215 Arch St, Meadville, PA 16335
For Sale
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This exceptional commercial property, located at 215-217 Arch Street in the heart of Meadville, Pennsylvania, presents a unique investment opportunity. The building boasts a substantial 11,088 square feet of space situated on a 0.12-acre lot measuring 56 feet by 100 feet. The structure is a two-story masonry building, offering versatile commercial possibilities. The ground floor currently features an open bar layout, complete with a fully equipped kitchen and a dedicated brewing area in the rear. This provides an excellent foundation for a thriving hospitality business or a similar venture requiring ample space and existing infrastructure. Upstairs, the second floor offers a large, open area perfect for events, equipped with a stage for larger gatherings. Recent renovations include brand new windows throughout the second floor, along with significant electrical system upgrades, ensuring modern functionality and efficiency. The property's prime location in downtown Meadville offers excellent visibility and accessibility, with the added benefit of being just minutes away from Interstate 79, providing convenient access to regional transportation networks. This property is ready for immediate occupancy and presents a rare chance to acquire a well-maintained, versatile commercial space in a desirable location. The asking price is $179,900.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.