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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
C
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.

AMENITIES

  • Tenant Controlled HVAC
  • Air Conditioning
  • Smoke Detector
Walk Score®
Very Walkable (86)
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

Citizens Bank Llc
PNC Bank
Northwest Bank
The YMCA
CrossFit
Tim Hortons
Tops Friendly Markets
Sunbelt Rentals
Snap Fitness 24/7

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
36-0-023236
Land Assessment
$9,514 CAD
Improvements Assessment
$42,778 CAD
Total Assessment
$52,292 CAD
  • Listing ID: 35157543

  • Date on Market: 2025-03-16

  • Last Updated:

  • Address: 994 Market St, Meadville, PA 16335

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