Mundy St Development
$2,000,000
Development Land
Mundy Street, Wilkes-Barre Township, PA, USA
The Dunkle-Vartanian Group is proud to present the exclusive opportunity to acquire a 16.9 acre parcel in the heart of Wilkes-Barre, PA. Located along major retail corridor Mundy Street, the property is across the
street from the Wyoming Valley Mall, the Allied Services Medical Arts Center, the East End Center and sees over 38,200 vehicles per day. The subject property consisting of 736,164 square feet of buildable area is ideally located in between Route 309 and Interstate 81. The parcel is within the Community Business District offering a myriad of options to reposition the property such as: Convenience stores, Groceries, Variety Goods, Day Care Centers, Medical Offices, Professional Offices, Restaurants, etc. Wilkes-Barre City houses the 4th largest downtown workforce in the state of Pennsylvania. Additionally, the vacancy rate within this submarket has decreased moderately over the past year to 2.3%, which is slightly below the long-term average. The property is conveniently located to a number of restaurants, shops, major retail, and public transportation. This submarket is also enhanced by 6 local colleges and universities