2 S Main Street, Pittston, PA 18640 (MLS# 24-5587)

2 S Main Street, Pittston, PA 18640

$7,250,000

Property Type: Commercial Sale Baths: 22 Square Footage: 62,000 Status: Closed

Current Price: $7,250,000 List Date: 11/11/2024 Last Modified: 6/09/2025

Overview

Description

The Pittston Portfolio is comprised of 4 assets accompanied by 85-90 parking spaces, all within the bustling downtown. Main St has gone through an impressive revitalization over the last 10+ years with street scape and infrastructure improvements, private investment, and community support. All of these factors combined have transformed the look and feel of the downtown as well as sparked many

Supplements: business owners to open or relocate to the Greater Pittston Area. In total, these assets are home to 11 luxury residential units, an upscale casual restaurant, a small batch brewing company, successful coffee shop, financial services and law offices, retail, and health and wellness businesses, all located within a short walk of one another.

Listing Details MLS# 24-5587

Location, Tax & Legal

House # (1): 2
Street Direction Pfx: S
Street Name: Main
Street Suffix: Street
City (Post Office): Pittston
State/Province: PA
Zip Code: 18640
MLS Area: Pittston
County: Luzerne
Municipality: Pittston City
Develop/Subdivision: None
School District: Pittston
Zoning: Commercial
PIN#: See Remarks
DB/Record Book: See Remarks
Page: See Remarks
Appeal Pending: No
Total County Assmnt: 1438600
Est County Tax: 9141.02
Est Total Tax: 42791.74

Listing Information

For Sale: Y
Limited Service: No

Property Information

Realtor.COM Type: Commercial
Aprx Total SF: 62000
SqFt Office: 15000
SqFt Warehouse: 14000
SqFt Other: 33000
Year Built Age: 76 - 100 Yrs
# Spaces Off-Street: 110
Total Bathrooms: 22
Environmental Survey: N
Garage Stalls: No
# of Docks: 0

Remarks Directions

Directions: Main St. Pittston, 2 S Main is located on the corner of Main and Broad Streets.

Status Change Information

Under Contract Date: 2025-06-05
Sold Date: 2025-06-09

Remarks & Directions

Included: Residential kitchen appliances, 14 S Main Washers and Dryers
Excluded: Tenants personal items, trade fixtures, furniture
Hot Sheet Comment: price

More Information

Income & Expenses

Cash Flow Stmt Avail: Yes
Annual Gross Inc: 1011780
R.E. Tax Expense: 57989.08
Annual Tot Expenses: 175393.2
Ann Net B/4 Debt: 836387

Heat Fuel Type

Electric: Yes
Gas: Yes

Heat Type

Combination: Yes

Condition

Very Good: Yes

AC Type

Central: Yes

Hot Water

Electric: Yes
Gas: Yes

Water

Public: Yes

Exterior

Block: Yes
Brick: Yes
Metal: Yes

Sewer

Public: Yes

Roof

Metal: Yes
Rubber: Yes

Property Features

Basement: Yes
Elevator(s): Yes
Established Business: Yes
Exterior Signage: Yes
Handicap Features: Yes
Prime Location: Yes
Rest Rooms: Yes
Sprinkler System: Yes

Present Use

Apartments: Yes
Professional Offices: Yes
Restaurant: Yes
Retail: Yes

Ceiling Height

9'1' to 10': Yes
11'1' to 12': Yes

Included in Sale

Land: Yes
Building: Yes
Existing Leases: Yes
Trade/Business Name: Yes

Property Features

Heat Fuel Type: Electric; Gas Heat Type: Combination AC Type: Central Hot Water: Electric; Gas Water: Public Sewer: Public Exterior: Block; Brick; Metal Condition: Very Good Roof: Metal; Rubber Property Features: Basement; Elevator(s); Established Business; Exterior Signage; Handicap Features; Prime Location; Rest Rooms; Sprinkler System Present Use: Apartments; Professional Offices; Restaurant; Retail Ceiling Height: 9'1' to 10'; 11'1' to 12' Included in Sale: Land; Building; Existing Leases; Trade/Business Name

Listing Office: Lewith & Freeman, Kingston

Listing Agent: Carmen Winters

Last Updated: June - 09 - 2025

Information deemed reliable but not guaranteed.

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MLS Listing