Operational Tavern with Liquor
New
For Sale
$425,000
430-432 Market Street, Kingston, PA 18704
Commercial, Kingston, PA
Property Size3,095 SF
Price / SF$137.32
Days on Market1
Property Features for 430-432 Market Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Elementary school district
Wyoming Valley West
Middle school district
Wyoming Valley West
High school district
Wyoming Valley West
Directions
Rt 11 to Market St. Property on right
Subdivision
Kingston-Forty Fort-Swoyersville
Standard status
Active
APN
34-H9NE1-010-025 & 026
Size
3,095 SF
Taxes and HOA fees
Tax Annual Amount
3458
Listing Agency:
Classic Properties Kingston
(570) 718-4959
Listed By:
Edward Heck · License #RS277851
(570) 814-6129
Added: Sep 1
Last Checked: Sep 1 at 5:06PM
MLS# 26-4452
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.
Investment Insights
Based on property information with market context.
Located at 430-432 Market Street in Kingston, Pennsylvania, this 3,095-square-foot tavern is configured for ongoing bar operations. The property is fully equipped and includes an existing liquor license, allowing the next operator to take over an established operating setup. Two bathrooms are also included within the property.
Off-street parking is provided, with the sale including the parking lot next to the bar. Commercial zoning supports the current tavern use. The property is situated in Kingston, in Luzerne County, and presents a combined bar facility and parking component within the same offering.
Off-street parking is provided, with the sale including the parking lot next to the bar. Commercial zoning supports the current tavern use. The property is situated in Kingston, in Luzerne County, and presents a combined bar facility and parking component within the same offering.
Key Highlights
- 3,095‑square‑foot tavern at 430‑432 Market Street, Kingston, PA
- Existing liquor license included
- Fully equipped for ongoing bar operations
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
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
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
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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 - Commercially zoned tavern with installed equipment, off-street parking, and an adjoining parking lot.
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: 3,095‑square‑foot tavern at 430‑432 Market Street, Kingston, PA; Existing liquor license included; Fully equipped for ongoing bar operations
