2040 Roosevelt Hwy Honesdale, PA 18431
This exceptional 2,675 square foot office building, situated on a 1.04-acre lot in Honesdale, PA, presents a unique investment opportunity. Located at 2040 Roosevelt Highway, the property boasts excellent visibility due to its road frontage on three hard-surfaced roads, ensuring high traffic exposure. Its convenient location offers easy access to the local hospital, downtown Honesdale, and all town amenities, making it an ideal location for a variety of businesses. The building itself is a charming historical structure, featuring 9-foot ceilings, beautiful natural woodwork, hardwood floors, and built-in features, creating a unique and inviting atmosphere. The spacious layout includes large rooms, and a walk-up attic offering an additional 4 bedrooms, providing ample space for expansion or versatile use. The property is zoned for commercial use, allowing for a wide range of possibilities. Ample parking is available, with potential for significant expansion. This property offers a blend of historical charm and modern convenience, making it a truly exceptional opportunity for a discerning buyer. The combination of its prime location, versatile space, and historical character makes this a rare find in the Honesdale market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.