42-44 Main St - Storefront Retail/Residential FOR SALE


Dallas, PA 18612
$1,500,000 USD
570-572-5306
42-44 Main St, Dallas, PA for Sale
$1,500,000 USD
Storefront Retail/Residential - FOR SALE
1/23
null | Request Cap Rate

42-44 Main St
Dallas, PA 18612


HIGHLIGHTS

  • 42-44 Main Street presents a freestanding, two-story, mixed-use building spanning 8,047 square feet at a highly visible four-way intersection.
  • Ideally located between Main Street and Memorial Highway, visible to more than 15,100 daily passing vehicles, ideal for commercial exposure.
  • Prime investment opportunity to own a well-positioned and recently renovated (2026) income-producing asset catering to rental and commercial demand.
  • Misericordia University (1 mile), enrolls approximately 2,200 students and contributes to the 10-mile spending power of more than $2.3B each year.
  • Subject is along Memorial Highway’s commercial corridor, near neighbors such as Jersey Mike’s, Dunkin’, Wendy’s, Domino’s, and CVS Pharmacy.
  • Residential unit features include modern finishes throughout, such as stainless steel appliances, granite countertops, and hardwood flooring.

OVERVIEW

Welcome to 42-44 Main Street, a fully renovated mixed-use investment property offering three residential units and three commercial retail suites in the heart of Downtown Dallas, Pennsylvania. Rebuilt with quality and longevity in mind, this property has undergone an extensive renovation featuring new structural framing, electrical systems, plumbing, mechanical upgrades, and numerous additional improvements, providing the benefits of modern construction while maintaining its prime downtown location. Positioned within 1 mile of Misericordia University, the residential units are ideally situated to attract college students, faculty, and young professionals. Residents enjoy the convenience of being within walking distance of restaurants, shopping, entertainment, and local nightlife, making this one of the area’s most desirable locations. Dallas, a neighborhood in northeastern Pennsylvania, is a tight-knit community with a well-established downtown. The downtown area was recently redone, and a traffic circle now marks the borough's center. Along the loop are local shops, restaurants, a public library, and the post office. Many college students contribute to heavy foot traffic during the academic year, adding to consumer demand and spending power. With strong potential for residential and commercial income, exceptional renovation quality, and a highly walkable location, 42-44 Main Street presents a rare opportunity for investors seeking a turnkey, income-producing asset in a thriving community.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$186 USD /SF

CAP RATE

Request Cap Rate

% LEASED

0%

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

Commercial

APN/PARCEL ID

11-D8SW3-005-010-000

ASK ABOUT THIS PROPERTY

Rob GarrisonGarrison Rental of NEPAMore Info
570-572-5306

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Rob GarrisonGarrison Rental of NEPAMore Info
570-572-5306

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.