Bar Property with
New
For Sale
$425,000
430-432 Market Street, Kingston, PA 18704
Operating bar business with an included liquor license, complete furnishings, and dedicated off-street parking.
Property Size3,095 SF
Days on Market4
Property Features for 430-432 Market Street
General Information
Standard status
Active
Size
3,095 SF
Property subtype
Business
Taxes and HOA fees
Annual Taxes
$3,458
Building Details
Building Size
3,095 SF
Listing Agency:
Classic Properties Kingston
Listed By:
Edward Heck · License #RS277851
(570) 814-6129
Source:
Luxehomesnepa
Added: Sep 1
Changed: Sep 4
Last Checked: Sep 4 at 3:05PM
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 Classic Properties Kingston
Investment Insights
Based on property information with market context.
This operating bar property includes the liquor license and the equipment needed for continued service. The sale also includes an adjoining parking lot, providing dedicated off-street parking for the business.
Located at 430-432 Market Street in Kingston, PA 18704, the property is configured for ongoing tavern operations and is being offered with its existing business assets.
Located at 430-432 Market Street in Kingston, PA 18704, the property is configured for ongoing tavern operations and is being offered with its existing business assets.
Key Highlights
- Operating tavern business with liquor license included
- Equipment and furnishings included with the sale
- Adjacent parking lot conveys with the property
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$33,356
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.85%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$667,120
$667.1K
Cap Rate 7%
$476,514
$476.5K
Cap Rate 9%
$370,622
$370.6K
Market Conditions
NOI Build-Up for 3,095 SF
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.
Gross rent
$46.4K $15.00/SF
− Vacancy
−$1.9K −$0.63/SF
EGI
$44.5K $14.37/SF
− OpEx
−$11.1K −$3.59/SF
NOI
$33.4K $10.78/SF
Area
Luzerne 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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$667,120
Cap Rate 7%
$476,514
Cap Rate 9%
$370,622
Alternative Uses
Best Use
Specialty Retail
$476.5K
$417.0K – $555.9K
NOI $33,356 @ 7.0% cap · market cap 7.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$980.5K
$857.9K – $1.14M
NOI $68,635 @ 7.0% cap · market cap 16.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,316
Businesses Nearby
221k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 40%
Shops & Services 40%
Groceries 13%
Electronics 3%
Aldi
Groceries
28,012 visits/mo
0.5 miles
Dollar Tree
Shops & Services
20,783 visits/mo
0.5 miles
McDonald's
Dining
20,026 visits/mo
0.4 miles
Starbucks
Dining
15,624 visits/mo
0.1 miles
Petco
Shops & Services
12,167 visits/mo
0.5 miles
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
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Fred's — Wilkes-Barre, PA 18704
- Amber Lantern — 430 Market St, Kingston, PA 18704
- Avila's Bar and grill — 172 N Dawes Ave, Kingston, PA 18704, United States
- Joey's Joint on the Boardwalk — 59 Plymouth St, Edwardsville, PA 18704
- Swizzle Stick — 434 Main St, Edwardsville, PA 18704
Frequently Asked Questions
What type of property is this?
Bar & Pub - Operating bar business with an included liquor license, complete furnishings, and dedicated off-street parking.
Where is this bar & pub located?
The property is located at 430-432 Market Street Kingston, PA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Operating tavern business with liquor license included; Equipment and furnishings included with the sale; Adjacent parking lot conveys with the property
