519 Main Street, Honesdale, PA 18431

$360,000
Property Type: Commercial Sale Square Footage: 4,556 Status: Closed
Current Price: $360,000 List Date: 4/17/2023 Last Modified: 9/11/2024

Overview

Description

Amazing Opportunity to Own a Piece of History on Main Street in Historic Honesdale, PA! Operated since the 1960's as a friendly barbershop, this awesome property includes 2 buildings, 1 Current Barbershop, 1 Large Office, 2 Apartments, a 3 Car Garage and 1 of the only 15 car parking lots on Main Street in Honesdale! Located in the Heart of Downtown Honesdale this property offers great income and a plethora of opportunities for the savvy investor or bustling entrepreneur! Long term tenants for secure income and multiple options to start or expand your business and enjoy living on the second floor overlooking Main Street Honesdale! Walk to shops, dining, parks, and more and enjoy everything our awesome town of Honesdale has to offer!, Truck: 10-11FT, Ceiling: 0-9FT

Listing Details MLS# PW-230997

General Property Information

Number Of Units Total
5
SqFt. Above Grade (Legacy)
3306
SqFt. Below Grade (Legacy)
1250
Building Area Total
4556
Living Area
4556
Year Built
1900
Lot Size Acres
0.14
Lot Size Dimensions
52x148x52x147x22x122x22
Water Body Name
None
Stories
2
Leasable Area
3306
List Price/SqFt
87.58
Sold Price/SqFt
79.02

Property Features

Business Type: Barber/Beauty; Convenience Store; Food & Beverage; Professional Service; Professional/Office; Rental; Restaurant Construction Materials: Brick; Frame Current Use: Commercial; Office; Residential Exterior Features: Storage Heating: Electric; Natural Gas Levels: Multi/Split Listing Terms: Cash; Conventional Parking Features: Detached; Garage; On Site Possession: Negotiable Possible Use: Office; Retail Road Frontage Type: City Street Road Surface Type: Paved Roof: Flat Sewer: Public Sewer Tenant Pays: Insurance; Sewer; Taxes; Water Water Source: Public

Contract Information

Listing Contract Date
2023-04-17
Property Sub Type
Business
Property Attached YN
No
Listing Service
Full Service
Environmental Survey YN
No

Location Tax and Legal

Street Number
519
Street Name
Main
Street Suffix
Street
County
Wayne
State
PA
Postal Code
18431
Subdivision Name
None

Remarks and Miscellaneous

Public Remarks
Amazing Opportunity to Own a Piece of History on Main Street in Historic Honesdale, PA! Operated since the 1960's as a friendly barbershop, this awesome property includes 2 buildings, 1 Current Barbershop, 1 Large Office, 2 Apartments, a 3 Car Garage and 1 of the only 15 car parking lots on Main Street in Honesdale! Located in the Heart of Downtown Honesdale this property offers great income and a plethora of opportunities for the savvy investor or bustling entrepreneur! Long term tenants for secure income and multiple options to start or expand your business and enjoy living on the second floor overlooking Main Street Honesdale! Walk to shops, dining, parks, and more and enjoy everything our awesome town of Honesdale has to offer!, Truck: 10-11FT, Ceiling: 0-9FT

Status Change Information

Major Change Timestamp
2024-05-15T15:42:29Z
Major Change Type
Status Change
Price Change Timestamp
2024-01-05T18:44:04Z
Purchase Contract Date
2024-03-28
Close Date
2024-05-15
Close Price
360000
Buyer Financing
Conventional

More Information

Building Features

Included In Contract
Building Only
Number of Levels
2

Income and Expenses

Gross Income
32280
Net Operating Income
14355

Road Frontage Type

Road Frontage Length
74
City Street
Yes

Location, Tax, and Legal

Street Additional Info
519 and 521 Main Street
Municipality
Honesdale Borough
High School District
Wayne Highlands
Cnty&Muni Taxes (Legacy)
2107.98
County Tax Amount
774.36
Municipal Tax Amount
1805.13
School Tax Amount
2892.86
Tax Annual Amount
5000.84
Tax Assessed Value
239000
Parcel Number
11-0-0007-0025
Zoning Description
Commercial
Tax Book Number
R-2630/52

Construction Materials

Brick
Yes
Frame
Yes

Current Use

Commercial
Yes
Office
Yes
Residential
Yes

Exterior Features

Storage
Yes

Heating

Electric
Yes
Natural Gas
Yes

Levels

Multi/Split
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Parking Features

Detached
Yes
Garage
Yes
On Site
Yes

Possession

Negotiable
Yes

Road Surface Type

Paved
Yes

Roof

Flat
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes

Business Type

Barber/Beauty
Yes
Convenience Store
Yes
Food & Beverage
Yes
Professional Service
Yes
Professional/Office
Yes
Rental
Yes
Restaurant
Yes

Possible Use

Office
Yes
Retail
Yes

Tenant Pays

Insurance
Yes
Sewer
Yes
Taxes
Yes
Water
Yes
Listing Office: RE/MAX WAYNE
Last Updated: September - 11 - 2024
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