Mixed-Use Building with
For Sale
$624,900
234-238 Kidder Street, Wilkes Barre, PA 18702
Residential Income, Wilkes-Barre, PA
Property Size6,600 SF
Lot Size0.17 Acres
Price / SF$94.68
Days on Market11
Property Features for 234-238 Kidder Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R1
Bedrooms
4
Bathrooms
4
Full bathrooms
2
Half bathrooms
2
Rooms
Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 3, Basement, Bathroom 4, Bathroom 1, Bathroom 3
Security features
Security System
Patio and Porch features
Deck
Interior features
Breakfast Bar, Storage, High Ceilings, Ceiling Fan(s)
Exterior features
Balcony
Basement
Unfinished
Elementary school district
Wilkes-Barre Area
Middle school district
Wilkes-Barre Area
High school district
Wilkes-Barre Area
Directions
I-81 South to Exit 170B (Route 309 North / Cross Valley Expressway). Take the Kidder Street / Route 315 exit and follow Kidder Street toward the city, past the Wyoming Valley Mall. Property is on the corner of Kidder and Laurel. Sign on property.
Standard status
Active
APN
73-H10SW2-004-015-000
Size
6,600 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5072
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Building Details
Year built
1920
Floors in Building
2
Number of units
3
Flooring type
Tile - Ceramic, Hardwood
Additional Structures
Storage
Listing Agency:
C21 Jack Ruddy Real Estate · Century 21 Real Estate
(570) 344-6724
Listed By:
Patrick Joseph Devaney
(570) 335-1735
Added: Oct 9
Changed: Oct 19
Last Checked: Oct 19 at 4:06PM
MLS# SC265257
Copyright © 2026 Greater Scranton Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 6,600-square-foot mixed-use property in Wilkes-Barre occupies a 0.17-acre lot and was built in 1920. Its three units comprise two street-level storefronts and a 3,400-square-foot residential loft. The loft has four bedrooms, two full bathrooms, an open living, dining, and kitchen area, two sunrooms, and a private deck. A 3,400-square-foot basement and walk-up attic provide additional storage.
The commercial spaces have distinct occupancy arrangements: one is expected to be vacant at closing, while the other is occupied by a long-term tenant. The building has four gas and water meters, three electric meters, and a fourth electric meter base. Natural gas provides heat, with propane available for emergency backup. A monitored, four-zone security system covers smoke, fire, and intrusion.
The commercial spaces have distinct occupancy arrangements: one is expected to be vacant at closing, while the other is occupied by a long-term tenant. The building has four gas and water meters, three electric meters, and a fourth electric meter base. Natural gas provides heat, with propane available for emergency backup. A monitored, four-zone security system covers smoke, fire, and intrusion.
Key Highlights
- 6,600 square feet of finished space on a 0.17‑acre lot
- Three units: two storefronts and a 3,400‑square‑foot residential loft
- Loft includes 4 bedrooms, 2 full baths, 2 sunrooms, and a private deck
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,886
Cap Rate
8.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,097,720
$1.1M
Cap Rate 7%
$784,086
$784.1K
Cap Rate 9%
$609,844
$609.8K
Market Conditions
NOI Build-Up for 6,600 SF
Gross rent
$87.1K $13.20/SF
− Vacancy
−$8.7K −$1.32/SF
EGI
$78.4K $11.88/SF
− OpEx
−$23.5K −$3.56/SF
NOI
$54.9K $8.32/SF
Area
Luzerne County, PA
Vacancy
10.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,097,720
Cap Rate 7%
$784,086
Cap Rate 9%
$609,844
Alternative Uses
Best Use
Mixed Use
$933.4K
$816.8K – $1.09M
NOI $65,340 @ 7.0% cap · market cap 10.46%
Second Best
Retail
$784.1K
$686.1K – $914.8K
NOI $54,886 @ 7.0% cap · market cap 8.78%
Theoretical Best
Office A
$2.09M
$1.83M – $2.44M
NOI $146,362 @ 7.0% cap · market cap 23.42%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
784
Businesses Nearby
142k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 32%
Home Improvements & Furnishings 30%
Shops & Services 29%
Groceries 7%
The Home Depot
Home Improvements & Furnishings
40,896 visits/mo
0.4 miles
Gabe's
Shops & Services
28,668 visits/mo
0.4 miles
Dunkin' Donuts
Dining
14,696 visits/mo
0.3 miles
Wendy's
Dining
12,393 visits/mo
0.3 miles
Restaurant Depot
Groceries
10,446 visits/mo
0.4 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two street-facing commercial spaces accompany a residential loft with private outdoor space.
Where is this mixed-use property located?
The property is located at 234-238 Kidder Street Wilkes Barre, PA.
What is the asking price?
The asking price for this property is $624,900.
What are key features of this property?
This property features: 6,600 square feet of finished space on a 0.17‑acre lot; Three units: two storefronts and a 3,400‑square‑foot residential loft; Loft includes 4 bedrooms, 2 full baths, 2 sunrooms, and a private deck
