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Property profile & analytics

54 Chestnut St Lewistown, PA 17044-2201

  • Commercial real estate
  • 3,380 SF
  • 0.11 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US73-5091226
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 54 Chestnut St

Lot size
0.11 lot acres
Property size
3,380 SF
Property type
Commercial real estate
APN
03 ,04-0112--,000
APU
3040112000

Description

This well-maintained, single-story office building at 54 Chestnut Street in Lewistown, PA presents a fantastic opportunity for a variety of professional businesses. Built in 1970, the 2,711 square foot structure boasts a spacious layout ideal for a variety of uses. Previously occupied by an optometry practice, the building features a welcoming waiting area, a dedicated reception office, multiple private offices, several exam rooms (or adaptable spaces), ample storage, and convenient restrooms. The property sits on a level 0.23-acre lot providing paved parking for fourteen vehicles – a significant advantage in a downtown location. Its central location in downtown Lewistown offers excellent visibility and accessibility, being just half a block from the highly trafficked "5 points" intersection. The building's solid construction and functional design make it an attractive option for businesses seeking a move-in ready space with ample parking. The asking price of $175,000 represents a compelling value for this established commercial property in a desirable location. This is a rare opportunity to acquire a well-maintained, centrally located office building in Lewistown. The property is ready for immediate occupancy and offers significant potential for a variety of professional uses.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Lewistown
County
Mifflin
State
Pennsylvania
Longitude
-77.5696
Latitude
40.5996
CBSA code
30380
CBSA name
LEWISTOWN, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$5,829
$5,200
$81,000
$86,200
-
$10,400
$162,000
$172,400
More about this property
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