541 Main Street, Honesdale, PA 18431

$600,000
Property Type: Commercial Sale Square Footage: 3,992 Status: Closed
Current Price: $600,000 List Date: 6/03/2025 Last Modified: 8/11/2025

Overview

Description

Seize a rare opportunity to own a high-exposure, high-performing commercial property and business in the heart of historic downtown Honesdale. Perfectly positioned along Main Street with unbeatable visibility, this well-maintained building offers 4,000 square feet of versatile space—ideal for retail, restaurant, showroom, office, or specialty use. Currently home to the successful R3 Hardware Company, this listing includes the business and real estate at this awesome location including all of the inventory, equipment, etc. The property is available to be sold without the existing business and inventory at a lower price just inquire for more info. This offers plenty of flexibility for investors or entrepreneurs looking to step into a thriving operation or launch something entirely new. Inside, you'll find a spacious and well-organized interior with modern finishes, efficient mechanicals, and ample storage. The exterior features an impressive storefront with prominent signage and, ...

Listing Details MLS# PW-251664

General Property Information

Business Name
R3 Hardware
Number Of Buildings
Yes
Number Of Units Total
Yes
Above Grade Finished Area
3992
Building Area Total
3992
Living Area
3992
Enhanced Accessible
Yes
Year Built
1986
Parking Total
20
Lot Size Acres
0.31
Waterfront YN
No
Water Body Name
None
Basement YN
No
Stories
Yes
List Price/SqFt
249.25
Sold Price/SqFt
150.3
Below Grade Finished Area
0

Property Features

Accessibility Features: Accessible Entrance Basement: None Building Features: Delivery Door; Display Window(s); Prime Location Business Type: Commercial; Hardware; Professional Service; Restaurant; Retail Construction Materials: Brick; Metal Siding Cooling: Gas Current Use: Retail Exterior Features: Lighting Flooring: Concrete Heating: Natural Gas Levels: One Lot Features: Level; Paved Parking Features: Accessible Parking; Concrete; On Site; Parking Lot; Paved Possible Use: Commercial; Investment; Retail Road Frontage Type: City Street Road Surface Type: Paved Roof: Asphalt; Fiberglass; Metal Sewer: Public Sewer Structure Type: Retail Utilities: Natural Gas Connected; Sewer Connected; Water Connected Water Source: Public

Contract Information

Listing Contract Date
2025-06-03
Property Sub Type
Retail
Listing Service
Full Service
Environmental Survey YN
No

Location Tax and Legal

Street Number
541
Street Name
Main
Street Suffix
Street
County
Wayne
State
PA
Postal Code
18431
Subdivision Name
None

Remarks and Miscellaneous

Public Remarks
Seize a rare opportunity to own a high-exposure, high-performing commercial property and business in the heart of historic downtown Honesdale. Perfectly positioned along Main Street with unbeatable visibility, this well-maintained building offers 4,000 square feet of versatile space—ideal for retail, restaurant, showroom, office, or specialty use. Currently home to the successful R3 Hardware Company, this listing includes the business and real estate at this awesome location including all of the inventory, equipment, etc. The property is available to be sold without the existing business and inventory at a lower price just inquire for more info. This offers plenty of flexibility for investors or entrepreneurs looking to step into a thriving operation or launch something entirely new. Inside, you'll find a spacious and well-organized interior with modern finishes, efficient mechanicals, and ample storage. The exterior features an impressive storefront with prominent signage and, most notably, a flat, level parking lot with 20 dedicated spaces—an incredibly rare amenity in a downtown setting that adds immense value and convenience for customers and employees. This location offers unmatched exposure and accessibility. Surrounded by other thriving businesses, restaurants, and professional services in a walkable, vibrant commercial district, this property delivers strong foot traffic, excellent street presence, and outstanding long-term investment potential. Whether you're expanding your portfolio or establishing a flagship presence in one of Northeast Pennsylvania's most sought-after business corridors, this is a unique commercial real estate opportunity you won't want to miss.

Status Change Information

Major Change Timestamp
2025-08-11T17:43:59Z
Major Change Type
Status Change
Purchase Contract Date
2025-06-30
Close Date
2025-08-11
Close Price
600000
Buyer Financing
Conventional

More Information

Building Features

Retail SqFt
3920
Delivery Door
Yes
Display Window(s)
Yes
Prime Location
Yes

Road Frontage Type

Road Frontage Length
124
City Street
Yes

Location, Tax, and Legal

Municipality
Honesdale Borough
High School District
Wayne Highlands
County Tax Amount
1685.77
Municipal Tax Amount
3668.72
School Tax Amount
6110.02
Tax Annual Amount
11464.51
Tax Assessed Value
484000
Tax Legal Description
11-0-0007-0030
Parcel Number
11-0-0007-0030
Additional Parcels YN
Yes
Additional Parcels Description
11-0-0007-0028, 11-0-0007-0027
Zoning
Commercial
Zoning Description
Commercial
FEMA Zone
X
Tax Book Number
R-4439/10 and R-5826/1

Accessibility Features

Accessible Entrance
Yes

Basement

None
Yes

Construction Materials

Brick
Yes
Metal Siding
Yes

Cooling

Gas
Yes

Current Use

Retail
Yes

Exterior Features

Lighting
Yes

Flooring

Concrete
Yes

Heating

Natural Gas
Yes

Levels

One
Yes

Lot Features

Level
Yes
Paved
Yes

Parking Features

Accessible Parking
Yes
Concrete
Yes
On Site
Yes
Parking Lot
Yes
Paved
Yes

Road Surface Type

Paved
Yes

Roof

Asphalt
Yes
Fiberglass
Yes
Metal
Yes

Sewer

Public Sewer
Yes

Structure Type

Retail
Yes

Utilities

Natural Gas Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Water Source

Public
Yes

Business Type

Commercial
Yes
Hardware
Yes
Professional Service
Yes
Restaurant
Yes
Retail
Yes

Possible Use

Commercial
Yes
Investment
Yes
Retail
Yes
Listing Office: RE/MAX WAYNE
Last Updated: August - 11 - 2025
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