1095 Texas Palmyra Hwy, Honesdale, PA 18431 | 20-2461 | Berkshire Hathaway HomeServices Pocono Real Estate

1095 Texas Palmyra Hwy $1,280,000

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    1095 Texas Palmyra Hwy Honesdale, PA 18431

    • 15,000 sq. ft.
    • 1.88 Acres
    • Commercial
    • MLS# 20-2461
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    Views: 44 Days On Site: 46

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    Property Details

    Great investment opportunity. Fully occupied strip plaza on 1.88 acres. 8% CAP at listing price. Being sold below appraised value. Recent bank appraisal came in at $1,475,000. Located on busy US Route 6 east of Honesdale. PennDOT Traffic Count over 16,000 vehicles per day. Building is in excellent condition. Public sewer, natural gas, well water on site. 80 paved parking spaces. Great signage. Approved PennDOT HOP. Property consists of 2 parcels Tax ID #27-0-0019-0008 and #27-0-0019-0009. Taxes shown are for both parcels. See Brochure in Documents for additional information and financials.

    • General Features
      • County Wayne
      • Level Single
      • Acres 1.88
    • Building Features
      • Cool CntrlAC
      • Ceiling 0-9FT
      • Construction Frame, Metal
      • Heat Elec, Gas
      • Roof Ridged
      • Stories 1.0
      • Total Sq Ft 15,000
    • Property Features
      • Existing Use Commercial, Other-See Remarks
      • Exterior Amenities Highway Exposure, Sign
      • Location FreeStnd
      • Lake or Waterway None
      • Water Well
      • Road Surface Blk-top
      • Sewer Public
      • Road Paved, Public
      • Potential Use Medical Services, Office, Professional Service, Restaurant, Retail, School Care, Shop-center
      • Parking On-site
      • Miscellaneous Current Use Shopping Plaza
    • Schools
      • School District Wayne Highlands

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    Neighborhood

    18431 (Honesdale) Demographics

    45 Median Age
    89 Population Density (per sq. mile)
    30% College Educated
    $41,449 Estimated Median Income
    3,442 Estimated Total Home Owners
    1,445 Estimated Total Renters
    70% / 30% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    11,968 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $265,650 Median Sales Price
    8 Homes Sold
    8 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,280,000
        3/6/2021 11:34:00 AM New in Database Source New Value: $1,280,000

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        The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of the Pike/Wayne Association of REALTORS®.

        Information is being provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. No reproduction, distribution, or transmission of the information at this site is permitted without written permission from Berkshire Hathaway HomeServices Pocono Real Estate.

        Data last updated: 4/20/2021 10:34:40 PM


        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.