Brewery and Event
New
For Sale
$3,950,000
301-309 W 3rd Street, Williamsport, PA 17701
Commercial Sale, Williamsport, PA
Property Size26,000 SF
Lot Size0.24 Acres
Price / SF$151.92
Days on Market5
Property Features for 301-309 W 3rd Street
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
12
Half bathrooms
12
Rooms
Bathroom 1, Bathroom 5, Bathroom 4, Bathroom 2, Bathroom 7, Bathroom 6, Bathroom 8, Bathroom 3, Bathroom 10, Bathroom 11, Bathroom 9, Bathroom 12
Elementary school district
Williamsport
Middle school district
Williamsport
High school district
Williamsport
Subdivision
Lycoming
Standard status
Active
Size
26,000 SF
Lot size
0.24 Acres
Building Details
Year built
1913
Listing Agency:
Fish Real Estate
(570) 326-1561
Listed By:
Brent Fish · License #RM420632
(570) 893-4220
Added: Oct 12
Changed: Oct 15
Last Checked: Oct 16 at 7:06AM
MLS# 31728421
Copyright © 2026 Northern Mountains of Pennsylvania MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
The 26,000-square-foot property at 301–309 W. 3rd Street occupies the 1913 Thrall Building on a 0.24-acre site. Its four elevator-served floors and renovated basement accommodate a 15 BBL brewhouse, fermenters, brite tanks, a canning line, a commercial kitchen, two bars, pub dining and event areas. Brewing, kitchen and bar equipment are included. Renovation work was completed in 2024.
The building stands at the corner of W. Third and Hepburn Streets in downtown Williamsport, with approximately 19 on-site parking spaces and a public lot across the street. I-180 is nearby. City-approved plans for a rooftop bar convey, and structural steel for the proposed installation is already in place.
The building stands at the corner of W. Third and Hepburn Streets in downtown Williamsport, with approximately 19 on-site parking spaces and a public lot across the street. I-180 is nearby. City-approved plans for a rooftop bar convey, and structural steel for the proposed installation is already in place.
Key Highlights
- 26,000‑square‑foot building on 0.24 acres, constructed in 1913
- Renovated in 2024; four elevator‑served floors and a renovated basement
- 15 BBL brewhouse with fermenters, brite tanks and a canning line
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$335,205
Cap Rate
8.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,704,100
$6.7M
Cap Rate 7%
$4,788,643
$4.8M
Cap Rate 9%
$3,724,500
$3.7M
Market Conditions
NOI Build-Up for 26,000 SF
Gross rent
$468.0K $18.00/SF
− Vacancy
−$21.1K −$0.81/SF
EGI
$446.9K $17.19/SF
− OpEx
−$111.7K −$4.30/SF
NOI
$335.2K $12.89/SF
Area
Lycoming County, PA
Vacancy
4.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,704,100
Cap Rate 7%
$4,788,643
Cap Rate 9%
$3,724,500
Alternative Uses
Best Use
Specialty Retail
$4.79M
$4.19M – $5.59M
NOI $335,205 @ 7.0% cap · market cap 8.49%
Second Best
Mixed Use
$3.76M
$3.29M – $4.39M
NOI $263,250 @ 7.0% cap · market cap 6.66%
Theoretical Best
Office A
$5.60M
$4.90M – $6.54M
NOI $392,221 @ 7.0% cap · market cap 9.93%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,674
Businesses Nearby
Explore this area
Business Placement
Demographics for 17701, PA
43,197
Population
20,891
Households
2.1
Avg Household Size
38
Median Age
28%
College-Educated
91%
High-School Grad
98.0 sq mi
ZIP Area
441
Density / Sq Mi
$52,770
Median Household Income
$33,643
Median Earnings
$869
Median Rent
$176,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Brewery - Renovated in 2024, the property combines brewing, food service, bar and multi-floor gathering facilities.
Where is this brewery located?
The property is located at 301-309 W 3rd Street Williamsport, PA.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: 26,000‑square‑foot building on 0.24 acres, constructed in 1913; Renovated in 2024; four elevator‑served floors and a renovated basement; 15 BBL brewhouse with fermenters, brite tanks and a canning line
