54 Spring StWilkes-Barre, PA 18702

For Sale
$925,000

Turnkey Restaurant/Bar, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
93
This established Wilkes-Barre restaurant and bar, operating successfully for 33 years, is offered for sale by the owner. The 2,250 square foot building, constructed in 1985, sits on a 0.59-acre lot (four parcels included) and boasts a highly visible corner location at a busy, signaled intersection with a daily traffic count of 12,538 vehicles. The property is zoned C and offers ample off-street parking. All equipment is included in the sale, making this a true turnkey operation. The current owner is retiring, presenting a unique opportunity for a new owner to step into a profitable, established business. The spacious layout allows for potential expansion, further enhancing the investment potential. The asking price is $925,000, translating to $411.11 per square foot. This is an exceptional opportunity to acquire a well-established business in a prime location. The property's history of success, combined with its strategic location and included equipment, makes this a compelling investment for experienced restaurateurs or those seeking a profitable, established business.

Highlights

  • $925,000 asking price for this established Wilkes-Barre, PA restaurant and bar.
  • Turnkey operation with all equipment included, ideal for owner/user.
  • 2,250 square feet on a 0.56-acre lot, including four parcels.
  • High-traffic corner location with a daily traffic count of 12,538 vehicles.
  • Established business, operating for 33 years, with ample off-street parking.

Property Details for 54 Spring St

Property type
Other retail properties, Restaurants
Square Feet
2,250 SF
Year Built
1985
Buildings
1
Stories
1
Lot Size (sq. ft)
24,394 SF

Location Insight

City
Wilkes-Barre
County
Luzerne
State
Pennsylvania
Latitude
41.2457348
Longitude
-75.8609612
54 Spring St, Wilkes-Barre, Pennsylvania

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54 Spring St
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