82 S Main St 15,000 SF 100% Leased Retail Building Wilkes-Barre, PA 18701 $999,000 ($66.60/SF) 9.13% Cap Rate

Downtown Wilkes-Barre Mixed-Use Investment | 15,000 SF | 9 Units | Value-Add Opportunity
Positioned in the heart of Downtown Wilkes-Barre, this approximately 15,000 SF mixed-use investment presents a rare opportunity to acquire a well-located asset with immediate cash flow and substantial upside. The property consists of 9 total units, including 5 commercial spaces and 4 residential apartments, offering a diversified income stream with opportunities to increase revenue over time.
Several leases remain below market, providing investors with the ability to grow NOI through strategic lease renewals and rent optimization. An exceptional long-term value-add opportunity exists through the potential conversion of the existing owner-occupied office space into four additional residential apartments (subject to municipal approvals).
To help illustrate this vision, architectural floor plan drawings are available, outlining a conceptual redevelopment of the office space into additional residential units. These plans can assist investors in evaluating the property’s future income potential.
Additional features include:
* Approximately 15,000 square feet
* Prime Main Street location in Downtown Wilkes-Barre
* 5 commercial suites and 4 residential apartments
* Separately metered electric
* Basement tenant amenities including laundry and fitness area
* EPDM roof installed approximately 5 years ago
* Excellent walkability to restaurants, retail, government offices, and public parking
* Strong long-term appreciation potential in a growing downtown
Whether you’re seeking stable in-place income, a value-add investment, or a redevelopment opportunity with meaningful upside, 82 S Main Street offers multiple paths to create value in one of Northeastern Pennsylvania’s premier downtown business districts.