87 Wood StWilkes-Barre, PA 18702

For Sale
$550,000

Established tavern with 2-unit building. Great investment opportunity!

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional opportunity presents the sale of a well-established neighborhood tavern and restaurant in Wilkes-Barre, Pennsylvania. Located at 87 Wood St, this business has thrived since 1994, boasting a loyal clientele and a strong team of long-term employees. The property includes a two-story building, totaling 4,420 square feet, situated on a 0.42-acre lot. The first floor is a fully operational tavern offering beer, liquor, and food service, featuring seating for approximately 59 patrons (29 bar stools and tables for 30). The tavern is equipped with extensive amenities, including 11 big-screen TVs, a pool table, foosball table, a 12-head tap system, walk-in cooler, multiple freezers, a safe, a camera system, commercial kitchen equipment (range, fryers, slicer), 11 smoke eaters, and a ceiling-mounted surround sound system. The second floor, currently used for storage, is a finished 2-bedroom apartment. The sale includes all trade fixtures, tavern amusements, and two on-site storage trailers containing additional amusement machines and parts (trailers and contents are included in the sale, or can be removed prior to closing). The property is zoned R-2 and comes with a restaurant liquor license, including permits for amusements and Sunday sales. This owner-user investment opportunity is priced at $550,000. Built in 1930, this property offers a unique blend of established business and real estate potential.

Highlights

  • Established neighborhood tavern and restaurant in Wilkes-Barre, PA, operating since 1994.
  • 4,420 sq ft, two-story building on a 0.42-acre lot.
  • First floor features a fully operational tavern with seating for 59, including bar seating and tables, plus a full commercial kitchen.
  • Extensive tavern amenities include 11 big-screen TVs, pool table, foosball, 12-tap system, walk-in cooler, and more.
  • Second floor is a finished 2-bedroom apartment, currently used for storage.
  • Includes all trade fixtures, amusement equipment, and two storage trailers (contents included or removable).

Property Details for 87 Wood St

Property type
Investment properties, Other commercial real estate
Square Feet
4,420 SF
Year Built
1930
Buildings
1
Stories
2
Lot Size (sq. ft)
18,295 SF
Units
2

Location Insight

City
Wilkes-Barre
County
Luzerne
State
Pennsylvania
Latitude
41.23772167097
Longitude
-75.902024146763
87 Wood St, Wilkes-Barre, Pennsylvania

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87 Wood St
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