250 Pierce St Kingston, PA 18704-5149
- Office buildings
- 1.16 lot acres
Current Use by Public Records
- Office buildings
Property Details for 250 Pierce St
- Lot size
- 1.16 lot acres
- Property type
- Office buildings
- APN
- 34-G9SE3-023-35A
- APU
- 34G9SE302335A
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $125,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $155,000
- 6.5%
- $135,000
- 7%
- $150,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $125,000
- Geo Method
- $120,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $110,000
- Retail
- $135,000
- Mixed-Use
- $125,000
- Hospitality
- $140,000
- Educational
- $105,000
- Residential Income
- $110,000
- Energy
- $105,000
- Income-Based Land
- $115,000
- Food Service
- $110,000
Location Insight
- Map
- Local Demand
- City
- Kingston
- County
- Luzerne
- State
- Pennsylvania
- Longitude
- -75.8888
- Latitude
- 41.2636
- CBSA code
- 42540
- CBSA name
- SCRANTON--WILKES-BARRE, PA METROPOLITAN STATISTICAL AREA