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    162 Main St Pittston, PA 18640

    For Sale
    $185,000

    High-Visibility, Downtown Pittston Investment

    Property size:
    2,400 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 2,400 square foot mixed-use property, situated on a 0.15-acre lot at 162 S Main Street in Pittston, PA, presents a compelling investment opportunity. Currently zoned for five units (buyer to verify zoning), this building offers tremendous potential for redevelopment and creative repurposing. Its prime location in the heart of Pittston's burgeoning downtown area ensures high visibility and significant foot and vehicle traffic. The property is within easy walking distance of a vibrant array of restaurants and shops, providing immediate access to a thriving community. Requiring rehabilitation, this building is ideal for entrepreneurs and developers seeking a blank canvas to create a unique commercial space, perhaps a cafГ©, ice cream parlor, or a stylish blend of urban lofts with ground-floor commercial use. The high-traffic location and potential for multiple income streams make this a truly remarkable opportunity to capitalize on Pittston's revitalization. The asking price is $185,000. Serious inquiries are encouraged to explore the possibilities this property offers. This is a chance to shape the future of a key location in a growing Pennsylvania city. Don't miss this chance to acquire a piece of Pittston's exciting commercial landscape.

    Property Features for 162 Main St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    2,400 SF
    Lot Size
    6,534 SF

    Building Details

    Year Built
    1950
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pittston
    County
    Luzerne
    State
    Pennsylvania
    Longitude
    -75.7938
    Latitude
    41.31825

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    FAQs

    What type of property is this?
    Mixed-use property - High-Visibility, Downtown Pittston Investment
    Where is this mixed-use property located?
    The property is located at 162 Main St Pittston, PA.
    What is the asking price?
    The asking price for this property is $185,000.
    (570) 489-2563
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    162 Main St Pittston, PA 18640
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    Pittston, PA 18640
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    162 Main St Pittston, PA 18640
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