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

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 $103,244 $31.43
Other Income - -
Vacancy Loss - -
Effective Gross Income $103,244 $31.43
Taxes $10,006 $3.05
Operating Expenses $21,509 $6.55
Total Expenses $31,515 $9.59
Net Operating Income $71,729 $21.84

Financial Summary (Pro Forma - 2026)

Gross Rental Income (CAD)
Annual $103,244
Annual Per SF $31.43
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $103,244
Annual Per SF $31.43
Taxes (CAD)
Annual $10,006
Annual Per SF $3.05
Operating Expenses (CAD)
Annual $21,509
Annual Per SF $6.55
Total Expenses (CAD)
Annual $31,515
Annual Per SF $9.59
Net Operating Income (CAD)
Annual $71,729
Annual Per SF $21.84

Property Facts

Price $1,249,579 CAD
Price Per Unit $312,395 CAD
Sale Type Investment
Cap Rate 5.74%
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Building Class B
Lot Size 0.04 AC
Building Size 3,285 SF
No. Stories 3
Year Built/Renovated 1900/2010
Zoning Downtown-Commercial - Downtown-Commercial - residential and commercial uses are permitted

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1.5 1 - -
1+1 3 - -
Moderately walkable
60/100
Exceptionally drivable
100/100
Exceptionally bikeable
90/100

Property Taxes

Property Taxes

Parcel Number
008-013-158.00000
Land Assessment
$3,717 CAD
Improvements Assessment
$250,528 CAD
Total Assessment
$254,245 CAD
Annual Taxes
$10,006 CAD ($3.05 CAD/SF)
Tax Year
2026
  • 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") }}