Downtown Mixed-Use Retail/Office With Upside 7 S Main St 5 574 m² 20 % Loué Bureau Vente aux enchères en ligne Wilkes Barre, PA 18701

7 S Main Street, the Innovation Center at Wilkes-Barre, is a vibrant, mixed-use retail and office facility at the heart of downtown Wilkes-Barre, Pennsylvania. More than an office building or a traditional business incubator, this exceptional asset provides a place designed to unite energy, ideas, talent, and expertise. The building is currently approximately 21% occupied by a diverse tenant mix that includes the Greater Wilkes-Barre Chamber, as well as marketing agencies, law firms, a psychologist, and several professional services businesses. This situates the property as a prime option for users seeking quality space for their operations or value-add investors hoping to engage a new leasing strategy and increase profitability.

The Innovation Center’s top-tier features and amenities help it stand out from similar properties in the area. Spanning 60,000 square feet across four floors including a finished lower level, the building was built in 1900 and completed a full renovation in 2004. The ground floor retail space includes a full floor plate complete with a large, mostly open floor plan, making the space ideal for easy retrofitting and renovation. The retail suite also contains four private offices, a conference room, and an elevator to dedicated storage space on the lower level. The lower level is home to the THINK center, a 6,000-square-foot technology workshop, and a multimedia center. This cutting-edge space provides local professionals, businesses, colleges, and universities access to shared workshops for research and development as well as private conference rooms for training and presentations. The second floor provides a collection of micro-suites ranging from 172 to 974 square feet, while the upper level has spaces ranging from 2,177 to 6,614 square feet. These versatile spaces make this the perfect solution for both new ventures and growing businesses looking for space in Northeastern Pennsylvania, empowering a new owner’s leasing efforts.

The Innovation Center enjoys an unparalleled location in downtown Wilkes-Barre that provides elevated vehicle and foot traffic, as well as proximity to the city’s most popular amenities and gathering places. The building sits just off Wilkes-Barre’s Public Square, a walkable plaza that serves as the venue for outdoor events throughout the year, from the weekly farmer’s market to the annual Fine Arts Fiesta. Locals and visitors flock to downtown to enjoy the area’s best shopping and dining experiences, providing the property with visibility to more than 5,500 vehicles each day. The location neighbors a Boscov’s Department Store and is within walking distance of top-rated restaurants, including The Burnt Norton, Franklin’s, Circles on the Square, Diamond City Vault Bar & Grill, and many more. A large student population resides in several nearby colleges and universities, providing a robust potential customer base to a new ground floor retail tenant and a strong workforce pipeline to office tenants.

The seat of Luzerne County and the cultural and economic center of Northeastern Pennsylvania, Wilkes-Barre is a charming city on the banks of the Susquehanna River. The area boasts a walk-to-everything lifestyle around the downtown area, where apartments, businesses, and public parks are all easily accessible on foot. Travel by car is equally convenient, with the city bounded by Interstate 81, as well as Highways 315 and 309.

Seize this rare chance to acquire a renovated mixed-use retail and office property with significant lease upside and an unbeatable location in the heart of downtown at 7 S Main Street, the Innovation Center at Wilkes-Barre.

Property tours are by appointment only. Please reach out to the Family Investments Realty team to learn more.