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Key Details
Sold Price $970,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PWB202461
Sold Date 06/24/22
Annual Tax Amount $29,648
Lot Size 1.880 Acres
Acres 1.88
Source pikewayne
Property Description
Great investment opportunity. Fully occupied strip plaza on 1.88 acres with long term leases. 7.8% 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., Ceiling: 0-9FT,10-12FT
Location
State PA
County Wayne
Zoning Commercial
Interior
Heating Electric, Natural Gas
Cooling Central Air
Exterior
Utilities Available Natural Gas Available
View Y/N No
Roof Type Other
Building
Story 1
Sewer Public Sewer
Level or Stories One
Structure Type Frame,Metal Siding
Schools
High Schools Wayne Highlands
Others
Acceptable Financing Cash, Lease Option, Conventional
Listing Terms Cash, Lease Option, Conventional
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Bought with Matthew J. Freda Real Estate, Inc.