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186 Grandview Avenue, Honesdale, PA 18431 (MLS# PM-67855)

186 Grandview Avenue, Honesdale, PA 18431

$570,000
Property Type: Commercial Sale Square Footage: 7,029 Lot Size (sq. ft.): 48,352 Status: Closed
Current Price: $570,000 List Date: 5/11/2019 Last Modified: 2/28/2025

Overview

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.

Listing Details MLS# PM-67855

General Property Information

Above Grade Finished Area
7029
Building Area Total
7029
Stories
Yes
Number Of Buildings
Yes
Leasable Area
7029
Year Built
1961
Year Built Source
Estimated
Business Name
Cordaros Restaurant
Lot Size Acres
1.11
Lot Size Dimensions
198x225x212x225
List Price/SqFt
84.65
Sold Price/SqFt
81.09
Below Grade Finished Area
0
SqFt. Below Grade (Legacy)
0

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

Contract Information

Property Sub Type
Business
Listing Contract Date
2019-04-19
Listing Service
Full Service
Lease Considered YN
No

Location Tax and Legal

County
Wayne
Street Number
186
Street Name
Grandview
Street Suffix
Avenue
City (Post Office)
Honesdale
State
PA
Postal Code
18431

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.

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

More Information

Building Features

Ceiling Height
9
Number of Levels
Yes
Flood Plain
No
Equipment Warranty
Yes
Fixtures Included
Yes
Other
Yes

Road Frontage Type

Road Frontage Length
198
Highway
Yes

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

Business Type

Fast Food
Yes
Food & Beverage
Yes
Restaurant
Yes
Convenience Store
Yes
Professional Service
Yes
Professional/Office
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Possession

Close Of Escrow
Yes

Current Use

Commercial
Yes

Possible Use

Medical/Dental
Yes

Construction Materials

Brick
Yes

Roof

Flat
Yes

Electric

3 Phase
Yes

Cooling

Central Air
Yes

Heating

Natural Gas
Yes

Water Source

Public
Yes

Sewer

Public Sewer
Yes

Exterior Features

Other
Yes

Parking Features

On Site
Yes

Road Surface Type

Paved
Yes
Asphalt
Yes

Road Responsibility

Public Maintained Road
Yes
Listing Office: Davis R. Chant Real Estate - Milford
IDX
Last Updated: February - 28 - 2025
Information deemed reliable but not guaranteed.