Barre, PA 18702, presents a unique investment opportunity. Formerly Dan's Keystone Grill, this two-story restaurant building offers 2,862 square feet of space situated on a generous 2-acre lot. The asking price is $165,000, translating to $57.65 per square foot. The property boasts ample parking, accommodating up to 30 vehicles, and includes four bathrooms. An existing outdoor bar adds to the property's versatility and potential. The building is zoned for commercial use, providing flexibility for a variety of restaurant or retail concepts. Its prime location in Luzerne County offers excellent visibility and accessibility. The spacious layout and existing infrastructure provide a solid foundation for a new business venture. This is a rare chance to acquire a substantial property with significant potential for redevelopment and growth in a thriving Pennsylvania market. The property is currently vacant and ready for immediate occupancy, allowing for a swift transition to your vision. Don't miss this opportunity to transform this established location into your next successful enterprise.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.