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181 S Wyoming Street, Hazleton, PA, 18201
Bar & Grill with Three Apartments

181 S Wyoming Street Hazleton, PA 18201

For Sale
$369,000

COMMERCIAL - Hazleton, PA

Property Size3,189 SF
Lot Size0.05 Acres
Price / SF$115.71
Days on Market47

Property Features for 181 S Wyoming Street

General Information

Property type
Commercial Sale
Property subtype
Other
Basement
Full
Standard status
Active
APN
71-U8NW12-004-001-000
Size
3,189 SF
Lot size
0.05 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
185 S Wyoming St
Tax Annual Amount
4504

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Baseboard
Water source
Public

Building Details

Floors in Building
3
Flooring type
Varies
Roof type
Shingle, Rubber
Listing Agency: Bear Mountain Real Estate LLC
Listed By: Keri A Gallagher
Added: Jun 9 Changed: Jul 17 Last Checked: Jul 25 at 2:06AM
MLS# PM-142047

Copyright © 2026 Pocono Mountains 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 includes a bar and grill and three income-producing residential apartments. The commercial component is positioned for an owner-operator or buyer looking to continue operating the existing business. A transferable liquor license is included with the sale, supporting continued service operations under new ownership.

The residential units consist of three separate apartments. The first-floor unit offers one bedroom and one bathroom and includes access to a private outdoor space. A second-floor apartment also provides one bedroom and one bathroom. The third unit spans the second and third floors and features three bedrooms, one and a half bathrooms, and a bonus room.

For tenants, the property provides multiple housing options within the same building, ranging from a private outdoor-access layout to larger multi-level space. For buyers and investors, it offers a combined structure with both a hospitality component and residential rental units in one ownership package. The liquor license transfer provides continuity for the bar and grill use, while the apartment mix supports diversification within the property.

Key Highlights

  • Mixed‑use property featuring Joyce & Bill's Bar & Grill plus three income‑producing apartments
  • Transferable liquor license included with the sale
  • First‑floor apartment: 1 bed, 1 bath, with access to a private outdoor space

Financial Insights For Multifamily LT 5

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 $40.2k $12.60
− Vacancy −$3.4k −$1.07
EGI $36.8k $11.53
− OpEx −$11.0k −$3.46
NOI $25.7k $8.07
3,189 SF · lease $12.60/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use
Specialty Retail
$491.0K
$429.6K – $572.8K (±1% cap)
NOI $34,369 @ 7.0% cap · market cap 9.31%
Second Best
Multifamily LT 5
$367.7K
$321.7K – $428.9K (±1% cap)
NOI $25,736 @ 7.0% cap · market cap 6.97%
Theoretical Best
Office A
$1.01M
$884.0K – $1.18M (±1% cap)
NOI $70,719 @ 7.0% cap · market cap 19.17%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Bars & Pubs

Suggested Use

Real Estate Agency Parking Lot & Garage Electrical Service Gym & Fitness Center Skin Care Clinic Garden Center Acupuncture Cafe & Coffee Shop Storage Facility Pet Grooming Service

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

Similar Off Market Nearby

  • ELITE Exclusive Bar & Restaurant 501 S Church St, Hazleton, PA 18201
  • The Pink Elephant 🐘 429 E Cranberry Ave, Hazleton, PA 18201
  • Joyce & Bill's Bar & Grill 181 S Wyoming St, Hazleton, PA 18201
  • Mambo's Cafe 501 s church st, hazleton, pa 18201
  • Bunkers sports Bar & Restaurant 462 S Poplar St, Hazleton, PA 18201

FAQs

What type of property is this?
Bar & Pub - Mixed-use property combining a bar and three rental apartments, including a transferable liquor license.
Where is this bar & pub located?
The property is located at 181 S Wyoming Street Hazleton, PA.
What is the asking price?
The asking price for this property is $369,000.
What are key features of this property?
This property features: Mixed‑use property featuring Joyce & Bill's Bar & Grill plus three income‑producing apartments; Transferable liquor license included with the sale; First‑floor apartment: 1 bed, 1 bath, with access to a private outdoor space
More about this property
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