$349,900
Honesdale, PA 18431
MLS# 20-3844
Status: Closed
6478 sqft
1 / 26
Property Description
AWESOME 8 UNIT INCOME PRODUCING COMMERCIAL/MULTIFAMILY PROPERTIES ON MAIN STREET IN HONESDALE! This mixed-use property consists of 3 separately deeded adjoining parcels, which offer 1,000sqFt store front & 7 residential units. The 2 buildings offer a over 6,400sqFt & 2 levels. The Store Front unit includes ½ bath & 5 single bedroom apartments located above. There is one vacant apartment that need finishing touches to be rented. There are 2 additional single family apartments located in adjacent house. The downstairs unit offers 1 bedroom, 1 bath & the upstairs unit offers 2 bedroom, 1 bath. Multiple on-site parking spots available, great exposure on Main Street in the center of Honesdale! Excellent rental history with terrific tenant longevity, some over 30 years!
Details
Contract Information
Property Attached YN: No
Current Price: $349,900
Sold Price: $349,900
Status: Closed
Listing Contract Date: 2020-09-23
Location, Tax, and Legal
Street Additional Info: 106 11th St Honesdale
Municipality: Honesdale Borough
High School District: Wayne Highlands
Cnty&Muni Taxes (Legacy): 4341.61
School Tax Amount: 5762.5
Tax Annual Amount: 10104.11
Tax Assessed Value: 318300
Parcel Number: 11-0-0005-0044
Additional Parcels Description: 11-0-0005-0045, 11-0-0005-0043
Zoning Description: Commercial
Tax Book Number: D-0246/967
General Property Information
Number Of Buildings: 2
Number Of Units Total: 8
Building Area Total: 6478
SqFt. Above Grade (Legacy): 4412
SqFt. Below Grade (Legacy): 2066
Lot Size Acres: 0.08
Water Body Name: None
Stories: 2
Leasable Area: 6478
List Price/SqFt: 54.01
Sold Price/SqFt: 54.01
Living Area: 6478
Year Built: 1900
Remarks and Miscellaneous
Public Remarks: AWESOME 8 UNIT INCOME PRODUCING COMMERCIAL/MULTIFAMILY PROPERTIES ON MAIN STREET IN HONESDALE! This mixed-use property consists of 3 separately deeded adjoining parcels, which offer 1,000sqFt store front & 7 residential units. The 2 buildings offer a over 6,400sqFt & 2 levels. The Store Front unit includes ½ bath & 5 single bedroom apartments located above. There is one vacant apartment that need finishing touches to be rented. There are 2 additional single family apartments located in adjacent house. The downstairs unit offers 1 bedroom, 1 bath & the upstairs unit offers 2 bedroom, 1 bath. Multiple on-site parking spots available, great exposure on Main Street in the center of Honesdale! Excellent rental history with terrific tenant longevity, some over 30 years!
Current Use
Commercial: 1
Office: 1
Residential: 1
Heating
Natural Gas: 1
Listing Terms
Cash: 1
Conventional: 1
Lease Option: 1
VA Loan: 1
Lot Features
Corner Lot: 1
Near Public Transit: 1
Parking Features
On Site: 1
Possession
Negotiable: 1
Road Frontage Type
Road Frontage Length: 168
City Street: 1
Highway: 1
Road Surface Type
Paved: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Income and Expenses
Gross Income: 48720
Building Features
Included In Contract: Building Only
Number of Levels: 2
Business Type
Barber/Beauty: 1
Florist/Nursery: 1
Gift Shop: 1
Professional Service: 1
Rental: 1
Possible Use
Retail: 1
Location Tax and Legal
Street Number: 1055
Street Name: Main
Street Suffix: Street
County: Wayne
State: PA
Postal Code: 18431
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2021-11-12T17:14:02Z
Major Change Type: Status Change
Price Change Timestamp: 2021-02-04T22:02:46Z
Purchase Contract Date: 2021-06-15
Close Date: 2021-11-11
Close Price: 349900
Property Features
Business Type: Barber/Beauty; Florist/Nursery; Gift Shop; Professional Service; Rental
Current Use: Commercial; Office; Residential
Heating: Natural Gas
Listing Terms: Cash; Conventional; Lease Option; VA Loan
Lot Features: Corner Lot; Near Public Transit
Parking Features: On Site
Possession: Negotiable
Possible Use: Retail
Road Frontage Type: City Street; Highway
Road Surface Type: Paved
Sewer: Public Sewer
Water Source: Public
Listing Office: RE/MAX WAYNE
Last Updated: February - 17 - 2026
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