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Property profile & analytics

162 Union St Plains, PA 18705

  • Bars
  • 0.58 lot acres
Value Estimation
Last Sale
Jun 24, 2022
Location Intelligence
Property ID
US73-2118190
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Bars

Property Details for 162 Union St

Lot size
0.58 lot acres
Property type
Bars
Property subtype
Pubs
APN
50-G11S3-001-001
APU
50G11S3001001

Description

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.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $270,000
  • CAP approach

    CAP return
    Estimation
    6%
    $330,000
    6.5%
    $345,000
    7%
    $385,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $355,000
    Geo Method
    $330,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $395,000
    Retail
    $370,000
    Mixed-Use
    $390,000
    Hospitality
    $310,000
    Educational
    $410,000
    Residential Income
    $345,000
    Energy
    $305,000
    Income-Based Land
    $315,000
    Food Service
    $365,000

Location Insight

  • Map
  • Local Demand
City
Plains
County
Luzerne
State
Pennsylvania
Longitude
-75.813
Latitude
41.2779
CBSA code
42540
CBSA name
SCRANTON--WILKES-BARRE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,396
$50,800
$76,100
$126,900
-
$50,800
$76,100
$126,900
More about this property
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