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Property profile & analytics
OFF-MARKET
Bars & Pubs

87 Wood St Wilkes Barre, PA 18702-3611

0.21 ac lot
Individually Owned 16-yr Hold ~ Est. High Equity
Property ID
US73-2575969
Property summary
AI-generated overview

This exceptional opportunity presents the sale of a well-established neighborhood tavern and restaurant in Wilkes-Barre, Pennsylvania. Located at 87 Wood St, this business has thrived since 1994, boasting a loyal clientele and a strong team of long-term employees. The property includes a two-story building, totaling 4,420 square feet, situated on a 0.42-acre lot. The first floor is a fully operational tavern offering beer, liquor, and food service, featuring seating for approximately 59 patrons (29 bar stools and tables for 30). The tavern is equipped with extensive amenities, including 11 big-screen TVs, a pool table, foosball table, a 12-head tap system, walk-in cooler, multiple freezers, a safe, a camera system, commercial kitchen equipment (range, fryers, slicer), 11 smoke eaters, and a ceiling-mounted surround sound system. The second floor, currently used for storage, is a finished 2-bedroom apartment. The sale includes all trade fixtures, tavern amusements, and two on-site storage trailers containing additional amusement machines and parts (trailers and contents are included in the sale, or can be removed prior to closing). The property is zoned R-2 and comes with a restaurant liquor license, including permits for amusements and Sunday sales. This owner-user investment opportunity is priced at $550,000. Built in 1930, this property offers a unique blend of established business and real estate potential.

Property profile
Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Lot 0.21 ac (9,148 SF)
APN 73-H9SE4-015-018
UPID US73-2575969
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
Current use
Occupant on record · Public records
  • Whiskey Business Bar & Pub
  • LibertyX Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Kenneth Owens · 16 yrs held
Kenneth Owens
since 2010
3 recorded transactions
2010
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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