949 Main Street, Honesdale, PA 18431

$390,000
Property Type: Commercial Sale Square Footage: 13,230 Status: Closed
Current Price: $390,000 List Date: 10/13/2020 Last Modified: 2/17/2026

Overview

Description

Income producer from the start. Great investment opportunity on Main Street in beautiful downtown Honesdale. 2 Storefronts and 6 apartments, all fully rented. Well cared for, has new roof and new furnaces. The current owner has one of the storefronts and wants to sign lease to keep his business in the same location. Perfect location, walk to park, shopping, hospital and restaurants., Ceiling: 0-9FT

Listing Details MLS# 20-4154

General Property Information

Number Of Buildings
Yes
Number Of Units Total
8
SqFt. Above Grade (Legacy)
8820
SqFt. Below Grade (Legacy)
4410
Building Area Total
13230
Living Area
13230
Lot Size Acres
0.11
Water Body Name
None
Basement YN
Yes
Stories
3
Leasable Area
8820
List Price/SqFt
30.23
Sold Price/SqFt
29.48

Property Features

Building Features: Other Business Type: Barber/Beauty; Florist/Nursery; Gift Shop; Professional Service; Professional/Office; Rental Construction Materials: Frame Current Use: Commercial; Other Electric: Phase 3 Heating: Natural Gas Levels: Three Or More Listing Terms: Cash; Conventional Possession: Negotiable Possible Use: Investment; Office; Residential; Retail Road Frontage Type: City Street; Highway Road Surface Type: Paved Roof: Flat; Other Sewer: Public Sewer Utilities: Natural Gas Available Water Source: Public

Contract Information

Listing Contract Date
2020-10-13

Location Tax and Legal

Street Number
949
Street Name
Main
Street Suffix
Street
County
Wayne
State
PA
Postal Code
18431
Subdivision Name
None

Remarks and Miscellaneous

Public Remarks
Income producer from the start. Great investment opportunity on Main Street in beautiful downtown Honesdale. 2 Storefronts and 6 apartments, all fully rented. Well cared for, has new roof and new furnaces. The current owner has one of the storefronts and wants to sign lease to keep his business in the same location. Perfect location, walk to park, shopping, hospital and restaurants., Ceiling: 0-9FT

Status Change Information

Major Change Timestamp
2021-03-05T20:35:57Z
Major Change Type
Status Change
Purchase Contract Date
2021-01-02
Close Date
2021-03-05
Close Price
390000

More Information

Building Features

Included In Contract
Building Only
Number of Levels
2
Other
Yes

Income and Expenses

Cap Rate
8.7
Gross Income
66528
Net Operating Income
36199

Road Frontage Type

Road Frontage Length
54
City Street
Yes
Highway
Yes

Location, Tax, and Legal

Street Additional Info
941-949 Main St. Honesdale PA
Municipality
Honesdale Borough
High School District
Wayne Highlands
Cnty&Muni Taxes (Legacy)
4670.34
School Tax Amount
6198.81
Tax Annual Amount
10869.15
Tax Assessed Value
342400
Parcel Number
11-0-0005-0030
Zoning Description
Commercial
Tax Book Number
R-1608/334

Construction Materials

Frame
Yes

Current Use

Commercial
Yes
Other
Yes

Electric

Phase 3
Yes

Heating

Natural Gas
Yes

Levels

Three Or More
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Possession

Negotiable
Yes

Road Surface Type

Paved
Yes

Roof

Flat
Yes
Other
Yes

Sewer

Public Sewer
Yes

Utilities

Natural Gas Available
Yes

Water Source

Public
Yes

Business Type

Barber/Beauty
Yes
Florist/Nursery
Yes
Gift Shop
Yes
Professional Service
Yes
Professional/Office
Yes
Rental
Yes

Possible Use

Investment
Yes
Office
Yes
Residential
Yes
Retail
Yes
Listing Office: Davis R. Chant - Lake Wallenpaupack
Last Updated: February - 17 - 2026
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