994 MARKET ST Active Save Request In-Person Tour Request Virtual Tour
Meadville,PA 16335
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,136 sqft
Price per Sqft $111
MLS Listing ID 183597
Style Two Story
Bedrooms 2
Year Built 1900
Annual Tax Amount $3,892
Tax Year 2024
Property Sub-Type Multi Family
Property Description
This exceptional commercial property offers the perfect blend of style, stability, and strong returns. Fully leased and cash-flowing from day one, it features three high-performing units—including a thriving first floor restaurant and two renovated upscale apartments above. The residential units boast modern layouts, premium finishes, and quality tenants. The restaurant space is equipped and includes select commercial kitchen equipment, delivering added value. Situated on high-visibility Market Street in downtown Meadville, this location ensures steady foot traffic and accessibility. Best of all, the property delivers an outstanding cap rate of nearly 12%, making it a rare and lucrative opportunity for any investor. A liquor license is also available—contact the listing agent for details. Opportunities like this don't come around often. Whether you're expanding your portfolio or securing your first commercial investment, this turnkey asset checks all the boxes.
Location
State PA
County Crawford
Area 19 - Meadville City
Interior
Heating Forced Air,Gas
Cooling Window Unit(s)
Exterior
Roof Type Rubber
Building
Sewer Public Sewer
Water Public
Schools
School District Crawford Central