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    215-217 Arch St Meadville, PA 16335

    • Commercial real estate
    For Sale
    View listing
    $179,900
    Value Estimation
    Last Sale
    Apr 24, 2020
    $90,000
    Location Intelligence
    Property ID
    US73-4739592
    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 215-217 Arch St

    Property type
    Commercial real estate
    APN
    23210
    APU
    23210

    Description

    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.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $85,000

    • CAP approach

      CAP return
      Estimation
      6%
      $70,000
      6.5%
      $60,000
      7%
      $70,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $65,000
      Geo Method
      $70,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $65,000
      Retail
      $60,000
      Mixed-Use
      $75,000
      Hospitality
      $80,000
      Educational
      $65,000
      Residential Income
      $70,000
      Energy
      $60,000
      Income-Based Land
      $75,000
      Food Service
      $60,000

    Location Insight

    • Map
    • Local Demand
    City
    Meadville
    County
    Crawford
    State
    Pennsylvania
    Longitude
    -80.1547
    Latitude
    41.6374
    CBSA code
    32740
    CBSA name
    MEADVILLE, 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
    $2,923
    $14,150
    $36,450
    $50,600
    -
    $18,900
    $48,600
    $67,500

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    215-217 Arch St
    Meadville, PA 16335
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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