Residences on Market 335 N Market St 46 Unit Apartment Building $8,833,500 CAD ($192,033 CAD/Unit) 7.65% Cap Rate Harrisburg, PA 17101

SCOPE Commercial Real Estate Services, LLC (“SCOPE”) is pleased to exclusively present for sale 335 Market Street, located in downtown Harrisburg, PA.
The subject property, currently known as Residences on Market, is a historic landmark property that was originally the Metropolitan Hotel in the 1900’s. The property was later redeveloped in the 1970’s under the Harristown Urban Renewal Plan, when the city aimed to revitalize its Central Business District by constructing new office, retail, and commercial spaces to accommodate a growing state government workforce.
In 2010/2011 this nine-story commercial building was fully renovated and converted into a forty-six (46) unit apartment complex. The unit mix consists of a variety of one (1) bedroom units, luxury, premium, and larger units, and currently accommodates one (1), two (2), and three (3) “bed” student rentals, primarily double occupancy units with a few triple-occupancy units.
After the 2011 apartment construction phase, as the property was at its completion, Harrisburg University requested that this property be listed as one of their exclusive student rental apartments for its growing student body, and in 2024-2025 the University consolidated units for exclusive use of the subject property. The property sits directly across the street from the Harrisburg University Academic Center.
Operated in association with Harrisburg University, the apartments are designed for urban living, with amenities like large closets, panoramic views of the Capitol and cityscape, and utilities (water, sewer, trash, and hot water) included in the rent. Its prime location—steps from restaurants, shops, the Whitaker Center, Strawberry Square, and public transit—positions it as a key residential hub in downtown Harrisburg.