26 Hill St - Health Care FOR SALE


Wilkes Barre, PA 18702
$8,000,000 USD
610-563-5484
26 Hill St, Wilkes Barre, PA for Sale
$8,000,000 USD
Health Care - FOR SALE
1/12
null | Request Cap Rate

26 Hill St
Wilkes Barre, PA 18702


HIGHLIGHTS

  • The property is already licensed for inpatient SUD treatment
  • Ability to quickly operate ±100 beds, plus room to expand on campus
  • Close proximity to major population centers of Philadelphia and NYC metro areas

OVERVIEW

This is a unique opportunity to own a licensed inpatient drug and alcohol treatment facility, strategically located in Northeastern Pennsylvania. The property was renovated in the past 5 years and is ready to accommodate up to 100 patients. In addition, state licensure for residential substance use treatment is in place and available to be acquired along with the property (if desired). ±45,000sf was partially built out, leaving +20,000sf still un-renovated and ready to be finished when/as needed. Possibilities for the additional space include room to add more patient beds, additional group rooms or clinical space, recreational facilities, an outpatient treatment center, or a combination thereof. The Scranton--Wilkes-Barre--Hazleton, PA MSA has a population of ±575,000 people and the City of Wilkes-Barre is within a ~2 hour drive from both New York City and Philadelphia. There are numerous hospitals, including the Wilkes-Barre VA Medical Center, located within a short drive of the property.

FOR SALE DETAILS

PRICE

$8,000,000 USD

PRICE/SF

$178 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Wilkes-Barre Pepsi-Cola

PROPERTY TYPE

Health Care

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1937

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.92 AC

LAND SF

83,635 SF

ZONING

C2

APN/PARCEL ID

73-H9SE3-012-002-000

ASK ABOUT THIS PROPERTY

Joshua SlaybaughBehavioral Health PropertiesMore Info
610-563-5484

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Joshua SlaybaughBehavioral Health PropertiesMore Info
610-563-5484

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.