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Three-Story Brick Mixed-Use Building
For Sale
$630,000

342-344 Wyoming Avenue, Kingston, PA 18704

Multi-Family, Kingston, PA

Property Size4,800 SF
Lot Size0.17 Acres
Price / SF$131.25
Days on Market104

Property Features for 342-344 Wyoming Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Commercial
Bedrooms 4
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bathroom 5, Bedroom 2, Bedroom 4, Basement, Bathroom 2, Bedroom 1
Parking features Off Street
Exterior features Brick
Basement Concrete, Full
Elementary school district Wyoming Valley West
Middle school district Wyoming Valley West
High school district Wyoming Valley West
Directions Apartment building is next to the Valero on Wyoming Ave. Across the street from Kingston Veterinary Clinic. Private parking lot is on the left hand side adjacent to Tire Choice Auto.
Subdivision Kingston-Forty Fort-Swoyersville
Standard status Active
APN G9SE4019013-34, G9SE4019014-34
Size 4,800 SF
Lot size 0.17 Acres

Additional Details

Mixed-Use Components retail, residential

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 4581

Utilities

Heating system Baseboard, Hot Water(Heating)
Cooling system Wall Unit(s)
Water source Public

Amenities

paved parking lot

Building Details

Roof type Built-Up
Buildings 1
Listing Agency: Berkshire Hathaway HomeServices Poggi, REALTORS
Listed By: Edmund H Poggi IV
Added: Jul 17 Changed: Oct 25 Last Checked: Oct 28 at 5:06AM
MLS# 26-2775

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.

Rey
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Investment Insights

Based on property information with market context.

Located at 342-344 Wyoming Avenue in Kingston, Pennsylvania, this three-level mixed-use property combines commercial and residential components within a 4,800-square-foot brick building. The ground floor contains 1,800 square feet suited for retail or office use, while four apartments occupy the upper two floors.

The property occupies a 0.1737-acre lot and includes an adjacent paved parking area accommodating 10+ cars. Building systems include five electrical services and five gas hot-water furnaces, with baseboard heating and wall-unit cooling. Public water serves the property, and the roof is built-up. Off-street parking is provided.

Key Highlights

  • 4,800‑square‑foot three‑story brick mixed‑use building
  • 1,800 square feet of first‑floor retail or office space
  • Four apartments on the second and third floors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$47,520
Cap Rate
7.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$950,400 $950.4K
Cap Rate 7%
$678,857 $678.9K
Cap Rate 9%
$528,000 $528.0K
Market Conditions
NOI Build-Up for 4,800 SF
Gross rent
$86.4K $18.00/SF
− Vacancy
−$10.4K −$2.16/SF
EGI
$76.0K $15.84/SF
− OpEx
−$28.5K −$5.94/SF
NOI
$47.5K $9.90/SF
Area
Luzerne County, PA
Vacancy
12.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$950,400
Cap Rate 7%
$678,857
Cap Rate 9%
$528,000

Alternative Uses

Best Use
Office B
$1.21M
$1.06M – $1.41M (±1% cap)
NOI $84,681 @ 7.0% cap · market cap 13.44%
Second Best
Mixed Use
$678.9K
$594.0K – $792.0K (±1% cap)
NOI $47,520 @ 7.0% cap · market cap 7.54%
Theoretical Best
Office A
$1.52M
$1.33M – $1.77M (±1% cap)
NOI $106,445 @ 7.0% cap · market cap 16.90%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Skin Care Clinic HVAC Service Garden Center Tech Support Center (Bike/Boat/Book/etc) Store Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units
4
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,720
Businesses Nearby

Demographics for 18704, PA

31,138
Population
14,531
Households
2.1
Avg Household Size
43
Median Age
29%
College-Educated
95%
High-School Grad
10.1 sq mi
ZIP Area
3,083
Density / Sq Mi
$62,907
Median Household Income
$39,349
Median Earnings
$935
Median Rent
$154,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor commercial space is paired with four apartments and paved off-street parking.
Where is this mixed-use property located?
The property is located at 342-344 Wyoming Avenue Kingston, PA.
What is the asking price?
The asking price for this property is $630,000.
What are key features of this property?
This property features: 4,800‑square‑foot three‑story brick mixed‑use building; 1,800 square feet of first‑floor retail or office space; Four apartments on the second and third floors
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