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

307 & 311 WALNUT Street, Meadville, PA 16335

MULTI_FAMILY - Other - Meadville, PA

Property Size5,092 SF
Lot Size0.17 Acres
Days on Market498

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 Bedroom 5, Bedroom 3, Bathroom 7, Bathroom 3, Bedroom 7, Bedroom 2, Bathroom 4, Bathroom 6, Bedroom 4, Bedroom 1, Bedroom 6, Bathroom 1, Bathroom 2, Bathroom 5
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 Forced Air, Natural Gas
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 14 Last Checked: Aug 17 at 7:06PM
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 building contains a law office across the first floor and four apartments above. The residential layout includes three-, two-, and one-bedroom units, plus a one-bedroom studio. The two-bedroom apartment was rebuilt after a fire around 2008, while the three-bedroom unit received a full renovation in 2017. A new metal roof has been installed, and the property is served by forced-air natural gas heat, central air, public water, and public sewer.

The 0.17-acre parcel is positioned west of the Meadville Library parking lot with a view toward the courthouse on the diamond. Mill Run borders the rear of the lot. The property is zoned MU-3 and includes approximately 2,546 square feet of first-floor office space.

Key Highlights

  • 5,092 SF mixed‑use building on a 0.17‑acre parcel
  • First floor contains approximately 2,546 SF of law office space
  • Four second‑floor 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
100%
Occupancy
Single-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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-level commercial property combining an established law practice with four residential units and MU-3 zoning.
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 SF mixed‑use building on a 0.17‑acre parcel; First floor contains approximately 2,546 SF of law office space; Four second‑floor apartments: 3‑bedroom, 2‑bedroom, 1‑bedroom, and 1‑bedroom studio
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message