Retail Space
588 Union Street Luzerne, PA 18709
Details & Description
Price: $900,000
    SRS National Net Lease Group is pleased to present the opportunity to acquire the fee simple interest (land & building ownership) in a corporate guaranteed, single tenant, net leased, The Grille investment property located in Luzerne, Pennsylvania. The current lease has approximately 3 years remaining and is net leased with landlord responsibilities limited to taxes (municipal and school), HVAC, sewers, and insurance.
    Listing Agents
    Jack Cornell

    O: 801-410-1621
    M: 570-762-6075
    jack.cornell@srsre.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.

    588 Union Street

    Luzerne, PA 18709

    Listing ID: 253775
    • 588 Union Street Luzerne, PA 18709 | for Sale | Photo 1
    • 588 Union Street Luzerne, PA 18709 | for Sale | Photo 2
    • 588 Union Street Luzerne, PA 18709 | for Sale | Photo 3
    588 Union Street | for Sale | Thumbnail 1
    588 Union Street | for Sale | Thumbnail 2
    588 Union Street | for Sale | Thumbnail 3
    Building Size: 4,500 SF
    Lot Size: 0.750 AC
    Land Size: 32,670 SF
    Building $/SF: $200.00
    Land $/SF: $27.55
    Price
    $900,000
    Description

    SRS National Net Lease Group is pleased to present the opportunity to acquire the fee simple interest (land & building ownership) in a corporate guaranteed, single tenant, net leased, The Grille investment property located in Luzerne, Pennsylvania. The current lease has approximately 3 years remaining and is net leased with landlord responsibilities limited to taxes (municipal and school), HVAC, sewers, and insurance.

    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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    Luzerne Area Market Trends

    Listing Demographics for 588 Union Street Luzerne, PA 18709

    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 Population8,86459,265132,783
    Population Median Age434241
    Population by Age0-9 Yrs790 (8%)5737 (9%)14467 (10%)
    10-19 Yrs820 (9%)7006 (11%)15545 (11%)
    20-29 Yrs1521 (17%)9013 (15%)18439 (13%)
    30-39 Yrs1002 (11%)6960 (11%)16172 (12%)
    40-49 Yrs856 (9%)6618 (11%)15179 (11%)
    50-59 Yrs1455 (16%)7852 (13%)17991 (13%)
    60-69 Yrs1195 (13%)7615 (12%)16937 (12%)
    70+ Yrs1225 (13%)8463 (14%)18053 (13%)
    Median HH Income$44,498$51,383$48,812
    Total Household Income< 24K1190 (27%)6016 (24%)14785 (26%)
    25-49K1167 (27%)6247 (24%)13501 (24%)
    50-74K832 (19%)4393 (17%)10034 (18%)
    75-99K536 (12%)3498 (13%)6722 (12%)
    100-199K516 (11%)4130 (16%)8939 (16%)
    200K+63 (1%)717 (2%)1484 (2%)
    Highest Education LevelNo Diploma49129278695
    Diploma or GED28111544435961
    Some College1307798417249
    Assoc. Degree83541599387
    Bachelors Degree762720414128
    Higher Degree37542138279
    Total Housing Units5,11229,22364,909
    --Owner-Occupied2,52915,11133,707
    --Renter-Occupied1,7759,89121,757
    Owner-Occupied Values< 100K1347576515227
    100-199K931694913060
    200-299K19415973512
    300-399K545191198
    400-499K167265
    500K+2214444
    Total Working Age Population7,59349,900109,353
    In Work Force4,81830,43466,457
    Not In Work Force2,77519,46642,896
    Workforce Employed4,53528,65862,033
    Workforce Unemployed2821,7284,342
    Civlian Workforce4,81830,38666,375
    Military Workforce04882
    Total Households4,30425,00155,463
    Family Households2,16614,48132,759
    Non-Family Households2,13810,52022,705
    Married Couple1,3629,60421,692
    Other Family8044,87711,067
    Married w/Child3032,9347,068
    Single Male w/Child1216831,437
    Single Female w/Child3282,0044,623

    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 588 Union Street in Luzerne?
    The asking price for 588 Union Street is $900,000
    What is the building size of this Retail property in Luzerne, PA?
    The size of the building/unit at 588 Union Street in Luzerne is 4,500 square feet
    How much land does the Luzerne, PA property at 588 Union Street include?
    588 Union Street in Luzerne includes 0.750 acres of land
    What is the population within 1 mile of 588 Union Street in Luzerne?
    The population within 1 mile of 588 Union Street Luzerne, PA 18709 is 8,864 people.
    Who do I contact for questions about 588 Union Street?
    You should contact the listing agent, Jack Cornell, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Newark Liberty International Airport (EWR) 99
    Philadelphia International Airport (PHL) 103
    La Guardia Airport (LGA) 111