NEW! Buy and sell safely with virtual options - Learn More
About the Listing EXPREAL1 - 3397264
Prime Mixed-Use Investment Opportunity | Kingston, PA | Immediate Cash Flow + Future Upside Position yourself in one of Kingston’s most active commercial corridors with this rare, income-producing mixed-use portfolio spanning multiple contiguous properties along Wyoming Avenue and surrounding streets. This is a stabilized asset delivering strong in-place cash flow today, with clear pathways to increase value tomorrow. The property features a well-balanced tenant mix of established restaurants, retail storefronts, wellness operators, and service-based businesses, creating a diversified and resilient income stream. Long-term leases are already in place, offering predictable returns from day one, while ongoing owner upgrades further enhance the asset’s overall quality and long-term positioning. In addition to its solid financial performance, the location benefits from consistent foot traffic and a built-in demand driver due to its position within the Kingston Eruv, making both the residential and commercial components highly desirable within the local community. What truly sets this opportunity apart is the future upside. Investors have the ability to increase rents to market levels over time while also exploring vertical expansion potential across the portfolio. The opportunity to build additional residential units above the existing structures creates a clear value-add play in a supply-constrained market. With a purchase price of $2,999,500, a 7.1% cap rate, and over $222,000 in annual cash flow, this is a rare chance to acquire a stabilized, income-generating asset with both immediate returns and long-term development potential. Addresses Included: 651 Wyoming Ave | 653 Wyoming Ave | 647 Wyoming Ave | 649 Wyoming Ave | 17–19 E Union St | 6 Gershom Pl Kingston, PA 18704 This is more than a property; it’s a strategic investment in a growing corridor with built-in demand, strong fundamentals, and real upside.
Listing Highlights
Status
Active
Days on Site
23
Property Type
Commercial Sale
MLS ®
PALU2002912
Year Built
1900
Total Square Footage
38,000
Lot/Acreage
0.87
County
Luzerne
School District
Wyoming Valley West
Elementary School
Chester Street
Middle School
Wyoming Valley West
High School
Wyoming Valley West Shs
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C
- Heating: 90% Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 40
- Zoning: Muti Use
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
651 Wyoming Ave Kingston, PA 18704
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
