162 Main St Pittston, PA 18640-1674
This exceptional 2,400 square foot mixed-use property, situated on a 0.15-acre lot at 162 S Main Street in Pittston, PA, presents a compelling investment opportunity. Currently zoned for five units (buyer to verify zoning), this building offers tremendous potential for redevelopment and creative repurposing. Its prime location in the heart of Pittston's burgeoning downtown area ensures high visibility and significant foot and vehicle traffic. The property is within easy walking distance of a vibrant array of restaurants and shops, providing immediate access to a thriving community. Requiring rehabilitation, this building is ideal for entrepreneurs and developers seeking a blank canvas to create a unique commercial space, perhaps a cafГ©, ice cream parlor, or a stylish blend of urban lofts with ground-floor commercial use. The high-traffic location and potential for multiple income streams make this a truly remarkable opportunity to capitalize on Pittston's revitalization. The asking price is $185,000. Serious inquiries are encouraged to explore the possibilities this property offers. This is a chance to shape the future of a key location in a growing Pennsylvania city. Don't miss this chance to acquire a piece of Pittston's exciting commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.