$570,000
Honesdale, PA 18431
MLS# PM-67855
Status: Closed
7029 sqft
1 / 19
Property Description
Location! Location! Location! Here's your opportunity to own a well established restaurant in a fantastic location. Cordaros is ideally located between downtown Honesdale and Walmart. The operation has two dining rooms seating up to 138 guests, plus a 100 seat banquet room. There is plenty of off street parking on the 1.1 acre property with 198 feet of road frontage on US Route 6 with a traffic count of 16,000 vehicles per day. This property could also be repurposed for many other commercial uses that want a high visibility location.
Details
Maps
Contract Information
Listing Service: Full Service
Lease Considered YN: No
Property Sub Type: Business
Sold Price: $570,000
Current Price: $570,000
Status: Closed
Listing Contract Date: 2019-04-19
Location, Tax, and Legal
Parcel Number: 11-0-0016-0023
Municipality: Honesdale Borough
High School District: Wayne Highlands
Cnty&Muni Taxes (Legacy): 4287.6
School Tax Amount: 6952.62
Tax Annual Amount: 11240.22
Tax Assessed Value: 397000
Tax Book Number: D-0209/267
Zoning Description: Commercial
General Property Information
Above Grade Finished Area: 7029
Below Grade Finished Area: 0
Stories: 1
Number Of Buildings: 1
SqFt. Below Grade (Legacy): 0
Year Built Source: Estimated
Leasable Area: 7029
Business Name: Cordaros Restaurant
Lot Size Acres: 1.11
Lot Size Dimensions: 198x225x212x225
List Price/SqFt: 84.65
Sold Price/SqFt: 81.09
Building Area Total: 7029
Year Built: 1961
Remarks and Miscellaneous
Public Historical Remarks: Level: Grade, Location: FreeStnd, Exterior Amenities: Sign, Exterior Amenities: Bldg Extension Psbl, Ceiling: 0-9FT, Miscellaneous: Zoning Code Central Commecial, Current Use: Restaurant/Banquet
Public Remarks: Location! Location! Location! Here's your opportunity to own a well established restaurant in a fantastic location. Cordaros is ideally located between downtown Honesdale and Walmart. The operation has two dining rooms seating up to 138 guests, plus a 100 seat banquet room. There is plenty of off street parking on the 1.1 acre property with 198 feet of road frontage on US Route 6 with a traffic count of 16,000 vehicles per day. This property could also be repurposed for many other commercial uses that want a high visibility location.
Business Type
Fast Food: 1
Food & Beverage: 1
Restaurant: 1
Convenience Store: 1
Professional Service: 1
Professional/Office: 1
Listing Terms
Cash: 1
Conventional: 1
Possession
Close Of Escrow: 1
Current Use
Commercial: 1
Possible Use
Medical/Dental: 1
Building Features
Equipment Warranty: 1
Fixtures Included: 1
Ceiling Height: 9
Number of Levels: 1
Other: 1
Flood Plain: No
Construction Materials
Brick: 1
Roof
Flat: 1
Electric
3 Phase: 1
Cooling
Central Air: 1
Heating
Natural Gas: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Exterior Features
Other: 1
Parking Features
On Site: 1
Road Frontage Type
Road Frontage Length: 198
Highway: 1
Road Surface Type
Paved: 1
Asphalt: 1
Road Responsibility
Public Maintained Road: 1
Location Tax and Legal
County: Wayne
Street Number: 186
Street Name: Grandview
Street Suffix: Avenue
City (Post Office): Honesdale
State: PA
Postal Code: 18431
Status Change Information
Price Change Timestamp: 2020-06-12T17:09:05Z
Purchase Contract Date: 2022-04-13
Close Date: 2024-11-15
Close Price: 570000
Property Features
Listing Terms: Cash; Conventional
Possession: Close Of Escrow
Current Use: Commercial
Possible Use: Medical/Dental
Business Type: Fast Food; Food & Beverage; Restaurant; Convenience Store; Professional Service; Professional/Office
Building Features: Equipment Warranty; Fixtures Included; Other
Construction Materials: Brick
Roof: Flat
Electric: 3 Phase
Cooling: Central Air
Heating: Natural Gas
Water Source: Public
Sewer: Public Sewer
Exterior Features: Other
Parking Features: On Site
Road Frontage Type: Highway
Road Surface Type: Paved; Asphalt
Road Responsibility: Public Maintained Road
Listing Office: Davis R. Chant Real Estate - Milford
Last Updated: February - 28 - 2025
Information deemed reliable but not guaranteed.