Prime Mixed-Use Investment Opportunity in the Heart of Downtown Lewisburg Located on one of downtown Lewisburg's most desirable retail blocks, just steps from Bucknell University, this exceptional mixed-use property offers immediate, reliable income with outstanding flexibility for investors and owner-occupants alike. Current residential lease provides guaranteed rental income through May 2028, while the commercial space offers the option of immediate occupancy or a seller leaseback at $1,800/month for 6–9 months, creating additional cash flow from day one. The upper-level Bucknell-approved 3-bedroom, 2-bath apartment is currently leased for $2,800/month through May 2027, increasing to $2,900/month through May 2028, providing stable, long-term rental income. The main-level commercial space is currently owner-occupied as a bar and private event venue. At closing, the seller offers the buyer two valuable options: take possession with the commercial space vacant for your own business or tenant, or have the seller lease the space back for 6–9 months at $1,800/month, allowing additional income while providing flexibility to transition the space on your timeline. The property also includes a detached garage with partially finished space above, offering flexibility for storage, office use, guest accommodations, or future expansion. In total, the property offers 4 bedrooms, 3 full bathrooms, and 2 half bathrooms. Free municipal parking is conveniently located directly behind the building, providing a valuable amenity for both commercial customers and residential tenants. Situated in the heart of downtown Lewisburg, this property enjoys exceptional visibility, strong pedestrian traffic, and easy access to Bucknell University, restaurants, shopping, entertainment, and the Susquehanna River. Whether you're an investor seeking dependable cash flow, an entrepreneur looking for a premier downtown location, or an owner-occupant who wants rental income to offset ownership costs, this property offers a rare combination of stable income, flexibility, and long-term appreciation potential. Income and expense information are available upon request. Property age and square footage are approximate. Buyer to verify. Owner financing available.
19 days
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762
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26
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Zillow last checked:
Listing updated:
Listed by:
Steven Bodner814-360-2924,
RE/MAX Centre Realty8142318200,
Listing Team: The Steven Bodner Team, Co-Listing Team: The Steven Bodner Team,Co-Listing Agent: Jennifer Roth814-571-0772,
RE/MAX Centre Realty
Source: Bright MLS,MLS#: PAUN2000850
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3
Rooms
Room types: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Bedroom 1, Full Bath, Half Bath
Bedroom 1
Level: Upper
Bedroom 2
Level: Upper
Bedroom 3
Level: Upper
Bedroom 4
Level: Upper
Dining room
Level: Main
Dining room
Level: Upper
Other
Level: Upper
Other
Level: Upper
Other
Level: Upper
Half bath
Level: Main
Kitchen
Level: Main
Kitchen
Level: Upper
Living room
Level: Upper
Heating
Baseboard, Electric, Oil
Cooling
Window Unit(s), Electric
Appliances
Included: Dryer, Freezer, Oven/Range - Electric, Refrigerator, Washer, Water Heater, Electric Water Heater
Source: Coldwell Banker Penn One Real Estate #10-44994Report a problem
8/22/2013
Listed for sale
$239,900$54/sqft
Source: Coldwell Banker Penn One Real Estate #10-44994Report a problem
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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