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600 S River St - SIX HUNDRED WATERFRONT - LUXURY LIVING 3.27 Acres of Residential Land in Plains, PA 18705
Investment Highlights
- Waterfront Development Opportunity: Proposed Plans for 102 Apartment Units, 18,648 SF of Commercial Space, and 102 Parking Spaces
- LERTA Tax Abatement: Significant Real Estate Tax Savings Through the City's LERTA Program
- Mixed-Use Development: Residential, Commercial, and Off-Street Parking Components Designed to Activate the Wilkes-Barre Waterfront
- Riverfront Location: Situated Along the Susquehanna River with Direct Access to Downtown Wilkes-Barre
- Strong Employment Drivers: Proximity to Major Employers Including Geisinger, Wilkes University, King's College, Chewy, and Amazon
- Limited Competitive Supply: Few Institutional-Quality Multifamily Developments Planned within the Immediate Market
Executive Summary
Six Hundred Waterfront is a proposed mixed-use waterfront development at 600 S. River Street in Plains Township, Pennsylvania. Positioned along the Susquehanna River in Wilkes-Barre, the Property represents a rare large-scale development opportunity within one of Northeastern Pennsylvania's most rapidly evolving residential and commercial corridors.
The proposed development consists of 102 luxury apartment units, 18,648± square feet of commercial space, and 102 dedicated parking spaces. The residential component features a mix of studio, one-bedroom, two-bedroom, and penthouse units with private balconies and an average unit size of approximately 904 square feet. The project is designed to deliver a modern, amenity-rich living experience while activating the surrounding waterfront with complementary commercial uses.
The Property benefits from direct access to Downtown Wilkes-Barre, major employment centers throughout Luzerne County, and convenient connectivity to Interstate 81, Interstate 476, and Route 309. Residents will enjoy proximity to local dining, retail, entertainment venues, healthcare providers, and educational institutions while benefiting from a unique waterfront setting rarely available within the market.
Six Hundred Waterfront is a rare opportunity to develop a transformational mixed-use project featuring strong projected cash flow, institutional-scale unit count, substantial commercial frontage, and meaningful long-term value creation supported by continued investment throughout the Waterfront District.
The proposed development consists of 102 luxury apartment units, 18,648± square feet of commercial space, and 102 dedicated parking spaces. The residential component features a mix of studio, one-bedroom, two-bedroom, and penthouse units with private balconies and an average unit size of approximately 904 square feet. The project is designed to deliver a modern, amenity-rich living experience while activating the surrounding waterfront with complementary commercial uses.
The Property benefits from direct access to Downtown Wilkes-Barre, major employment centers throughout Luzerne County, and convenient connectivity to Interstate 81, Interstate 476, and Route 309. Residents will enjoy proximity to local dining, retail, entertainment venues, healthcare providers, and educational institutions while benefiting from a unique waterfront setting rarely available within the market.
Six Hundred Waterfront is a rare opportunity to develop a transformational mixed-use project featuring strong projected cash flow, institutional-scale unit count, substantial commercial frontage, and meaningful long-term value creation supported by continued investment throughout the Waterfront District.
Property Facts
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 3.27 AC |
| Property Type | Land | ||
| Zoning | B-3 | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 3.27 AC |
| Zoning | B-3 |
1 Lot Available
Lot
| Lot Size | 3.27 AC |
| Lot Size | 3.27 AC |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 50-00G10-00A-20F-000 | Improvements Assessment | $0 |
| Land Assessment | $422,000 | Total Assessment | $422,000 |
Property Taxes
Parcel Number
50-00G10-00A-20F-000
Land Assessment
$422,000
Improvements Assessment
$0
Total Assessment
$422,000
Contacts
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Daniel Yadgaroff -
Kenneth Wellar -
Corey Lonberger -
Luke DeLuca -
Robert DiPasquale -
GREA
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