1441 Rt 590, Hawley, PA 18428

$445,000
Property Type: Commercial Sale Square Footage: 5,552 Status: Closed
Current Price: $445,000 List Date: 5/08/2024 Last Modified: 11/15/2024

Overview

Description

> Rare Investment property. 5 buildings on 2.64 acres right on busy Hwy 590 > close to Fawn Lake Forest, Masthope and Woodloch. Fully equipped Restaurant. This kitchen has the equipment to run any menu you can dream up. Make this the place everyone wants to be. Includes a fully rent out commercial building, a 4-bedroom home and 4 cozy cabins that have great Airbnb potential. Comes with Liquor License., Ceiling: 0-9FT

Listing Details MLS# PW-241280

General Property Information

Business Name
Cuckoo's Nest Restaurant Cocktails
Number Of Buildings
5
Number Of Units Total
5
Building Area Total
5552
Living Area
5552
Enhanced Accessible
Yes
Year Built
1949
Building Name
Cuckoo's Nest Restaurant Cocktails
Parking Total
40
Lot Size Acres
2.64
Lot Size Dimensions
2.64
Lot Dimensions Source
Assessor
Land Lease YN
No
Waterfront YN
No
Water Body Name
None
Basement YN
No
Stories
Yes
List Price/SqFt
109.69
Sold Price/SqFt
80.15

Property Features

Accessibility Features: Accessible Entrance; Electronic Environmental Controls; Grip-Accessible Features; Visitor Bathroom Basement: Partial Building Features: Equipment Included; Fixtures Included; Inventory Included Business Type: Barber/Beauty; Carpet/Tile; Child Care; Commercial; Convenience Store; Deli/Catering; Food & Beverage; Rental; Restaurant Construction Materials: Frame Cooling: Central Air Current Financing: Conventional Current Use: Commercial; Residential Electric: 200 or Less Amp Service; 200+ Amp Service Flooring: Carpet; Wood Foundation Details: Block; Concrete Perimeter; Stone Heating: Electric; Hot Water; Oil Levels: One Listing Terms: Cash; Conventional; Lease Purchase Lot Features: Corner Lot Parking Features: On Site Possession: Negotiable Possible Use: Investment; Residential; Retail Road Frontage Type: City Street; State Road Road Surface Type: Paved Roof: Other Sewer: Septic Tank Water Source: Well

Contract Information

Listing Contract Date
2024-05-08
Property Sub Type
Retail
Property Attached YN
No
Listing Service
Full Service
Availability Date
2024-05-08
Environmental Survey YN
No

Location Tax and Legal

Street Number
1441
Street Name
Rt 590
County
Pike
State
PA
Postal Code
18428
Subdivision Name
None

Remarks and Miscellaneous

Public Remarks
> Rare Investment property. 5 buildings on 2.64 acres right on busy Hwy 590 > close to Fawn Lake Forest, Masthope and Woodloch. Fully equipped Restaurant. This kitchen has the equipment to run any menu you can dream up. Make this the place everyone wants to be. Includes a fully rent out commercial building, a 4-bedroom home and 4 cozy cabins that have great Airbnb potential. Comes with Liquor License., Ceiling: 0-9FT

Status Change Information

Major Change Timestamp
2024-11-15T17:57:35Z
Major Change Type
Status Change
Purchase Contract Date
2024-07-30
Close Date
2024-11-15
Close Price
445000
Buyer Financing
Conventional

More Information

Building Features

Included In Contract
Business & Building(s)
Equipment Included
Yes
Fixtures Included
Yes
Inventory Included
Yes

Road Frontage Type

Road Frontage Length
425
City Street
Yes
State Road
Yes

Location, Tax, and Legal

Street Additional Info
ROUTE 590
Municipality
Lackawaxen Township - 05
City Region
Hawley
High School District
Wallenpaupack School District
County Tax Amount
1823.77
Municipal Tax Amount
602.09
School Tax Amount
5859.61
Tax Annual Amount
8686.85
Tax Year
2023
Tax Assessed Value
72980
Parcel Number
012.00-01-46 026242
Zoning
Commercial
Zoning Description
Commercial
Tax Book Number
2423/1397

Accessibility Features

Accessible Entrance
Yes
Electronic Environmental Controls
Yes
Grip-Accessible Features
Yes
Visitor Bathroom
Yes

Basement

Partial
Yes

Construction Materials

Frame
Yes

Cooling

Central Air
Yes

Current Financing

Conventional
Yes

Current Use

Commercial
Yes
Residential
Yes

Electric

200 or Less Amp Service
Yes
200+ Amp Service
Yes

Flooring

Carpet
Yes
Wood
Yes

Foundation Details

Block
Yes
Concrete Perimeter
Yes
Stone
Yes

Heating

Electric
Yes
Hot Water
Yes
Oil
Yes

Levels

One
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Lease Purchase
Yes

Lot Features

Corner Lot
Yes

Parking Features

On Site
Yes

Possession

Negotiable
Yes

Road Surface Type

Paved
Yes

Roof

Other
Yes

Sewer

Septic Tank
Yes

Water Source

Well
Yes

Business Type

Barber/Beauty
Yes
Carpet/Tile
Yes
Child Care
Yes
Commercial
Yes
Convenience Store
Yes
Deli/Catering
Yes
Food & Beverage
Yes
Rental
Yes
Restaurant
Yes

Possible Use

Investment
Yes
Residential
Yes
Retail
Yes
Listing Office: Lewith & Freeman Real Estate Hawley
Last Updated: November - 15 - 2024
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