233 Market St - Apartments FOR SALE


Lewisburg, PA 17837
$915,000 USD
570-524-7500
233 Market St, Lewisburg, PA for Sale
$915,000 USD
Apartments - FOR SALE
1/10
null | 5.74% Cap Rate

233 Market St
Lewisburg, PA 17837


HIGHLIGHTS

  • Prime Downtown Location for Retail, Restaurant or Office
  • Heavy foot traffic and drive-by traffic (13,000 vehicles per day)

OVERVIEW

Prime Downtown Lewisburg Location. This property is well-suited for commercial use on the ground level, and it has 4 residential units upstairs. It's perfect for the investor or the owner-occupant who wants to operate a business and collect steady rental income from the apartments. The building enjoys excellent foot and drive-by traffic. The 1st floor is set up as a restaurant but could be returned to retail or office use. All commercial kitchen equipment, walk-in cooler and furnishings are included. The 2nd floor has a 2 bedroom, 1.5 bathroom apartment currently used as a short-term rental in high demand. All furnishings for the short-term rental are also included. The 3rd floor has three 1 bedroom, 1 bathroom apartments. Priced at $915,000.

FOR SALE DETAILS

PRICE

$915,000 USD

PRICE/SF

$279 USD /SF

# OF UNITS

4

PRICE/UNIT

$228,750

CAP RATE

5.74%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

Downtown-Commercial

APN/PARCEL ID

008-013-158.00000

ASK ABOUT THIS PROPERTY

Brett BarrickColdwell Banker Penn One Real EstateMore Info
570-524-7500

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Brett BarrickColdwell Banker Penn One Real EstateMore Info
570-524-7500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.