Share This Listing

Message

965 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

233 Market St 3,285 SF 40% Leased Retail Building Lewisburg, PA 17837 $1,248,435 CAD ($380.04 CAD/SF) 5.74% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

Investment Highlights

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

Executive Summary

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.

Financial Summary (Pro Forma - 2026)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $103,149 $31.40
Other Income - -
Vacancy Loss - -
Effective Gross Income $103,149 $31.40
Taxes $9,997 $3.04
Operating Expenses $21,489 $6.54
Total Expenses $31,486 $9.58
Net Operating Income $71,663 $21.82

Financial Summary (Pro Forma - 2026)

Gross Rental Income (CAD)
Annual $103,149
Annual Per SF $31.40
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $103,149
Annual Per SF $31.40
Taxes (CAD)
Annual $9,997
Annual Per SF $3.04
Operating Expenses (CAD)
Annual $21,489
Annual Per SF $6.54
Total Expenses (CAD)
Annual $31,486
Annual Per SF $9.58
Net Operating Income (CAD)
Annual $71,663
Annual Per SF $21.82

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
3,285 SF
Year Built/Renovated
1900/2010
Price
$1,248,435 CAD
Price Per SF
$380.04 CAD
Cap Rate
5.74%
NOI
$71,632 CAD
Percent Leased
40%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.89
Lot Size
0.04 AC
Zoning
Downtown-Commercial - Downtown-Commercial - residential and commercial uses are permitted
Frontage
25’ on Market Street
Walk Score®
Very Walkable (81)
Bike Score®
Very Bikeable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Santander
Northwest Bank
CrossFit
Starbucks
Giant
First Commonwealth Bank
Weis Markets
  • Listing ID: 39683421

  • Date on Market: 2026-03-05

  • Last Updated:

  • Address: 233 Market St, Lewisburg, PA 17837

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}