Heated Flex Space with Storage
For Sale
$369,000
126 Grandview Avenue, Honesdale, PA 18431
Commercial Sale, Honesdale, PA
Property Size2,400 SF
Lot Size0.30 Acres
Price / SF$153.75
Days on Market169
Property Features for 126 Grandview Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Zoning description
Commercial
Parking
15
Parking features
Garage, Open
Lot features
City Lot, Near Central Business District, Close to Shopping, Cleared
Elementary school district
Wayne Highlands
Middle school district
Wayne Highlands
High school district
Wayne Highlands
Directions
Rt 6 East on right across from B& B Dodge garage.
Standard status
Active
APN
11-0-0014-0014
Lot size
0.30 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
4141
Utilities
Heating system
Forced Air, Natural Gas
Building Details
Year built
1980
Floors in Building
1
Flooring type
Concrete
Building materials
Concrete, Metal Siding
Roof type
Asbestos Shingle, Composition, Metal
Listing Agency:
Davis R. Chant - Honesdale
(570) 253-4191
Listed By:
Connie Petraitis · License #RS147120A
(800) 278-3424
Added: Apr 24
Changed: Oct 8
Last Checked: Oct 9 at 1:06PM
MLS# PW-261079
Copyright © 2026 Pike/Wayne Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The flex property includes 2,400 square feet of heated open space and a separate 700-square-foot, two-car garage used for storage. Concrete flooring and forced-air natural gas heat serve the main area. The 0.3-acre parcel has central water, sewer, and natural gas. The roof, windows, and electrical system have been updated.
Route 6 is identified with a traffic count of 18,000 vehicles per day. The property is in Honesdale, Wayne County, and was built in 1980.
Route 6 is identified with a traffic count of 18,000 vehicles per day. The property is in Honesdale, Wayne County, and was built in 1980.
Key Highlights
- 2,400 SF of heated open space
- Detached 700‑square‑foot garage with two‑car capacity
- 0.3‑acre parcel with central water, sewer, and natural gas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,788
Cap Rate
7.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$575,760
$575.8K
Cap Rate 7%
$411,257
$411.3K
Cap Rate 9%
$319,867
$319.9K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$43.2K $18.00/SF
− Vacancy
−$2.1K −$0.86/SF
EGI
$41.1K $17.14/SF
− OpEx
−$12.3K −$5.14/SF
NOI
$28.8K $12.00/SF
Area
Wayne County, PA
Vacancy
4.80%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$575,760
Cap Rate 7%
$411,257
Cap Rate 9%
$319,867
Alternative Uses
Best Use
Retail
$411.3K
$359.9K – $479.8K
NOI $28,788 @ 7.0% cap · market cap 7.80%
Second Best
Warehouse
$240.3K
$210.3K – $280.4K
NOI $16,822 @ 7.0% cap · market cap 4.56%
Theoretical Best
Office A
$585.2K
$512.1K – $682.8K
NOI $40,965 @ 7.0% cap · market cap 11.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
18,000 VPD
Traffic count
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
254
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 18431, PA
12,602
Population
6,217
Households
2
Avg Household Size
47
Median Age
24%
College-Educated
90%
High-School Grad
134.8 sq mi
ZIP Area
93
Density / Sq Mi
$55,323
Median Household Income
$33,298
Median Earnings
$1,013
Median Rent
$222,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Flex space - Open heated space is complemented by a detached garage for storage.
Where is this flex space located?
The property is located at 126 Grandview Avenue Honesdale, PA.
What is the asking price?
The asking price for this property is $369,000.
What are key features of this property?
This property features: 2,400 SF of heated open space; Detached 700‑square‑foot garage with two‑car capacity; 0.3‑acre parcel with central water, sewer, and natural gas
