540 542 Main Street Simpson, PA $ 114,900
540 542 Main Street
$ 114,900
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540 542 Main Street

Simpson, PA, 18407
$ 114,900
Baths0.0 Sq 1,750

Monthly Estimate*

$ 803

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Studio

Commercial Property for sale in Simpson, PA

for $114,900. This 1,750 square foot building was built in 1940 on a lot size of 0.15.

This unique establishment combines a family-run restaurant with the convenience of on-site living, Above the restaurant lies a hidden gem--a two-bedroom apartment that can serve as a retreat for staff members, a place to live, or additional income. The Commercial kitchen has organized workspaces, and is equipped with a 8-burner gas stove and commercial hood. There a garage on site used for storage and parking on the side of the building.This property had the roof replaced 8 years ago and the exterior stairs rebuilt. A brand-new tankless water heater was just recently installed., Tax Information: Available, Additional Info: Apartment needs work. The business hasn't been up and running for several years. No Income & expense reports available., Ceiling Height: 9' to 12'- Y, No Overhead Door: Y

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Commercial Active

Price

$ 114,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,764

Style

Lot Size

0.15

Year Built

1940

Town/City

Simpson

County/Region

Lackawanna

MLS | Web ID

234239

Features
General
Sewer Public Sewer
Heating Electric Space Heater Natural Gas
Cooling Window Unit(s)
Possession Negotiable
Roof Composition Wood Metal
Garage Spaces 2
Construction Materials Vinyl Siding
Exclusions No
Year Built 1940
Electric Circuit Breakers
Stories 2
Levels One and One Half
Tax Year 2024
Current Use Residential
Business Type Restaurant
Building Name N/A
County Lackawanna
Property Type Commercial Sale
Building Features Public Restrooms Window(s) Separate Utilities See Remarks
Status Active
Directions Main Street Carbondale to N171 towards Simpson Past Gentex go 2 blocks property on right.
City Simpson
Buyer Agent Compensation 3.00
High School District Carbondale Area
Zoning Description Commercial
Street Name 542 Main
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 1764.17
Additional Parcels Y/N N
Concessions No
Days on Market 94
Standard Status Active
Tax Assessed Value 8400
TaxOtherAnnualAssessmentAmount 0
Buyer Agent Compensation Type %
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Interior
Flooring Vinyl Wood
Basement (Y/N) N
Street Suffix Street
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Exterior
Parking Features Garage Unpaved Private
Lot Features Cleared Near General Business
Water Source Public
Total Parking 8
Building Area Total 1750
Lot Dimensions 61X102X63X100
Lot Size Acres 0.15
Road Surface Type Paved
Road Frontage Type State Road
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* Excluded Features
List By
Hibble Harris Real Estate, Inc

Broker

dharris@hibblerealty.com

Email

Affordability Calculator

$950
Per Month
85%
15%
0%
Monthly Principal & Interest
$803
Monthly Property Taxes
$147
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2391639 Elementary School
2391741 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/16/2024$114,900 -11.55% Price Down
9/30/2023$129,900 Listed Price

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540 542 Main Street, Simpson, PA, 18407 is a Commercial Property for sale at $114,900 with 1,750 sqft and a lot size of 0.15. 540 542 Main Street is a studio with 0.0 baths and was built in 1940. The property's zip code is 18407 which is in Simpson, PA