Two-Story Mixed-Use
For Sale
$1,500,000
42-44 Main Street, Dallas, PA 18612
Commercial, Dallas, PA
Property Size8,047 SF
Price / SF$186.40
Days on Market33
Property Features for 42-44 Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
11
Full bathrooms
11
Rooms
Bathroom 10, Bathroom 4, Bathroom 11, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 9, Bathroom 5, Bathroom 7, Bathroom 8, Bathroom 6
Elementary school district
Dallas
Middle school district
Dallas
High school district
Dallas
Directions
Rt 309 stay to the left and continue on rt 118 and go around circle to 4th exit which is Main Street, property is on left
Subdivision
Back Mountain
Standard status
Active
APN
D8SW3 5 10 T/ D8SW3 5 14 T
Size
8,047 SF
Taxes and HOA fees
Tax Description
roofing/ building supplies in basement
Tax Annual Amount
5800
Legal Description
roofing/ building supplies in basement
Listing Agency:
Keller Williams Real Estate, Kingston · Keller Williams Realty
(570) 585-5800
Listed By:
Michael Nastasiak · License #RS362481
(570) 406-0572
Added: Aug 6
Changed: Sep 5
Last Checked: Sep 7 at 8:06PM
MLS# 26-3910
Copyright © 2026 Luzerne County Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This freestanding mixed-use property contains 8,047 square feet across two stories. The building is situated at the intersection of four roads and includes 11 bathrooms, supporting a range of commercial configurations within the existing structure.
The property fronts Memorial Highway’s commercial corridor in Dallas, Pennsylvania. Nearby businesses include Jersey Mike’s, Dunkin’, Wendy’s, Domino’s, and CVS Pharmacy, placing the building among established commercial users.
The property fronts Memorial Highway’s commercial corridor in Dallas, Pennsylvania. Nearby businesses include Jersey Mike’s, Dunkin’, Wendy’s, Domino’s, and CVS Pharmacy, placing the building among established commercial users.
Key Highlights
- 8,047‑square‑foot freestanding mixed‑use building
- Two‑story commercial structure
- Positioned at a four‑way intersection
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$79,665
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.31%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,593,300
$1.6M
Cap Rate 7%
$1,138,071
$1.1M
Cap Rate 9%
$885,167
$885.2K
Market Conditions
NOI Build-Up for 8,047 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$144.8K $18.00/SF
− Vacancy
−$17.4K −$2.16/SF
EGI
$127.5K $15.84/SF
− OpEx
−$47.8K −$5.94/SF
NOI
$79.7K $9.90/SF
Area
Luzerne County, PA
Vacancy
12.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,593,300
Cap Rate 7%
$1,138,071
Cap Rate 9%
$885,167
Alternative Uses
Best Use
Mixed Use
$1.14M
$995.8K – $1.33M
NOI $79,665 @ 7.0% cap · market cap 5.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.55M
$2.23M – $2.97M
NOI $178,450 @ 7.0% cap · market cap 11.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
512
Businesses Nearby
Explore this area
Business Placement
Demographics for 18612, PA
18,210
Population
6,713
Households
2.7
Avg Household Size
45
Median Age
37%
College-Educated
93%
High-School Grad
54.5 sq mi
ZIP Area
334
Density / Sq Mi
$97,022
Median Household Income
$44,841
Median Earnings
$1,150
Median Rent
$250,700
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Freestanding commercial building positioned on Memorial Highway at a four-way intersection.
Where is this mixed-use property located?
The property is located at 42-44 Main Street Dallas, PA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 8,047‑square‑foot freestanding mixed‑use building; Two‑story commercial structure; Positioned at a four‑way intersection
