Address
1079 Texas Palmyra Hwy Honesdale, PA
Price
$ 1,690,000
Property Attributes
  • MLS#PM84714
  • TypeCommercial
  • CountyWAYNE
  • CityHonesdale
  • AreaTexas Township
  • Zip18431
  • Style
  • Price$ 1,690,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage19868
  • Lot Size4.71 Acres
Listing Provided Courtesy Of:
Davis R. Chant Real Estate - Milford
Data Source:
Pocono Mountains Association of REALTORS
Property Description

Commercial investors or operators, this is the one you have been looking for. Strong tenants with an 9% cap rate which does not take into account a currently vacant 4,000 square foot prime space that you can use for your business or rent to increase cap rate. The property is 4.71 acres and has 3 buildings totaling approximately 19,868 square feet. Building #1 is 14,548 square feet of retail, Building #2 is 2,427 square feet of garage leased garage space and Building #3 is 2,893 square feet and leased for a car wash. 431 feet of frontage on busy US Route 6 near Walmart, Home Depot and Route 6 Plaza with a traffic count of over 16,000 vehicles per day. Separate utilities for each tenant. Public sewer. Great opportunity

Price History
2/4/2021 Listed $1,690,000

General Features

Construction Frame, Metal
Cooling CntrlAC
Exterior Features Highway Exposure, Sign
Financing Cash, Conventional
Heating Elec, Gas
Location FreeStnd, Other-See Remarks
Miscellaneous: Zoning Code C-2 Highway Comm
Parking On-site
Property Type D
Roof Ridged
School District Wayne Highlands
Sewer Public
Status Active
Stories 1.0
Subdivision Z Not In A Development
Water Well

Interior Features

Ceiling 10-12FT
Living Area 19868.00
Useable Space: Max Contiguous Sf 14548.00
Useable Space: Nmbr Of Rental Units 6.00
Useable Space: Number Of Buildings 3.00
Useable Space: Number Of Levels 1.00

Exterior Features

Road Paved, Public
Road Surface Blk-top
Road Type US-hwy

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 18431

Price
AVG $820K
$1.69M
Visits
AVG 30
5
Year Built
AVG 1945
1983
Walkscore
AVG 40
31
Data Provided by Walkscore ® not using MLS data

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