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Mixed-Use Building with Apartments
For Sale
$224,900
Pending

307 & 311 WALNUT Street, Meadville, PA 16335

ResidentialIncome, Meadville, PA

Property Size5,092 SF
Lot Size0.17 Acres
Days on Market515

Property Features for 307 & 311 WALNUT Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 7
Full bathrooms 7
Rooms Bathroom 2, Bedroom 6, Bedroom 5, Bathroom 5, Bathroom 3, Bedroom 1, Bedroom 4, Bathroom 7, Bedroom 7, Bedroom 2, Bathroom 1, Bathroom 6, Bathroom 4, Bedroom 3
Lot features Irregular Lot, Mineral Rights, Stream Creek, Sloped, Waterfront
Elementary school district Crawford Central
Middle school district Crawford Central
High school district Crawford Central
Directions From CCCH: Diamond and head west on W. Center St, R on N Cottage St, R on Walnut St, Property will be on the left.
Subdivision 19 - Meadville City
Standard status Pending
APN 3300-014-H-6
Size 5,092 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6644
Expense value 10000
Expense SecurityDeposit
Expense freq. One Time

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air
Water source Public
Water front features Waterfront
Water front 1

Building Details

Floors in Building 2
Number of units 5
Building materials Mixed
Roof type Composition, Metal
Architectural style Other
Listing Agency: ERA Richmond Real Estate Service · ERA Real Estate
Listed By: Leslie Berger · License #AB065866
Added: Apr 7, 2025 Changed: Aug 30 Last Checked: Sep 3 at 6:06AM
MLS# 182279

Copyright © 2026 Greater Erie Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 5,092-square-foot mixed-use property includes a law office occupying the first floor and four apartments above. The residential component consists of one three-bedroom unit, one two-bedroom unit, one one-bedroom unit, and one studio apartment. The two-bedroom unit was rebuilt after a fire in approximately 2008, while the three-bedroom apartment received a full remodel in 2017. A new metal roof complements mixed construction, natural-gas forced-air heat, central air, public water, and public sewer.

Located at 307 & 311 Walnut Street in Meadville, the property occupies 0.17 acres with a view toward the courthouse and a position directly west of the Meadville Library parking lot. Mill Run borders the rear lot. The property is zoned MU-3 and includes approximately 2,546 Sqft. of first-floor office space.

Key Highlights

  • 5,092 square feet on a 0.17‑acre lot
  • First‑floor law office occupies approximately 2546 Sqft.
  • Four apartments: 3‑bedroom, 2‑bedroom, 1‑bedroom, and 1‑bedroom studio

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Furniture & Home Goods (Bike/Boat/Book/etc) Store Veterinary Clinic Catering Service HVAC Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units
4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,525
Businesses Nearby

Demographics for 16335, PA

27,452
Population
12,547
Households
2.2
Avg Household Size
43
Median Age
26%
College-Educated
94%
High-School Grad
114.5 sq mi
ZIP Area
240
Density / Sq Mi
$58,531
Median Household Income
$32,692
Median Earnings
$892
Median Rent
$149,500
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-story property combines an established law office with four apartments and public utilities.
Where is this mixed-use property located?
The property is located at 307 & 311 WALNUT Street Meadville, PA.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: 5,092 square feet on a 0.17‑acre lot; First‑floor law office occupies approximately 2546 Sqft.; Four apartments: 3‑bedroom, 2‑bedroom, 1‑bedroom, and 1‑bedroom studio
More about this property
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