Mixed-Use Property with
New
For Sale
$860,000
309-311 Dunmore Street, Throop, PA 18512
Commercial Sale, Throop, PA
Property Size6,594 SF
Lot Size0.23 Acres
Price / SF$130.42
Days on Market3
Property Features for 309-311 Dunmore Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C1
Zoning description
Commercial
Rooms
Basement
Parking
21
Basement
Full
Lot features
City Lot, Level
Elementary school district
Mid Valley
Middle school district
Mid Valley
High school district
Mid Valley
Directions
Near Corner Dunmore Street & Sanderson Street
Standard status
Active
APN
12517030063
Size
6,594 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
2023004196 & 202304197
Tax Annual Amount
62322
Legal Description
2023004196 & 202304197
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Ductless (Heating)
Cooling system
Ductless
Amenities
wheelchair-accessible ramp
entertainment stage
Building Details
Year built
1930
Floors in Building
2
Number of units
3
Flooring type
Laminate
Building materials
Stucco, Vinyl Siding
Listing Agency:
Keller Williams Real Estate-Clarks Summit · Keller Williams Realty
(570) 585-5800
Listed By:
Sherrie L Miller · License #RM423823
(570) 430-1599
Added: Oct 12
Changed: Oct 13
Last Checked: Oct 13 at 11:06PM
MLS# SC265159
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.
Investment Insights
Based on property information with market context.
This 6,594-square-foot mixed-use property includes a restaurant and bar business, 10 boarding rooms, two full bathrooms, a private efficiency apartment, and a second commercially zoned building. The restaurant seats approximately 110 guests and has two commercial kitchens, a walk-in cooler, dry storage, and an entertainment stage. Restaurant equipment, kitchen appliances, recipes, and a liquor license are included. The property also has wheelchair-accessible ramp access and 21 parking spaces.
Set on a 0.23-acre parcel at 309-311 Dunmore Street in Throop, the property is near area colleges and surrounding communities. It is zoned C1 and was built in 1930. Construction includes stucco and vinyl siding, with laminate flooring, natural gas and ductless heating, ductless cooling, and public sewer service.
Set on a 0.23-acre parcel at 309-311 Dunmore Street in Throop, the property is near area colleges and surrounding communities. It is zoned C1 and was built in 1930. Construction includes stucco and vinyl siding, with laminate flooring, natural gas and ductless heating, ductless cooling, and public sewer service.
Key Highlights
- Restaurant and bar business offered with liquor license, equipment, appliances, and recipes
- 10 boarding rooms, two full bathrooms, and a private efficiency apartment
- 6,594 square feet on a 0.23‑acre parcel
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,067
Cap Rate
8.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,421,340
$1.4M
Cap Rate 7%
$1,015,243
$1.0M
Cap Rate 9%
$789,633
$789.6K
Market Conditions
NOI Build-Up for 6,594 SF
Gross rent
$98.9K $15.00/SF
− Vacancy
−$4.2K −$0.63/SF
EGI
$94.8K $14.37/SF
− OpEx
−$23.7K −$3.59/SF
NOI
$71.1K $10.78/SF
Area
Lackawanna County, PA
Vacancy
4.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,421,340
Cap Rate 7%
$1,015,243
Cap Rate 9%
$789,633
Alternative Uses
Best Use
Specialty Retail
$1.02M
$888.3K – $1.18M
NOI $71,067 @ 7.0% cap · market cap 8.26%
Second Best
Mixed Use
$953.8K
$834.6K – $1.11M
NOI $66,764 @ 7.0% cap · market cap 7.76%
Theoretical Best
Office A
$1.67M
$1.46M – $1.95M
NOI $117,158 @ 7.0% cap · market cap 13.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Paved road access
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
320
Businesses Nearby
6k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
PNC Bank
Shops & Services
5,674 visits/mo
0.1 miles
The Tire Choice
Shops & Services
447 visits/mo
0.4 miles
Demographics for 18512, PA
12,081
Population
6,272
Households
1.9
Avg Household Size
44
Median Age
29%
College-Educated
92%
High-School Grad
11.3 sq mi
ZIP Area
1,069
Density / Sq Mi
$63,097
Median Household Income
$43,249
Median Earnings
$927
Median Rent
$173,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The operation includes lodging, an efficiency apartment, and a separate commercial building alongside restaurant facilities.
Where is this mixed-use property located?
The property is located at 309-311 Dunmore Street Throop, PA.
What is the asking price?
The asking price for this property is $860,000.
What are key features of this property?
This property features: Restaurant and bar business offered with liquor license, equipment, appliances, and recipes; 10 boarding rooms, two full bathrooms, and a private efficiency apartment; 6,594 square feet on a 0.23‑acre parcel
