271 N PENNSYLVANIA AVE

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271 N PENNSYLVANIA AVE

WILKES BARRE, PA 18702-4412
Asking Price
$849K
Asset Type
Distribution Industrial
Class
Class B

What's Special

Industrial/light manufacturing facility in a highly accessible Wilkes-Barre location <p><span style="color: rgba(0, 0, 0, 1)">Exceptional opportunity to own an 18,000 SF industrial/light manufacturing facility in a highly accessible Wilkes-Barre location. Formerly utilized as a limestone fabrication operation, the property is well-equipped for manufacturing, fabrication, warehousing, distribution, or contractor use. Features include multiple overhead cranes (including 8-ton, 3-ton, and 2-ton capacities), 16-foot ceiling</span></p><p><span style="color: rgba(0, 0, 0, 1)">heights,

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NOI
$80,000
Cap Rate
9.42%
DSCR
1.59
Strong
Cash-on-Cash
11.62%
Monthly Payment
$4,200.389
Annual Cash Flow
$29,595.335

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