144 Union StNanticoke, PA 18634

Property Details for 144 Union St

Lot size

0.18 AC

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

42-J7SW2-009-030

APU

42J7SW2009030

Description

This exceptional mixed-use property in Nanticoke, Pennsylvania, presents a lucrative investment opportunity. Located at 144 W Union St, 18634, this two-story building boasts a total of 2,740 square feet and comprises three units: a thriving deli/restaurant and two attached apartments. Each apartment features two bedrooms and one bathroom, offering comfortable living spaces for tenants or the owner-operator. The property is priced at $249,000, translating to $90.88 per square foot. Ample parking is available, accommodating 20+ vehicles, and a deeded lot adds further value. This turnkey operation is ideal for an investor seeking immediate income generation or a business owner looking to combine living and working spaces. The property's strong location in Luzerne County, Pennsylvania, ensures high visibility and accessibility. The building's solid construction and established tenant base contribute to its overall appeal. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable location. Don't miss out on this chance to secure a profitable investment in a thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $1,210,258

  6.5%

  $1,117,162

  7%

  $1,037,364

• Comparable approach

  Method

  Valuation

  Relative Method

  $601,244

  Geo Method

  $1,024,505

• Alternative Use

  Use

  Valuation

  Residential

  $1,385,280

  Hospitality

  $1,268,909

  Educational

  $1,055,718

  Medical

  $1,092,025

  Retail

  $1,642,228

Location Insight

City

Nanticoke

County

Luzerne

State

Pennsylvania

Latitude

41.197

Longitude

-76.0058

CBSA code

42540

CBSA name

SCRANTON--WILKES-BARRE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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