1055 Main Street, Honesdale, PA 18431
$349,900
Property Type:
Commercial Sale
Square Footage:
6,478
Status:
Closed
Current Price:
$349,900
List Date:
9/25/2020
Last Modified:
2/17/2026
Description
AWESOME 8 UNIT INCOME PRODUCING COMMERCIAL/MULTIFAMILY PROPERTIES ON MAIN STREET IN HONESDALE! This mixed-use property consists of 3 separately deeded adjoining parcels, which offer 1,000sqFt store front & 7 residential units. The 2 buildings offer a over 6,400sqFt & 2 levels. The Store Front unit includes ½ bath & 5 single bedroom apartments located above. There is one vacant apartment that need finishing touches to be rented. There are 2 additional single family apartments located in adjacent house. The downstairs unit offers 1 bedroom, 1 bath & the upstairs unit offers 2 bedroom, 1 bath. Multiple on-site parking spots available, great exposure on Main Street in the center of Honesdale! Excellent rental history with terrific tenant longevity, some over 30 years!
More Information MLS# 20-3844
Contract Information
Property Attached YN: No
Current Price: $349,900
Sold Price: $349,900
Status: Closed
Listing Contract Date: 2020-09-23
Location, Tax, and Legal
Street Additional Info: 106 11th St Honesdale
Municipality: Honesdale Borough
High School District: Wayne Highlands
Cnty&Muni Taxes (Legacy): 4341.61
School Tax Amount: 5762.5
Tax Annual Amount: 10104.11
Tax Assessed Value: 318300
Parcel Number: 11-0-0005-0044
Additional Parcels Description: 11-0-0005-0045, 11-0-0005-0043
Zoning Description: Commercial
Tax Book Number: D-0246/967
General Property Information
Number Of Buildings: 2
Number Of Units Total: 8
Building Area Total: 6478
SqFt. Above Grade (Legacy): 4412
SqFt. Below Grade (Legacy): 2066
Lot Size Acres: 0.08
Water Body Name: None
Stories: 2
Leasable Area: 6478
List Price/SqFt: 54.01
Sold Price/SqFt: 54.01
Living Area: 6478
Year Built: 1900
Remarks and Miscellaneous
Public Remarks: AWESOME 8 UNIT INCOME PRODUCING COMMERCIAL/MULTIFAMILY PROPERTIES ON MAIN STREET IN HONESDALE! This mixed-use property consists of 3 separately deeded adjoining parcels, which offer 1,000sqFt store front & 7 residential units. The 2 buildings offer a over 6,400sqFt & 2 levels. The Store Front unit includes ½ bath & 5 single bedroom apartments located above. There is one vacant apartment that need finishing touches to be rented. There are 2 additional single family apartments located in adjacent house. The downstairs unit offers 1 bedroom, 1 bath & the upstairs unit offers 2 bedroom, 1 bath. Multiple on-site parking spots available, great exposure on Main Street in the center of Honesdale! Excellent rental history with terrific tenant longevity, some over 30 years!
Current Use
Commercial: 1
Office: 1
Residential: 1
Heating
Natural Gas: 1
Listing Terms
Cash: 1
Conventional: 1
Lease Option: 1
VA Loan: 1
Lot Features
Corner Lot: 1
Near Public Transit: 1
Parking Features
On Site: 1
Possession
Negotiable: 1
Road Frontage Type
Road Frontage Length: 168
City Street: 1
Highway: 1
Road Surface Type
Paved: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Income and Expenses
Gross Income: 48720
Building Features
Included In Contract: Building Only
Number of Levels: 2
Business Type
Barber/Beauty: 1
Florist/Nursery: 1
Gift Shop: 1
Professional Service: 1
Rental: 1
Possible Use
Retail: 1
Location Tax and Legal
Street Number: 1055
Street Name: Main
Street Suffix: Street
County: Wayne
State: PA
Postal Code: 18431
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2021-11-12T17:14:02Z
Major Change Type: Status Change
Price Change Timestamp: 2021-02-04T22:02:46Z
Purchase Contract Date: 2021-06-15
Close Date: 2021-11-11
Close Price: 349900
Property Features
Business Type: Barber/Beauty; Florist/Nursery; Gift Shop; Professional Service; Rental
Current Use: Commercial; Office; Residential
Heating: Natural Gas
Listing Terms: Cash; Conventional; Lease Option; VA Loan
Lot Features: Corner Lot; Near Public Transit
Parking Features: On Site
Possession: Negotiable
Possible Use: Retail
Road Frontage Type: City Street; Highway
Road Surface Type: Paved
Sewer: Public Sewer
Water Source: Public
Listing Office:
RE/MAX WAYNE
Last Updated: February - 17 - 2026
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