1079 Texas Palmyra Hwy, Honesdale, PA 18431

$1,690,000
List Price
$1,690,000
MLS#
PM-84714
Acres
4.71
Township
Texas Township
Year Built
1983

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

Additional Information

School District
Wayne Highlands

Mortgage Calculator

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Calculator source: Real Geeks

Listing provided by Davis R. Chant Real Estate - Milford

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