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Wilkes-Barre Pepsi-Cola 26 Hill St 45,000 SF 100% Leased Industrial Building Wilkes Barre, PA 18702 $6,200,000 ($137.78/SF)
INVESTMENT HIGHLIGHTS
- The property is already licensed for inpatient SUD treatment
- Close proximity to major population centers of Philadelphia and NYC metro areas
- Ability to quickly operate ±100 beds, plus room to expand on campus
EXECUTIVE SUMMARY
This is a unique opportunity to own a licensed inpatient drug and alcohol treatment facility, strategically located in Northeastern Pennsylvania. The property was renovated in the past 5 years and is ready to accommodate up to 100 patients. In addition, state licensure for residential substance use treatment is in place and available to be acquired along with the property (if desired).
±45,000sf was partially built out, leaving +20,000sf still un-renovated and ready to be finished when/as needed. Possibilities for the additional space include room to add more patient beds, additional group rooms or clinical space, recreational facilities, an outpatient treatment center, or a combination thereof.
The Scranton--Wilkes-Barre--Hazleton, PA MSA has a population of ±575,000 people and the City of Wilkes-Barre is within a ~2 hour drive from both New York City and Philadelphia. There are numerous hospitals, including the Wilkes-Barre VA Medical Center, located within a short drive of the property.
±45,000sf was partially built out, leaving +20,000sf still un-renovated and ready to be finished when/as needed. Possibilities for the additional space include room to add more patient beds, additional group rooms or clinical space, recreational facilities, an outpatient treatment center, or a combination thereof.
The Scranton--Wilkes-Barre--Hazleton, PA MSA has a population of ±575,000 people and the City of Wilkes-Barre is within a ~2 hour drive from both New York City and Philadelphia. There are numerous hospitals, including the Wilkes-Barre VA Medical Center, located within a short drive of the property.
PROPERTY FACTS
| Price | $6,200,000 | Lot Size | 0.52 AC |
| Price Per SF | $137.78 | Rentable Building Area | 45,000 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Industrial | Year Built | 1937 |
| Property Subtype | Distribution | Parking Ratio | 0.63/1,000 SF |
| Building Class | B | ||
| Zoning | C2 - Commercial uses like retail, offices, services, and limited mixed-use. | ||
| Price | $6,200,000 |
| Price Per SF | $137.78 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | B |
| Lot Size | 0.52 AC |
| Rentable Building Area | 45,000 SF |
| No. Stories | 2 |
| Year Built | 1937 |
| Parking Ratio | 0.63/1,000 SF |
| Zoning | C2 - Commercial uses like retail, offices, services, and limited mixed-use. |
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Walk Score®
Very Walkable (78)
PROPERTY TAXES
| Parcel Number | 73-H9SE3-012-002-000 | Improvements Assessment | $729,100 |
| Land Assessment | $192,000 | Total Assessment | $921,100 |
PROPERTY TAXES
Parcel Number
73-H9SE3-012-002-000
Land Assessment
$192,000
Improvements Assessment
$729,100
Total Assessment
$921,100
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Wilkes-Barre Pepsi-Cola | 26 Hill St
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