622 Main Street, Honesdale, PA 18431 (MLS# 22-4116)

622 Main Street, Honesdale, PA 18431

$962,500

Property Type: Commercial Sale Square Footage: 21,600 Status: Closed

Current Price: $962,500 List Date: 11/18/2022 Last Modified: 9/11/2024

Overview

Description

The Historic Landmark Murray Building in the Heart of Main Street, Honesdale, PA! This is your chance to step back in time and own one of the nicest historic buildings that Honesdale and Northeastern Pennsylvania has to offer! Constructed in the late 1800's this building was the home of Murray Company for over 100 years! Known for it's original historic gurney elevator and for being the only 4 story building in Honesdale. The current owners have improved the entire building internally and externally over their 15 year ownership with major investments throughout. The first floor consists of retail and a restaurant and the second, third and fourth floors are professional offices which can be accessed via a newer elevator. Fully occupied, amazing meticulously maintained landmark building!, Ceiling: 0-9FT,10-12FT

Listing Details MLS# 22-4116

General Property Information

Number Of Buildings: Yes
Number Of Units Total: 12
SqFt. Above Grade (Legacy): 16800
SqFt. Below Grade (Legacy): 4800
Building Area Total: 21600
Living Area: 21600
Enhanced Accessible: Yes
Year Built: 1870
Lot Size Acres: 0.11
Lot Size Dimensions: 80x60
Water Body Name: None
Basement YN: Yes
Stories: 4
Leasable Area: 16800
List Price/SqFt: 46.3
Sold Price/SqFt: 44.56

Property Features

Building Features: Elevator; Sprinkler System Business Type: Barber/Beauty; Gift Shop; Professional Service; Professional/Office; Rental; Restaurant Construction Materials: Frame; Masonite Cooling: Central Air Current Use: Commercial; Office Electric: 200+ Amp Service Flooring: Carpet; Concrete Heating: Natural Gas Levels: One; Three Or More Listing Terms: Cash; Conventional; Lease Back Possession: Negotiable Possible Use: Office; Retail Road Frontage Type: City Street; Highway Road Surface Type: Paved Roof: Flat Sewer: Public Sewer Water Source: Public

Contract Information

Listing Contract Date: 2022-11-18

Location Tax and Legal

Street Number: 622
Street Name: Main
Street Suffix: Street
County: Wayne
State: PA
Postal Code: 18431
Subdivision Name: None

Remarks and Miscellaneous

Public Remarks: The Historic Landmark Murray Building in the Heart of Main Street, Honesdale, PA! This is your chance to step back in time and own one of the nicest historic buildings that Honesdale and Northeastern Pennsylvania has to offer! Constructed in the late 1800's this building was the home of Murray Company for over 100 years! Known for it's original historic gurney elevator and for being the only 4 story building in Honesdale. The current owners have improved the entire building internally and externally over their 15 year ownership with major investments throughout. The first floor consists of retail and a restaurant and the second, third and fourth floors are professional offices which can be accessed via a newer elevator. Fully occupied, amazing meticulously maintained landmark building!, Ceiling: 0-9FT,10-12FT

Status Change Information

Major Change Timestamp: 2023-05-26T18:24:19Z
Major Change Type: Status Change
Purchase Contract Date: 2023-03-27
Close Date: 2023-05-26
Close Price: 962500

More Information

Building Features

Included In Contract: Building Only
Number of Levels: 4
Office SqFt: 16800
Elevator: Yes
Sprinkler System: Yes

Income and Expenses

Gross Income: 149000
Net Operating Income: 97000

Road Frontage Type

Road Frontage Length: 80
City Street: Yes
Highway: Yes

Location, Tax, and Legal

Street Additional Info: 622 Main Street
Municipality: Honesdale Borough
High School District: Wayne Highlands
Cnty&Muni Taxes (Legacy): 5991.99
School Tax Amount: 7815.5
Tax Annual Amount: 13807.49
Tax Assessed Value: 431700
Parcel Number: 11-0-0006-0004
Zoning Description: Commercial
Tax Book Number: R-3475/59

Construction Materials

Frame: Yes
Masonite: Yes

Cooling

Central Air: Yes

Current Use

Commercial: Yes
Office: Yes

Electric

200+ Amp Service: Yes

Flooring

Carpet: Yes
Concrete: Yes

Heating

Natural Gas: Yes

Levels

One: Yes
Three Or More: Yes

Listing Terms

Cash: Yes
Conventional: Yes
Lease Back: 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
Gift Shop: Yes
Professional Service: Yes
Professional/Office: Yes
Rental: Yes
Restaurant: Yes

Possible Use

Office: Yes
Retail: Yes

Listing Office: RE/MAX WAYNE

Last Updated: September - 11 - 2024

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