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Property profile & analytics

54 Spg St Wilkes Barre, PA 18702-5587

  • Turn key restaurants
  • 0.17 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US73-1294110
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

  • CJs Pizza / Bar
  • East End Den / Bar
  • C J's Pizza & Subs / Pizza Restaurant / Italian Restaurant

Property Details for 54 Spg St

Lot size
0.17 lot acres
Property type
Turn key restaurants
APN
73-H10SW2-018-002
APU
73H10SW2018002

Description

This established Wilkes-Barre restaurant and bar, operating successfully for 33 years, is offered for sale by the owner. The 2,250 square foot building, constructed in 1985, sits on a 0.59-acre lot (four parcels included) and boasts a highly visible corner location at a busy, signaled intersection with a daily traffic count of 12,538 vehicles. The property is zoned C and offers ample off-street parking. All equipment is included in the sale, making this a true turnkey operation. The current owner is retiring, presenting a unique opportunity for a new owner to step into a profitable, established business. The spacious layout allows for potential expansion, further enhancing the investment potential. The asking price is $925,000, translating to $411.11 per square foot. This is an exceptional opportunity to acquire a well-established business in a prime location. The property's history of success, combined with its strategic location and included equipment, makes this a compelling investment for experienced restaurateurs or those seeking a profitable, established business.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Wilkes Barre
County
Luzerne
State
Pennsylvania
Longitude
-75.861
Latitude
41.2458
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
$4,033
$16,600
$146,100
$162,700
-
$16,600
$146,100
$162,700
More about this property
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