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This Retail Property is no longer advertised on LoopNet.com.
653-665 Carey Ave
Hanover Township, PA 18706
Renovated Value-Add Retail Center in CBD · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Multi-tenant value-add retail shopping center in the Wilkes Barre CBD. 30-DAY CLOSING EXTENSION OPTION AVAILABLE | FINANCING AVAILABLE
- Recent capital improvements and renovations completed by current ownership (new roof, new LED façade lighting, new electrical service).
- Prime, cash-flowing center, perfect for investors looking for steady income in a thriving market.
- Strong history of tenant retention, and upside potential via lease-up of vacant space and in-place rents below market rates.
- High traffic and densely populated location (over 14,000 vehicles / day) minutes from Interstate 81 and Routes 11 and 309.
PROPERTY FACTS
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Property Subtype
Storefront
Building Size
32,750 SF
Building Class
C
Year Built
1960
Percent Leased
78%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.44
Lot Size
1.72 AC
Parcel Number
25-I9NW1-004-004-000
Zoning
Commercial - commercial zoning many approved uses
Parking
86 Spaces (2.63 Spaces per 1,000 SF Leased)
Frontage
- 30’ on Carey Avenue
- 129’ on Carey Ave
AMENITIES
- 24 Hour Access
- Bus Line
- Pylon Sign
- Signage
- Tenant Controlled HVAC
- Energy Performance Rating - A
- Air Conditioning
Listing ID: 29548438
Date on Market: 9/18/2023
Last Updated:
Address: 653-665 Carey Ave, Hanover Township, PA 18706
The Retail Property at 653-665 Carey Ave, Hanover Township, PA 18706 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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