$390,000
Honesdale, PA 18431
MLS# 20-4154
Status: Closed
13230 sqft
1 / 16
Property Description
Income producer from the start. Great investment opportunity on Main Street in beautiful downtown Honesdale. 2 Storefronts and 6 apartments, all fully rented. Well cared for, has new roof and new furnaces. The current owner has one of the storefronts and wants to sign lease to keep his business in the same location. Perfect location, walk to park, shopping, hospital and restaurants., Ceiling: 0-9FT
Details
Location, Tax, and Legal
Street Additional Info: 941-949 Main St. Honesdale PA
Municipality: Honesdale Borough
High School District: Wayne Highlands
Cnty&Muni Taxes (Legacy): 4670.34
School Tax Amount: 6198.81
Tax Annual Amount: 10869.15
Tax Assessed Value: 342400
Parcel Number: 11-0-0005-0030
Zoning Description: Commercial
Tax Book Number: R-1608/334
General Property Information
Number Of Buildings: 1
Number Of Units Total: 8
Building Area Total: 13230
SqFt. Above Grade (Legacy): 8820
SqFt. Below Grade (Legacy): 4410
Lot Size Acres: 0.11
Water Body Name: None
Basement YN: Yes
Stories: 3
Leasable Area: 8820
List Price/SqFt: 30.23
Sold Price/SqFt: 29.48
Living Area: 13230
Remarks and Miscellaneous
Public Remarks: Income producer from the start. Great investment opportunity on Main Street in beautiful downtown Honesdale. 2 Storefronts and 6 apartments, all fully rented. Well cared for, has new roof and new furnaces. The current owner has one of the storefronts and wants to sign lease to keep his business in the same location. Perfect location, walk to park, shopping, hospital and restaurants., Ceiling: 0-9FT
Construction Materials
Frame: 1
Current Use
Commercial: 1
Other: 1
Electric
Phase 3: 1
Heating
Natural Gas: 1
Levels
Three Or More: 1
Listing Terms
Cash: 1
Conventional: 1
Possession
Negotiable: 1
Road Frontage Type
Road Frontage Length: 54
City Street: 1
Highway: 1
Road Surface Type
Paved: 1
Roof
Flat: 1
Other: 1
Sewer
Public Sewer: 1
Utilities
Natural Gas Available: 1
Water Source
Public: 1
Income and Expenses
Cap Rate: 8.7
Gross Income: 66528
Net Operating Income: 36199
Building Features
Included In Contract: Building Only
Number of Levels: 2
Other: 1
Business Type
Barber/Beauty: 1
Florist/Nursery: 1
Gift Shop: 1
Professional Service: 1
Professional/Office: 1
Rental: 1
Possible Use
Investment: 1
Office: 1
Residential: 1
Retail: 1
Contract Information
Current Price: $390,000
Sold Price: $390,000
Status: Closed
Listing Contract Date: 2020-10-13
Location Tax and Legal
Street Number: 949
Street Name: Main
Street Suffix: Street
County: Wayne
State: PA
Postal Code: 18431
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2021-03-05T20:35:57Z
Major Change Type: Status Change
Purchase Contract Date: 2021-01-02
Close Date: 2021-03-05
Close Price: 390000
Property Features
Building Features: Other
Business Type: Barber/Beauty; Florist/Nursery; Gift Shop; Professional Service; Professional/Office; Rental
Construction Materials: Frame
Current Use: Commercial; Other
Electric: Phase 3
Heating: Natural Gas
Levels: Three Or More
Listing Terms: Cash; Conventional
Possession: Negotiable
Possible Use: Investment; Office; Residential; Retail
Road Frontage Type: City Street; Highway
Road Surface Type: Paved
Roof: Flat; Other
Sewer: Public Sewer
Utilities: Natural Gas Available
Water Source: Public
Listing Office: Davis R. Chant - Lake Wallenpaupack
Last Updated: February - 17 - 2026
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