Retail Space
54 Spring Street WilkesBarre, PA 18706
Details & Description
Price: $700,000
    Highly profitable pizza restaurant and bar In business for 33 years - owner retiring. All equipment included. Turnkey operation. 2,250 SF building. Plenty of off-street parking. Room for expansion. 4 lots included with sale totaling 0.59 acres. Highly visible corner location at busy signaled intersection. 25,659 vehicles per day traffic count.Highlights:Highly profitable pizza restaurant and bar In business for 33 years - owner retiringAll equipment included.Turnkey operation2,250 SF buildingPlenty of off-street parkingRoom for expansion4 lots included with sale totaling 0.59 acresHighly visible corner location at busy signaled intersection12,538 vehicles per day traffic count
    Listing Agents
    Chris Matus

    O: 570-820-7700
    M: 570-760-6411
    chris.matus@naimertz.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    54 Spring Street

    WilkesBarre, PA 18706

    Listing ID: 245442
    • 54 Spring Street WilkesBarre, PA 18706 | for Sale | Photo 1
    • 54 Spring Street WilkesBarre, PA 18706 | for Sale | Photo 2
    • 54 Spring Street WilkesBarre, PA 18706 | for Sale | Photo 3
    54 Spring Street | for Sale | Thumbnail 1
    54 Spring Street | for Sale | Thumbnail 2
    54 Spring Street | for Sale | Thumbnail 3
    Building Size: 2,250 SF
    Lot Size: 0.560 AC
    Land Size: 24,393 SF
    Building $/SF: $311.11
    Land $/SF: $28.70
    Price
    $700,000
    Description

    Highly profitable pizza restaurant and bar In business for 33 years - owner retiring. All equipment included. Turnkey operation. 2,250 SF building. Plenty of off-street parking. Room for expansion. 4 lots included with sale totaling 0.59 acres. Highly visible corner location at busy signaled intersection. 25,659 vehicles per day traffic count.

    Highlights:

    Highly profitable pizza restaurant and bar In business for 33 years - owner retiring

    All equipment included.

    Turnkey operation

    2,250 SF building

    Plenty of off-street parking

    Room for expansion

    4 lots included with sale totaling 0.59 acres

    Highly visible corner location at busy signaled intersection

    12,538 vehicles per day traffic count

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Scranton History of Retail Space for Sale

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    WilkesBarre Area Market Trends

    Listing Demographics for 54 Spring Street WilkesBarre, PA 18706

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population15,77267,420112,125
    Population Median Age383940
    Population by Age0-9 Yrs2201 (13%)7942 (11%)12212 (10%)
    10-19 Yrs2082 (13%)9063 (13%)14206 (12%)
    20-29 Yrs2094 (13%)10399 (15%)16236 (14%)
    30-39 Yrs2341 (14%)8505 (12%)13987 (12%)
    40-49 Yrs1485 (9%)6704 (9%)11923 (10%)
    50-59 Yrs2246 (14%)8486 (12%)15098 (13%)
    60-69 Yrs1748 (11%)7819 (11%)13672 (12%)
    70+ Yrs1575 (9%)8503 (12%)14792 (13%)
    Median HH Income$41,226$41,362$46,197
    Total Household Income< 24K2204 (34%)9065 (33%)13425 (28%)
    25-49K1420 (22%)6555 (23%)11319 (24%)
    50-74K1226 (19%)5173 (18%)8653 (18%)
    75-99K622 (9%)2957 (10%)5448 (11%)
    100-199K773 (12%)3287 (11%)6702 (14%)
    200K+90 (1%)404 (1%)929 (1%)
    Highest Education LevelNo Diploma123652197715
    Diploma or GED44701856831543
    Some College1992820214408
    Assoc. Degree115041987481
    Bachelors Degree1082581510604
    Higher Degree54431186076
    Total Housing Units7,64633,53155,313
    --Owner-Occupied3,70714,35226,542
    --Renter-Occupied2,62813,08919,935
    Owner-Occupied Values< 100K2815870013983
    100-199K63344889254
    200-299K1768502185
    300-399K63207721
    400-499K2047252
    500K+060147
    Total Working Age Population12,27654,60491,735
    In Work Force7,61731,69355,295
    Not In Work Force4,66022,91136,439
    Workforce Employed6,94429,03251,468
    Workforce Unemployed6622,6423,773
    Civlian Workforce7,60631,67455,241
    Military Workforce111954
    Total Households6,33527,44146,476
    Family Households3,82015,68427,367
    Non-Family Households2,51511,75819,109
    Married Couple2,1519,25017,226
    Other Family1,6696,43310,141
    Married w/Child7712,9975,449
    Single Male w/Child2327601,341
    Single Female w/Child7162,9514,276

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Pennsylvania12,281,054+312,702,379+413,230,170+413,759,594
    Lackawanna County213,295+1214,437+3221,688+3229,062
    Luzerne County319,250+1320,918+2327,889+2334,201

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 54 Spring Street in WilkesBarre?
    The asking price for 54 Spring Street is $700,000
    What is the building size of this Retail property in WilkesBarre, PA?
    The size of the building/unit at 54 Spring Street in WilkesBarre is 2,250 square feet
    How much land does the WilkesBarre, PA property at 54 Spring Street include?
    54 Spring Street in WilkesBarre includes 0.560 acres of land
    What is the population within 1 mile of 54 Spring Street in WilkesBarre?
    The population within 1 mile of 54 Spring Street WilkesBarre, PA 18706 is 15,772 people.
    Who do I contact for questions about 54 Spring Street?
    You should contact the listing agent, Chris Matus, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Newark Liberty International Airport (EWR) 97
    Philadelphia International Airport (PHL) 100
    La Guardia Airport (LGA) 110