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
Overview
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!
Listing Details MLS# 20-3844
General Property Information
- Number Of Buildings
- 2
- Number Of Units Total
- 8
- SqFt. Above Grade (Legacy)
- 4412
- SqFt. Below Grade (Legacy)
- 2066
- Building Area Total
- 6478
- Living Area
- 6478
- Year Built
- 1900
- Lot Size Acres
- 0.08
- Water Body Name
- None
- Stories
- 2
- Leasable Area
- 6478
- List Price/SqFt
- 54.01
- Sold Price/SqFt
- 54.01
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
Contract Information
- Listing Contract Date
- 2020-09-23
- Property Attached YN
- No
Location Tax and Legal
- Street Number
- 1055
- Street Name
- Main
- Street Suffix
- Street
- County
- Wayne
- State
- PA
- Postal Code
- 18431
- Subdivision Name
- None
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!
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
More Information
Building Features
- Included In Contract
- Building Only
- Number of Levels
- 2
Income and Expenses
- Gross Income
- 48720
Road Frontage Type
- Road Frontage Length
- 168
- City Street
- Yes
- Highway
- Yes
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
Current Use
- Commercial
- Yes
- Office
- Yes
- Residential
- Yes
Heating
- Natural Gas
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
- Lease Option
- Yes
- VA Loan
- Yes
Lot Features
- Corner Lot
- Yes
- Near Public Transit
- Yes
Parking Features
- On Site
- Yes
Possession
- Negotiable
- Yes
Road Surface Type
- Paved
- Yes
Sewer
- Public Sewer
- Yes
Water Source
- Public
- Yes
Business Type
- Barber/Beauty
- Yes
- Florist/Nursery
- Yes
- Gift Shop
- Yes
- Professional Service
- Yes
- Rental
- Yes
Possible Use
- Retail
- Yes
Listing Office:
RE/MAX WAYNE
Last Updated: February - 17 - 2026
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