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Property profile & analytics
OFF-MARKET
Office buildings

250 Pierce St Kingston, PA 18704-5149

1.16 ac lot
Individually Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US73-1798665
Property summary
AI-generated overview

Officenter 250, a Class B office building located at 250 Pierce St, Kingston, PA 18704, offers 31,000 square feet of versatile space. This three-story building, constructed in 1988 and renovated in 2022, features 51 suites suitable for traditional or medical office uses. Currently, 3,168 square feet are vacant, with available spaces ranging from 432 to 720 square feet. The property boasts 176 parking spaces and a single elevator, catering to the needs of multiple tenants. Its convenient location in Luzerne County provides easy access to major roadways including Interstates 81, 80, 380, and 84, as well as Routes 309, 315, and 115. The building is well-maintained and offers on-site support staff for maintenance and cleaning. The property is zoned for commercial use and is situated within the Wilkes-Barre Scranton submarket, offering a strategic location for businesses seeking a presence in the Allentown area. Flexible space configurations are possible, allowing for customization to meet specific business requirements. This is an excellent opportunity for businesses seeking adaptable and well-maintained office space in a prime location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Lot 1.16 ac (50,530 SF)
APN 34-G9SE3-023-35A
UPID US73-1798665
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Gary Lippi · 2 yrs held
Gary Lippi
since 2024
Last sale
$125,000
1 recorded transaction
2024
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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