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Two-Story Mixed-Use Property
For Sale
$315,000

711 Church Street, Honesdale, PA 18431

Commercial Sale, Honesdale, PA

Property Size2,044 SF
Lot Size0.12 Acres
Price / SF$154.11
Days on Market102

Property Features for 711 Church Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Zoning description Commercial
Rooms Basement
Parking 6
Parking features Parking Lot
Exterior features Private Entrance
Basement Daylight, Unfinished, Full
Lot features City Lot, Corner Lot, Near Central Business District, Level
Elementary school district Wayne Highlands
Middle school district Wayne Highlands
High school district Wayne Highlands
Directions Rt 6 W from Honesdale office, make right onto Church st., on your right corner of Church and 8th st.
Standard status Active
APN 11-0-0010-0043
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 5410

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Natural Gas, Baseboard, Hot Water(Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 1900
Floors in Building 2
Number of units 2
Flooring type Laminate
Building materials Vinyl Siding
Roof type Composition
Listing Agency: Davis R. Chant - Honesdale
Listed By: Connie Petraitis · License #RS147120A
Added: Jun 30 Changed: Oct 8 Last Checked: Oct 9 at 1:06PM
MLS# PW-262162

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.

This two-story mixed-use property at 711 Church Street contains 2,044 square feet, with business space on the first floor and a one-bedroom apartment above. The building dates to 1900 and sits on a 0.12-acre lot. Commercial zoning is reported. Building features include natural gas heat, central air, and separate electric service.

The property has off-street parking for approximately 6 cars and sidewalks along the street. Public water and sewer serve the site.

Key Highlights

  • 2,044‑square‑foot, two‑story building with commercial space and a one‑bedroom apartment
  • 0.12‑acre lot with Commercial zoning
  • Off‑street parking for approximately 6 cars

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,518
Cap Rate
7.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$490,360 $490.4K
Cap Rate 7%
$350,257 $350.3K
Cap Rate 9%
$272,422 $272.4K
Market Conditions
NOI Build-Up for 2,044 SF
Gross rent
$36.8K $18.00/SF
− Vacancy
−$1.8K −$0.86/SF
EGI
$35.0K $17.14/SF
− OpEx
−$10.5K −$5.14/SF
NOI
$24.5K $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%
$490,360
Cap Rate 7%
$350,257
Cap Rate 9%
$272,422

Alternative Uses

Best Use
Retail
$350.3K
$306.5K – $408.6K (±1% cap)
NOI $24,518 @ 7.0% cap · market cap 7.78%
Second Best
Mixed Use
$302.5K
$264.7K – $353.0K (±1% cap)
NOI $21,178 @ 7.0% cap · market cap 6.72%
Theoretical Best
Office A
$498.4K
$436.1K – $581.5K (±1% cap)
NOI $34,889 @ 7.0% cap · market cap 11.08%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Frantz Bryan J ... Dental Office Wadsworth Gary G ... Dental Office

Suggested Use

Top Pick HVAC Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Electrical Service Pet Grooming Service Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

831
Businesses Nearby

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
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - A street-level business area is paired with a one-bedroom apartment upstairs.
Where is this mixed-use property located?
The property is located at 711 Church Street 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: 2,044‑square‑foot, two‑story building with commercial space and a one‑bedroom apartment; 0.12‑acre lot with Commercial zoning; Off‑street parking for approximately 6 cars
More about this property
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