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The Art Factory 736 Texas Palmyra Hwy 8,750 SF Vacant Retail Building White Mills, PA 18473 $1,171,419 CAD ($133.88 CAD/SF)



Investment Highlights
- Commercial/Retail Open Space
- Potential for 4-6 Unit Apartment Building Buildout
Executive Summary
Outstanding commercial property with significant potential. It's an open palette for development, Members of the ART World! It's easy to see that you can maintain its current use as a stellar, successful art gallery for representing a myriad of artists, and hosting a community art education space. This property also includes your own spacious second-floor apartment, featuring maple wood flooring, extensive storage and a third demi-mezzanine level. It has a large backyard for enjoyment and more than enough parking. Natural living space and a solid built Build resonate everywhere. As you enter via the front porch, which is upgraded and ADA compliant, the first open plan 4000 sf floor through, your eye catches the nine-ft high ceiling, featuring chestnut wood beam work,--a work of art in itself--that forms the ceiling canopy atop this open space. It includes a long row of gorgeous stained-glass chandeliers that remain with the building. The first level, includes an open Art gallery space, plus a teaching studio. a business office, and features a well laid out half kitchen, one-and-a-half bath, and a sitting room. The utilities are housed in an easily accessible, dry demi-basement and there is an ADA exit with a ramp and a Braille exit sign. INVESTORS and DEVELOPERS: This property is epic and ready to go! Zoned for apartments, miscellaneous retail, and trade. You are set with sewer, and well! Zoning for apartments is confirmed with Texas Township Zoning Expert, Bill Watsen! Upstairs, an additional 4,000 sf on the owner apartment level, and more than half of the space is a separate space currently used for storage with the start of bedroom beams in place. With 11 ft ceilings, an open space, and a mezzanine area on top, this ensures the possibility of multiple apartments if redesigned! The Art Factory is nestled between beautiful shrubs and flowering bushes. A side drive brings you to the back of the 1.48 acres, which features a large lawn flanked by stone walls, 2 custom-built sheds, a firepit, and paths hugging the tree line, backing onto a mountain. You can meander through gorgeous boulders, all named.
There is Potential of 3-4 apartments, maybe more, with ample parking for 2 cars each. Owners have spared no upkeep care. This space is ready to be developed. Close to Honesdale, Hawley. A perfect location to develop this into a natural, relaxing, and appealing multifamily building. Space to live and breathe!
The History! This Unique building was a factory, and a meeting hall built in 1913. With a presence, ease to access and beautiful space and lawns for enjoying your apartments, your Art, your Guests! Solid, soundproof, warm in winter, and cool in summer. Electric and Gas heating.
Bring your Art, bring your Architects, or bring both! This unique gem could house a multiuse complex, an art business, Storage, Trade, and, of course, beautiful apartments!
There is Potential of 3-4 apartments, maybe more, with ample parking for 2 cars each. Owners have spared no upkeep care. This space is ready to be developed. Close to Honesdale, Hawley. A perfect location to develop this into a natural, relaxing, and appealing multifamily building. Space to live and breathe!
The History! This Unique building was a factory, and a meeting hall built in 1913. With a presence, ease to access and beautiful space and lawns for enjoying your apartments, your Art, your Guests! Solid, soundproof, warm in winter, and cool in summer. Electric and Gas heating.
Bring your Art, bring your Architects, or bring both! This unique gem could house a multiuse complex, an art business, Storage, Trade, and, of course, beautiful apartments!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
8,750 SF
Building Class
C
Year Built
1913
Price
$1,171,419 CAD
Price Per SF
$133.88 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.14
Lot Size
1.42 AC
Zoning
Zoned for multi-family - Zoned for multi-family
Parking
5 Spaces
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 029238 | Improvements Assessment | $262,811 CAD |
| Land Assessment | $52,645 CAD | Total Assessment | $315,456 CAD |
Property Taxes
Parcel Number
029238
Land Assessment
$52,645 CAD
Improvements Assessment
$262,811 CAD
Total Assessment
$315,456 CAD
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The Art Factory | 736 Texas Palmyra Hwy
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