Mixed-Use Office and
For Sale
$315,000
711 Church St, Honesdale, PA 18431
Well-maintained two-story office with a one-bedroom apartment and off-street parking for about six cars.
Property Size2,044 SF
Price / SF$154.11
Days on Market31
Property Features for 711 Church St
General Information
Standard status
Active
Size
2,044 SF
Total Parking Spaces
6
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Stories
2
Listing Agency:
Davis R. Chant - Honesdale
(570) 253-4191
Listed By:
Connie Petraitis · License #RS147120A
(570) 253-4191
Source:
Exprealty
Added: Jul 1
Changed: Jul 28
Last Checked: Jul 30 at 4:54PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Davis R. Chant - Honesdale
Investment Insights
Based on property information with market context.
This well-maintained two-story mixed-use property offers office space on the main floor and a spacious one-bedroom apartment on the second floor. The building totals approximately 2,044 square feet and includes efficient natural gas heat, central air, and separate electric services.
The property is located on Church Street with easy walking access for customers, supported by sidewalks. Public remarks also note it sits on a high-traffic highway.
Off-street parking is available for approximately six cars, making the setup convenient for tenants and visitors.
The property is located on Church Street with easy walking access for customers, supported by sidewalks. Public remarks also note it sits on a high-traffic highway.
Off-street parking is available for approximately six cars, making the setup convenient for tenants and visitors.
Key Highlights
- Well‑maintained 2‑story commercial building with 2,044 sq ft on Church Street in Honesdale
- Main floor office/retail space with a spacious one‑bedroom apartment on the second floor
- Efficient natural gas heat and central air, plus separate electric
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.9k | $21.00 |
| − Vacancy | −$4.8k | −$2.33 |
| EGI | $38.2k | $18.67 |
| − OpEx | −$9.5k | −$4.67 |
| NOI | $28.6k | $14.00 |
2,044 SF · lease $21.00/SF/yr · vacancy 11.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$408.9K
$357.8K – $477.0K
NOI $28,620 @ 7.0% cap · market cap 9.09%
Second Best
Mixed Use
$302.5K
$264.7K – $353.0K
NOI $21,178 @ 7.0% cap · market cap 6.72%
Theoretical Best
Office A
$498.4K
$436.1K – $581.5K
NOI $34,889 @ 7.0% cap · market cap 11.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
831
Businesses Nearby
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
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Live-work space - Well-maintained two-story office with a one-bedroom apartment and off-street parking for about six cars.
Where is this live-work space located?
The property is located at 711 Church St Honesdale, PA.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Well‑maintained 2‑story commercial building with 2,044 sq ft on Church Street in Honesdale; Main floor office/retail space with a spacious one‑bedroom apartment on the second floor; Efficient natural gas heat and central air, plus separate electric
