949 Main Street, Honesdale, PA 18431 (MLS# 20-4358)
949 Main Street, Honesdale, PA 18431
$390,000
Property Type:
Commercial Sale
Square Footage:
8,820
Lot Size (sq. ft.):
4,792
Status:
Closed
Current Price:
$390,000
List Date:
10/13/2020
Last Modified:
9/14/2024
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., Tax Information: Available, Ceiling Height: Up to 8' - Y, No Overhead Door: Y
More Information MLS# 20-4358
Contract Information
Current Price: $390,000
Sold Price: $390,000
Status: Closed
Listing Contract Date: 2020-10-13
Property Attached YN: No
Listing Agreement: Exclusive Right To Sell
Owner Name: William and Lori Hopkins
Environmental Survey YN: No
Location Tax and Legal
Street Number: 949
Street Name: Main
Street Suffix: Street
State: PA
Postal Code: 18431
County: Wayne
General Property Information
Building Area Total: 8820
Building Area Total (Report Only): 8820
Enhanced Accessible: No
Year Built: 1950
Building Name: N/A
Lot Size Acres: 0.11
Lot Size Dimensions: 54x122x52x122
Land Lease YN: No
Waterfront YN: No
Basement YN: Yes
Stories: 2
Auction YN: No
List Price/SqFt: 45.34
Sold Price/SqFt: 44.22
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., Tax Information: Available, Ceiling Height: Up to 8' - Y, No Overhead Door: Y
Exclusions: No
Status Change Information
Major Change Timestamp: 2021-03-05T20:46:22Z
Major Change Type: Status Change
Status Change Timestamp: 2021-03-05
Purchase Contract Date: 2021-01-02
Close Date: 2021-03-05
Close Price: 390000
Concessions: No
Building Features
Included In Contract: Building Only
Retail SqFt: 4410
Income and Expenses
Annual Total Expense: 35815
Gross Income: 66528
Net Operating Income: 30713
Road Frontage Type
Road Frontage Length: 54
Property Features
Construction Materials: Block; Vinyl Siding; Wood Siding
Cooling: Window Unit(s)
Current Use: Residential; Retail
Electric: 200 or Less Amp Service; 220 Volts; Phase 3
Flooring: Carpet; Wood
Heating: Hot Water; Natural Gas; Zoned
Levels: One and One Half
Listing Terms: Cash; Conventional
Lot Features: Level; Near Central Business District; Near General Business
Parking Features: On Street; None
Possession: Negotiable
Road Frontage Type: State Road
Road Surface Type: Paved
Roof: Asbestos Shingle; Rubber
Sewer: Public Sewer
Water Source: Public
Showing Requirements: Appointment Only; Showing Service
Listing Office: Davis R Chant
Last Updated: September - 14 - 2024
Information deemed reliable but not guaranteed.