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Rusty Palmer Property Up for Sale

TEXAS TOWNSHIP — The owner of a massive power sports dealer is looking to downsize. Rusty Palmer rebuilt after a fire nearly a decade ago and now the huge...
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TEXAS TOWNSHIP -- The owner of a massive power sports dealer is looking to downsize.

Rusty Palmer rebuilt after a fire nearly a decade ago and now the huge facility is on the sale block for millions.

Driving on Route 6 near Honesdale and you can't miss the gigantic 3-story power sports dealer - Rusty Palmer's.

There's a restaurant inside too and for years, the business showed no visible signs of letting up.

But recently, like many small towns, the rumor mill had everyone wondering what the future holds for the family run business and its 60 or so employees.

"So don't listen to any rumors, rusty palmer's is in business and is going to stay in business,"said Melissa Palmer Peterson in a radio commercial this fall.

The owners put an ad on the airwaves and vowed to stay around for 20 more years.

"This is Rusty, we have machines in stock, we`re right into it, good as ever," said the ad aired on stations in the Honesdale area.

Then - came a real estate listing within the last couple of weeks for the entire property. More than 100,000 square feet and nearly 15 acres.

Asking price: about $8 million.

Amos Lemmerman just bought three ATVs for his grandchildren at Rusty Palmer's.

"I`m really surprised it`s for sale, hope they hang around," he said.

Palmer told Newswatch 16 off camera that sales are very, very, very busy. He even pointed to more than one dozen snowmobiles that are already sold and ready to go out.

However, things aren't how they used to be, according to Palmer. So he's looking to downsize in a new location.

Realtors said the property is a deal.

Still, some can't help but think when Rusty Palmer rebuilt after a fire in 2005, even going so far as to put a log cabin on top of the place, that it's too lavish for Wayne County.

"It`s massive, you know, hard to believe something like that in our area," said Sid Diehl of Honesdale. "That`s a lot of money for our area, it will be tough to find somebody to purchase it."

Local school districts even toyed with the idea of buying the property and turning it into a VO-Tech. But for whatever reason, one superintendent said they're no longer pursuing it and as of now no word of any other potential buyers.

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