Mixed-Use Storefront
For Sale
$310,000
10 Casey Ave, Wilkes Barre Township, PA 18702
Vacant commercial storefront paired with a residential residence and dedicated off-street parking.
Property Size2,535 SF
Price / SF$122.29
Days on Market158
Property Features for 10 Casey Ave
General Information
Standard status
Active
Size
2,535 SF
Total Parking Spaces
8
Property subtype
Commercial
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
Lewith & Freeman, Kingston
Listed By:
Tina Aquilina
(570) 760-6539
Source:
Nepahousehunt
Added: May 11
Changed: Oct 1
Last Checked: Oct 12 at 8:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lewith & Freeman, Kingston
Investment Insights
Based on property information with market context.
This mixed-use property combines a visible commercial storefront with a separate residential residence at the rear. The commercial component can accommodate retail, office, or service-based operations, while the residential space supports rental use, owner occupancy, or a live-work arrangement. Both portions are offered vacant, allowing immediate control of the occupancy plan.
Parking is provided through a dedicated commercial lot with 8 off-street spaces. The rear residence includes an attached one-car garage and 2 additional off-street parking spaces. The property is located in Wilkes-Barre Township, Pennsylvania, at 10 Casey Avenue.
Parking is provided through a dedicated commercial lot with 8 off-street spaces. The rear residence includes an attached one-car garage and 2 additional off-street parking spaces. The property is located in Wilkes-Barre Township, Pennsylvania, at 10 Casey Avenue.
Key Highlights
- Mixed‑use layout with commercial storefront and rear residential residence
- Storefront supports retail, office, or service‑based use
- Commercial parking lot with 8 off‑street spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,097
Cap Rate
8.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$501,940
$501.9K
Cap Rate 7%
$358,529
$358.5K
Cap Rate 9%
$278,856
$278.9K
Market Conditions
NOI Build-Up for 2,535 SF
Gross rent
$45.6K $18.00/SF
− Vacancy
−$5.5K −$2.16/SF
EGI
$40.2K $15.84/SF
− OpEx
−$15.1K −$5.94/SF
NOI
$25.1K $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 Rate 5%
$501,940
Cap Rate 7%
$358,529
Cap Rate 9%
$278,856
Alternative Uses
Best Use
Office B
$638.9K
$559.0K – $745.4K
NOI $44,722 @ 7.0% cap · market cap 14.43%
Second Best
Mixed Use
$358.5K
$313.7K – $418.3K
NOI $25,097 @ 7.0% cap · market cap 8.10%
Theoretical Best
Office A
$803.1K
$702.7K – $936.9K
NOI $56,216 @ 7.0% cap · market cap 18.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
413
Businesses Nearby
Explore this area
Business Placement
Demographics for 18702, PA
42,133
Population
19,738
Households
2.1
Avg Household Size
40
Median Age
23%
College-Educated
87%
High-School Grad
78.1 sq mi
ZIP Area
539
Density / Sq Mi
$54,892
Median Household Income
$36,911
Median Earnings
$971
Median Rent
$115,700
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Vacant commercial storefront paired with a residential residence and dedicated off-street parking.
Where is this mixed-use property located?
The property is located at 10 Casey Ave Wilkes Barre Township, PA.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Mixed‑use layout with commercial storefront and rear residential residence; Storefront supports retail, office, or service‑based use; Commercial parking lot with 8 off‑street spaces
