1097 Texas Palmyra Highway, Honesdale, PA 18431 (MLS# 19-5072)

1097 Texas Palmyra Highway, Honesdale, PA 18431

$900,000

Property Type: Commercial Sale Square Footage: 6,600 Status: Closed

Current Price: $900,000 List Date: 11/23/2019 Last Modified: 9/11/2024

Overview

Description

Great business opportunity to own a very profitable, state of the art, newly constructed gun range and store. Price is for the property and business including all equipment and inventory. The business is located on heavily traveled US Route 6 near Honesdale PA with a traffic count of 16,000 vehicles per day. The building features a lobby/reception area, an extremely well stocked gun store, an indoor archery range, a 5-station indoor gun range with state-of-the-art ventilation system and back stop, a conference/training room used for classroom instruction along with handicapped rest rooms. The business is turn-key. There is additional room on the property for a pad site or future expansion., Ceiling: 10-12FT

Listing Details MLS# 19-5072

General Property Information

Business Name: 3B's Indoor Shooting Range
Number Of Buildings: Yes
SqFt. Above Grade (Legacy): 6600
Building Area Total: 6600
Living Area: 6600
Year Built: 2015
Lot Size Acres: 1.05
Water Body Name: None
Stories: Yes
Leasable Area: 6600
List Price/SqFt: 193.18
Sold Price/SqFt: 136.36
SqFt. Below Grade (Legacy): 0

Property Features

Building Features: Equipment Included; Fixtures Included; Inventory Included Business Type: Recreation Construction Materials: Masonite Cooling: Central Air Current Use: Commercial Electric: 200 or Less Amp Service; 440 Volts Flooring: Concrete Heating: Natural Gas Levels: One Listing Terms: Cash; Conventional Parking Features: On Site Possession: Negotiable Possible Use: Retail Road Frontage Type: City Street; Highway Road Surface Type: Paved Roof: Other Sewer: Public Sewer Water Source: Public

Contract Information

Listing Contract Date: 2019-11-12
Property Attached YN: No

Location Tax and Legal

Street Number: 1097
Street Name: Texas Palmyra
Street Suffix: Highway
County: Wayne
State: PA
Postal Code: 18431
Subdivision Name: None

Remarks and Miscellaneous

Public Remarks: Great business opportunity to own a very profitable, state of the art, newly constructed gun range and store. Price is for the property and business including all equipment and inventory. The business is located on heavily traveled US Route 6 near Honesdale PA with a traffic count of 16,000 vehicles per day. The building features a lobby/reception area, an extremely well stocked gun store, an indoor archery range, a 5-station indoor gun range with state-of-the-art ventilation system and back stop, a conference/training room used for classroom instruction along with handicapped rest rooms. The business is turn-key. There is additional room on the property for a pad site or future expansion., Ceiling: 10-12FT

Status Change Information

Major Change Timestamp: 2020-06-17T20:49:51Z
Major Change Type: Status Change
Purchase Contract Date: 2019-12-31
Close Date: 2020-06-17
Close Price: 900000

More Information

Building Features

Included In Contract: Business & Building(s)
Number of Levels: Yes
Equipment Included: Yes
Fixtures Included: Yes
Inventory Included: Yes

Income and Expenses

Cap Rate: 9.8
Gross Income: 463595
Net Operating Income: 125014

Road Frontage Type

Road Frontage Length: 102
City Street: Yes
Highway: Yes

Location, Tax, and Legal

Street Additional Info: 1097 Texas Palmyra Highway
Municipality: Texas Township 1&2
High School District: Wayne Highlands
Cnty&Muni Taxes (Legacy): 2443.32
School Tax Amount: 9637.03
Tax Annual Amount: 12080.35
Tax Assessed Value: 678800
Parcel Number: 27-0-0019-0008
Zoning Description: Commercial

Construction Materials

Masonite: Yes

Cooling

Central Air: Yes

Current Use

Commercial: Yes

Electric

200 or Less Amp Service: Yes
440 Volts: Yes

Flooring

Concrete: Yes

Heating

Natural Gas: Yes

Levels

One: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Parking Features

On Site: Yes

Possession

Negotiable: Yes

Road Surface Type

Paved: Yes

Roof

Other: Yes

Sewer

Public Sewer: Yes

Water Source

Public: Yes

Business Type

Recreation: Yes

Possible Use

Retail: Yes

Listing Office: Davis R. Chant - Lake Wallenpaupack

Last Updated: September - 11 - 2024

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