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    1079 Texas Palmyra Hwy

    Honesdale, PA 18431
    • $1,690,000
    • STATUS: Active
    • ON SITE: 128 days
    • MLS #: PM-84714
    UPDATED: 48 min ago
    $1,690,000
    • 0
      BEDS
    • 4.71
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 19,868
      SQFT
    • $85
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1983
    County:

    School Ratings & Info

    School District:

    Description

    Commercial investors or operators, this is the one you have been looking for. Strong tenants with an 9% cap rate which does not take into account a currently vacant 4,000 square foot prime space that you can use for your business or rent to increase cap rate. The property is 4.71 acres and has 3 buildings totaling approximately 19,868 square feet. Building #1 is 14,548 square feet of retail, Building #2 is 2,427 square feet of garage leased garage space and Building #3 is 2,893 square feet and leased for a car wash. 431 feet of frontage on busy US Route 6 near Walmart, Home Depot and Route 6 Plaza with a traffic count of over 16,000 vehicles per day. Separate utilities for each tenant. Public sewer. Great opportunity

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    Listings displayed are not necessarily the listings of the provider. The data relating to real estate for sale or lease on this web site comes in part from Pocono Mountains Association of REALTORS®. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Real Estate. Data last updated 2021-06-13T09:12:50.18.
    www.kellyrealtygroup.com/homes/113940556
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    1079 Texas Palmyra Hwy Honesdale, PA 18431

    • Price: $1,690,000
    • Status: Active
    • Updated: 48 min ago
    • MLS #: PM-84714
    0
    Beds
    0
    Baths
    0
    ½ Baths
    4.71
    Acres
    19,868
    SQFT
    $85
    $/SQFT
    1983
    Built
    Neighborhood:
    Z Not In A Development
    County:
    Wayne
    Area:
    Texas Township
    School District:
    Wayne Highlands
    Property Description
    Commercial investors or operators, this is the one you have been looking for. Strong tenants with an 9% cap rate which does not take into account a currently vacant 4,000 square foot prime space that you can use for your business or rent to increase cap rate. The property is 4.71 acres and has 3 buildings totaling approximately 19,868 square feet. Building #1 is 14,548 square feet of retail, Building #2 is 2,427 square feet of garage leased garage space and Building #3 is 2,893 square feet and leased for a car wash. 431 feet of frontage on busy US Route 6 near Walmart, Home Depot and Route 6 Plaza with a traffic count of over 16,000 vehicles per day. Separate utilities for each tenant. Public sewer. Great opportunity
    Exterior Features

    Construction FrameMetal Exterior Features Highway ExposureSign Level Single Location FreestndOther-See Remarks Parking On-Site Road PavedPublic Road Frontage 431 Road Surface Blk-Top Road Type Us-Hwy Roof Ridged Truck 1-7FT10-11FT12-14FT

    Interior Features

    Ceiling 10-12FT Cooling Cntrlac Doors 6-10Full Heating ElecGas Sq Ft Above Grade 19868.00 Sq Ft Below Grade 0.00

    Property Features

    Current Use CommercialConform Financing CashConventional Foreclosure No Includes Building(S) Possession Settlement Potential Use Business ServiceDistributorMedicalOffice/ProfessionalProfessional ServiceRecreationRetailShop-Center Rental Units 3.00 Sewer Public Transaction Type For Sale Utility Service 300-400A Water Well Zoning C-2 Highway Comm

    Listing information © 2021 Pocono Mountains Association of Realtors


    Listings displayed are not necessarily the listings of the provider. The data relating to real estate for sale or lease on this web site comes in part from Pocono Mountains Association of REALTORS®. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Real Estate. Data last updated 2021-06-13T09:12:50.18.
     
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    Keller Williams Real Estate
    637 Main Street, Suite 320
    Stroudsburg PA, 18360