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Two-Story Office Building with Apartments
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307 Walnut St, Meadville, PA 16335

Two-story building with a long-term law firm on the main level and four apartments on the second level.

Property Size5,092 SF
Price / SF$48.90
Days on Market928

Property Features for 307 Walnut St

General Information

Standard status Active
Size 5,092 SF
Property subtype OFFICE

Additional Details

Office Units 1

Building Details

Buildings 1
Stories 2
Tenancy Multi
Listing Agency: ERA Richmond Real Estate Service
Listed By: ERA Richmond Real Estate Service · License #RB065248
Source: Moodyscre
Added: Jan 16, 2024 Changed: Jul 30 Last Checked: Jul 31 at 6:29AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ERA Richmond Real Estate Service

Investment Insights

Based on property information with market context.

Two-story office building featuring a long-term established law firm on the main floor and four apartments on the second floor. The second-floor unit mix includes a studio apartment, a one-bedroom apartment, a two-bedroom apartment, and a three-bedroom apartment that was completely gutted and rebuilt. Total building area is 5,092 square feet. A new metal roof was installed in 2025.

The property is located near the Meadville Public Library and close to the Crawford County Courthouse and Diamond Park, and it borders Mill Run.

This configuration supports an owner with both office space and residential units within a single two-story structure, with the renovation history noted for the three-bedroom apartment and recent roofing replacement in 2025.

Key Highlights

  • 5,092 square feet two‑story office building with residential units
  • Law firm occupies the main floor, four apartments on the second floor
  • Studio, one‑bedroom, two‑bedroom, and three‑bedroom apartments

Property Analytics

Current Use

Office buildings

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,477
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
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Frequently Asked Questions

What type of property is this?
Office building - Two-story building with a long-term law firm on the main level and four apartments on the second level.
Where is this office building located?
The property is located at 307 Walnut St Meadville, PA.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: 5,092 square feet two‑story office building with residential units; Law firm occupies the main floor, four apartments on the second floor; Studio, one‑bedroom, two‑bedroom, and three‑bedroom apartments
(814) 337-6000 Call to check price and availability
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