380 New Grove St Wilkes Barre, PA 18702
Residential 3-bedroom property currently operating as a dog grooming business, with dedicated business space and flexible layout.
Property Features for 380 New Grove St
General Information
- Standard status
- Active
- Size
- 2,870 SF
- Property subtype
- RETAIL
Listing office RPA Real Estate-Kingston (484) 797-9401
Listing date Jul 8, 2026
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of RPA Real Estate-Kingston
Investment Insights
Based on property information with market context.
The offering is listed for sale and is being sold as-is. The configuration supports flexible use, including live-work arrangements, depending on how you plan to allocate the on-site business space.
As presented, the property combines residential and grooming operations under one roof, making it a practical option for buyers seeking a single property that can accommodate both living and a related business use.
Key Highlights
- 3‑bedroom property currently used as a residence and dog grooming business
- Dedicated business space for the grooming operation
- Functional, flexible layout offers multiple live/work or business‑use options
Local Financial Insights For Retail
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 | $37.9k | $13.20 |
| − Vacancy | −$3.8k | −$1.32 |
| EGI | $34.1k | $11.88 |
| − OpEx | −$10.2k | −$3.56 |
| NOI | $23.9k | $8.32 |
