Mixed-Use Property with
New
For Sale
$1,825,000
151-157 N Main Street, Pittston, PA 18640
COMMERCIAL - Pittston, PA
Property Size9,200 SF
Price / SF$198.37
Days on Market1
Property Features for 151-157 N Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Bathrooms
8
Full bathrooms
8
Rooms
Bathroom 4, Bathroom 6, Bathroom 5, Bathroom 8, Bathroom 7, Bathroom 1, Bathroom 2, Bathroom 3
Elementary school district
Pittston
Middle school district
Pittston
High school district
Pittston
Directions
River St, Plains to N Main St Pittston. Property on Right.
Subdivision
Pittston
Standard status
Active
APN
E11NE2022017/026/028/030 - 72
Size
9,200 SF
Taxes and HOA fees
Tax Annual Amount
7909
Listing Agency:
Classic Properties Kingston
(570) 718-4959
Listed By:
Charles Kasko · License #AB069814
(570) 690-9687
Added: Aug 5
Last Checked: Aug 5 at 1:06PM
MLS# 26-3858
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 mixed-use property at 151-157 N Main Street in Pittston, Pennsylvania, contains 9,200 square feet of combined residential and commercial space. The configuration includes residential apartments alongside commercial storefronts, providing two distinct occupancy components within one property. The building is zoned Commercial and includes 8 bathrooms.
The property is positioned near downtown Pittston, with shopping, dining, and other local amenities identified in the surrounding area. Its storefront component supports commercial occupancy while the apartment portion provides residential space within the same building. The address is in Luzerne County, Pennsylvania, within ZIP Code 18640.
The property is positioned near downtown Pittston, with shopping, dining, and other local amenities identified in the surrounding area. Its storefront component supports commercial occupancy while the apartment portion provides residential space within the same building. The address is in Luzerne County, Pennsylvania, within ZIP Code 18640.
Key Highlights
- 9,200‑square‑foot mixed‑use property
- Residential apartments combined with commercial storefronts
- Commercial zoning
Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $165.6k | $18.00 |
| − Vacancy | −$19.9k | −$2.16 |
| EGI | $145.7k | $15.84 |
| − OpEx | −$54.6k | −$5.94 |
| NOI | $91.1k | $9.90 |
9,200 SF · lease $18.00/SF/yr · vacancy 12.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$1.30M
$1.14M – $1.52M
NOI $91,080 @ 7.0% cap · market cap 4.99%
Second Best
Retail
$1.09M
$956.3K – $1.28M
NOI $76,507 @ 7.0% cap · market cap 4.19%
Theoretical Best
Office A
$2.91M
$2.55M – $3.40M
NOI $204,019 @ 7.0% cap · market cap 11.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
815
Businesses Nearby
Explore this area
Business Placement
Demographics for 18640, PA
16,351
Population
8,036
Households
2
Avg Household Size
46
Median Age
25%
College-Educated
94%
High-School Grad
27.9 sq mi
ZIP Area
586
Density / Sq Mi
$57,358
Median Household Income
$39,733
Median Earnings
$890
Median Rent
$135,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercially zoned property combining residential apartments with storefront space near downtown Pittston.
Where is this mixed-use property located?
The property is located at 151-157 N Main Street Pittston, PA.
What is the asking price?
The asking price for this property is $1,825,000.
What are key features of this property?
This property features: 9,200‑square‑foot mixed‑use property; Residential apartments combined with commercial storefronts; Commercial zoning
