This exceptional commercial property offers the perfect blend of style, stability, and strong returns. Fully leased and cash-flowing from day one, it features three high-performing units—including a thriving first floor restaurant and two renovated upscale apartments above. The residential units boast modern layouts, premium finishes, and quality tenants. The restaurant space is equipped and includes select commercial kitchen equipment, delivering added value. Situated on high-visibility Market Street in downtown Meadville, this location ensures steady foot traffic and accessibility. Best of all, the property delivers an outstanding cap rate making it a rare and lucrative opportunity for any investor. A liquor license is also available contact the listing agent for details. Opportunities like this don’t come around often. Whether you're expanding your portfolio or securing your first commercial investment, this turnkey asset checks all the boxes. Square footage for units is estimated.
For sale
Price cut: $500 (9/11)
$298,500
994 Market St, Meadville, PA 16335
2beds
4baths
3,136sqft
Multi Family
Built in 1900
-- sqft lot
$274,000 Zestimate®
$95/sqft
$-- HOA
What's special
Premium finishesRenovated upscale apartmentsSelect commercial kitchen equipmentModern layouts
- 159 days
- 92
- 5
Zillow last checked:
Listing updated:
Listed by:
Donald Buchanan (814)333-1141,
RE/MAX Hometown Realty 814-333-1141
Source: GEMLS,MLS#: 191258Originating MLS: Greater Erie Board Of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 4
Heating
- Forced Air, Gas
Cooling
- Window Unit(s)
Interior area
- Total structure area: 3,136
- Total interior livable area: 3,136 sqft
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,417 Square Feet
- Dimensions: 67 x 51 x 67 x 51
Details
- Parcel number: 3600021E3
- Zoning description: MU
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Multi Family
Materials
- Brick
- Roof: Rubber
Condition
- Resale
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Meadville
Financial & listing details
- Price per square foot: $95/sqft
- Tax assessed value: $37,100
- Annual tax amount: $3,892
- Date on market: 6/2/2026
- Cumulative days on market: 160 days
- Road surface type: Paved
Estimated market value
$274,000
$260,000 - $288,000
$1,337/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/11/2026 | Price change | $298,500-0.2%$95/sqft |
Source: GEMLS #191258 Report a problem | ||
| 6/2/2026 | Listed for sale | $299,000$95/sqft |
Source: GEMLS #191258 Report a problem | ||
| 5/17/2026 | Listing removed | $299,000$95/sqft |
Source: GEMLS #183597 Report a problem | ||
| 4/29/2026 | Price change | $299,000-14.3%$95/sqft |
Source: GEMLS #183597 Report a problem | ||
| 4/29/2026 | Listed for sale | $349,000$111/sqft |
Source: GEMLS #183597 Report a problem | ||
| 3/9/2026 | Pending sale | $349,000$111/sqft |
Source: GEMLS #183597 Report a problem | ||
| 10/6/2025 | Price change | $349,000-6.9%$111/sqft |
Source: GEMLS #183597 Report a problem | ||
| 5/1/2025 | Listed for sale | $375,000$120/sqft |
Source: GEMLS #183597 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 16335
Nearby schools
Schools provided by the listing agent
- District: Crawford Central
Source: GEMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.



