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 Market123
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
Taxes and HOA fees
Annual Taxes
$5,409
Building Details
Stories
2
Listing Agency:
Davis R. Chant - Honesdale
Listed By:
Connie Petraitis · License #RS147120A
(570) 253-4191
Source:
Exprealty
Added: Jul 1
Changed: Oct 26
Last Checked: Oct 30 at 6:03PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$28,620
Cap Rate
9.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$572,400
$572.4K
Cap Rate 7%
$408,857
$408.9K
Cap Rate 9%
$318,000
$318.0K
Market Conditions
NOI Build-Up for 2,044 SF
Gross rent
$42.9K $21.00/SF
− Vacancy
−$4.8K −$2.33/SF
EGI
$38.2K $18.67/SF
− OpEx
−$9.5K −$4.67/SF
NOI
$28.6K $14.00/SF
Area
Wayne County, PA
Vacancy
11.10%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$572,400
Cap Rate 7%
$408,857
Cap Rate 9%
$318,000
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.
How Realmo checks its estimates
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
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
