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$1,500,000
MLS #26-3910

42-44 Main Street, Dallas

Dallas, PA, 18612
11
Baths
8,047
Building Square Footage

About This Property.

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

Property Details.

Location.

Area Demographics

Dallas Borough
2,692
Population
$92,614
Median Household Income
76%
Owner Occupied
2.28
Average Household Size
Housing Tenure
76% Owner Occupied24% Renter
ZIP 18612
17,739
Population
$95,891
Median Household Income
84%
Owner Occupied
2.41
Average Household Size
Housing Tenure
84% Owner Occupied16% Renter
Luzerne County
327,675
Population
$64,452
Median Household Income
68%
Owner Occupied
2.35
Average Household Size
Housing Tenure
68% Owner Occupied32% Renter

Source - U.S. Census Bureau, American Community Survey Five-Year Estimates ('24).

Meet Our Agents.

Jonathan J. Nelson Real Estate