651 Wyoming Ave,KINGSTON, PA 18704
KINGSTON, PA 18704
Description
8.74% CAP RATE -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 8.74% cap rate, and over $262,098 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 PlKingston, 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.
Details
| MLS # | PALU2002912 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1900 |
| Days On Site | 191 |
| Listing Provided By | EXP Realty, LLC | Hector R Rojas |
Features
| Zoning | MUTI USE |
|---|---|
| Acreage | 0.87 |
Interior
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | 90% Forced Air |
Exterior
| Construction Materials | Block, Brick Front, Combination |
|---|
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 0 |
|---|
Area Information
| State | PA |
|---|---|
| County | LUZERNE PA |
| City | KINGSTON |
| Zip Code | 18704 |
| Area | Kingston Boro (13734) |
| School District | WYOMING VALLEY WEST |
| Elementary School | CHESTER STREET |
| High School | WYOMING VALLEY WEST SHS |
| Listing VS Median (in 18704) | |
Price: $2,999,500 low | high Med: $995 On site: 191 low | high Med: 6 | |
Market Activity 18704
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Learn More About This Property
| State | PA |
|---|---|
| County | LUZERNE PA |
| City | KINGSTON |
| Zip Code | 18704 |
| Area | Kingston Boro (13734) |
| School District | WYOMING VALLEY WEST |
| Elementary School | CHESTER STREET |
| High School | WYOMING VALLEY WEST SHS |
| Listing VS Median (in 18704) | |
Price: $2,999,500 low | high Med: $995 On site: 191 low | high Med: 6 | |