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385-391 Main Street, Kingston, PA 18704

$378,000
2 Multi Buildings Parking Lot Bar Room Dining Room Dining Room Dining Room 6 Packs Togo 6 Packs Togo Kitchen Kitchen Kitchen 6 Packs Togo Private Party Room Private Party Room Private Party Room Private Party Room Private Party Room Private Party Room Map Zoom Map
Property Type: Residential Income Square Footage: 9,600 Status: Closed
Current Price: $378,000 List Date: 12/07/2020 Last Modified: 9/11/2024

Overview

Description

Purchase 2 large commercial multi-unit buildings in Kingston includes a successful togo pizza shop , 6 packs to go business. Full service kitchen, pizza shop, office, 7 large lease units, liquor license, beautiful bar, dining and parking lot. A great investment high cap rate priced to sell with many options in the Kingston area just one block from Lowe's. Qualified Owner Financing Call Realtor.

Listing Details MLS# 20-2524

Location, Tax & Legal

Street Number
385-391
Street Name
Main
Street Suffix
Street
State
PA
Postal Code
18704
County
Luzerne
MLS Area Major
Kingston Surrounds
SchoolDistrict
Wyoming Valley West
Township
Kingston Boro
Subdivision Name
None
Zoning
Commercial
PIN #
34-G9SE4 -015-018-000
DB/Record Book
3002
Page
196780
Total County Assmnt
285000
Est County Tax
1702.99
Est Total Tax
7374
Tax Year
2019

Listing Information

Listing Contract Date
2020-07-03
Limited Service
No

Property Information

Property Sub Type
Multiple Buildings
Building Area Total
9600
Est Age Range
31 - 40 Yrs
# Spaces off-Street
10
Parking
Off-Street
Realtor.COM Type
Multi-Family
Style
Multiple Buildings
Garage Stalls
No
Garage Type
None

Remarks Directions

Directions
Turn onto Main Street right off Wyoming Avenue Kingston. Pass Lowes on the left approximately 1 block away parking lot an both buildings are on the right.

Status Change Information

Purchase Contract Date
2020-11-22
Close Date
2021-04-30

Expenses

Annual Gross Income
338000
Total Annl Expenses
42000
Annual Electric Exp
0
Annual Gas Exp
0
Annual Othr Fuel Exp
0
Annual Water Exp
0
Annual Sewer Exp
0
Annual Real Est Tax
0
Annual Fire/Liabilty
0
Annual Flood Ins
0
Annual Lawn Maint.
0
Annual Snow Removal
0
Annual Other Misc
0
Anl Net Inc b/4 Debt
296000

More Information

Unit 1 Info

Unit #
Yes
# Rooms
2
# Baths
2
Heat in Rent
N
Hot Water in Rent
N
Approx SF
1300
Monthly Rent
0
Kitchen Style
Ordinary
Lease
Y
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Unit 2 Info

Unit #
2
Approx SF
2300
# Rooms
2
Monthly Rent
0
Kitchen Style
Ordinary
# Baths
2
Lease
Y
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y

Unit 3 Info

Unit #
3
Approx SF
2000
# Rooms
Yes
# Baths
2

Unit 4 Info

Unit #
4
Approx SF
1000
# Bedrooms
2
Kitchen Style
Ordinary
# Baths
Yes

Unit 5 Info

Unit #
5
Approx SF
1000
# Bedrooms
2
Kitchen Style
Ordinary
# Baths
Yes

Unit 6 Info

Unit #
6
Approx SF
1000
# Bedrooms
2
Kitchen Style
Ordinary
# Baths
Yes

Unit 7 Info

Unit #
7
Approx SF
1000
# Bedrooms
2
Kitchen Style
Ordinary
# Baths
Yes

Remarks & Directions

Hot Sheet Comment
price

Heat Fuel Type

Gas
Yes

Interior Finish

Drywall
Yes

Heat Type

Forced Air
Yes

Condition

Very Good
Yes

AC Type

Central
Yes

Water

Public
Yes

Exterior

Block
Yes

Sewer

Public
Yes

Roof

Comp Shingle
Yes

Basement

Full Unfinished
Yes

Property Features

Heat Fuel Type: Gas AC Type: Central Condition: Very Good Exterior: Block Basement: Full Unfinished
Listing Office: Berkshire Hathaway Home Services Preferred Properties
Listing Agent: Thomas Meyer
Last Updated: September - 11 - 2024
Information deemed reliable but not guaranteed.

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Specializing in residential and commercial sales, McDermott & McDermott Real Estate, Inc. services also include investment sales and property management. We are actively involved in turning the many bank-owned foreclosures back over to the hands of our communities.


Locations

142 N Main Street, First Floor
Shavertown, PA 18708

Locations

126 Cinder Lane
Blakeslee, PA 18610

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