436 S Memorial Highway, Shavertown, PA 18708

$199,000
Property Type: Commercial Sale Baths: 3 Square Footage: 3,000 Status: Closed
Current Price: $199,000 List Date: 5/10/2024 Last Modified: 7/25/2026

Overview

Description

This investment opportunity presents a fully leased mixed-use property boasting a lucrative 13% CAP rate. The property features two spacious apartments along with versatile retail space, offering a diverse income stream. This property has an onsite well and septic along with a newly paved parking lot.

Listing Details MLS# 24-1771

Location, Tax & Legal

Street Number
436
Street Direction Prefix
S
Street Name
Memorial
Street Suffix
Highway
State
PA
Postal Code
18708
MLS Area Major
Back Mountain
County
Luzerne
Township
Kingston Twp
Subdivision Name
None
SchoolDistrict
Dallas
Zoning
Commercial
DB/Record Book
3022

Listing Information

Listing Contract Date
2024-04-22
For Sale
Y

Property Information

Building Area Total
3000
SqFt Office
1200
Year Built Age
76 - 100 Yrs
Bathrooms Total
3
Environmental Survey
N
Realtor.COM Type
Commercial
Garage Stalls
No
# Spaces Off-Street
15

Remarks Directions

Directions
309 South .3 miles from Hillside Rd.

Status Change Information

Purchase Contract Date
2024-10-30
Close Date
2024-12-10
Close Price
175000

Remarks & Directions

Hot Sheet Comment
price

More Information

Income & Expenses

Water Exp
0
R.E. Tax Expense
2483
Fire Liab Ins Exp
2200
Other Exp
800
Ann Net B/4 Debt
29917

Heat Type

Electric Baseboard
Yes

Condition

Good
Yes

Exterior

Aluminum
Yes

Sewer

On-Site
Yes

Roof

Comp Shingle
Yes

Property Features

Heat Fuel Type: Electric AC Type: Ductless Water: Private Well Property Features: Basement Present Use: Apartments; Retail Ceiling Height: Up to 8'0' Included in Sale: Existing Leases
Listing Office: Classic Properties Kingston
Listing Agent: Charles Kasko
Last Updated: July - 25 - 2026
Information deemed reliable but not guaranteed.
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