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994 Market St 3,136 SF 100% Leased Retail Building Meadville, PA 16335 $483,191 CAD ($154.08 CAD/SF) 12.89% Cap Rate

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EXECUTIVE SUMMARY

This stunning, modern commercial property is a prime investment opportunity, offering both beauty and profitability. Featuring three fully occupied units, this building is turnkey and income-generating from day one. The two upscale apartments upstairs are modern, spacious, and beautifully designed, with high-end finishes and excellent tenants already in place. On the first floor, a thriving restaurant tenant provides steady rental income, and the property includes several commercial kitchen supplies, adding even more value. Located right on Market Street, this property offers fantastic visibility and accessibility. With great tenants, modern upgrades, and a prime location, this is a rare opportunity to invest in an exceptional commercial property. Don’t miss your chance to own this beautiful, high-performing asset! A liquor license is also available for purchase, contact the listing agent for more details!

PROPERTY FACTS

Sale Type

Investment

Property Type

Retail

Property Subtype

Storefront Retail/Residential

Building Size

3,136 SF

Building Class

Year Built/Renovated

1920/2021

Price

$483,191 CAD

Price Per SF

$154.08 CAD

Cap Rate

12.89%

NOI

$62,303 CAD

Percent Leased

100%

Tenancy

Multiple

Building Height

2 Stories

Building FAR

0.90

Lot Size

0.08 AC

Zoning

MU - zoning district is for low-impact, small-scale, neighborhood-serving retail and service uses in storefront buildings, along with residential uses.