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239 Market St
Lewisburg, PA 17837
Retail Property For Sale
Investment Highlights
- The Subject property sits on Market St at the center of downtown Lewisburg, only half a mile from Bucknell Hall.
- The street layout is rooted in 1785 design by Ludwig Derr, reflecting influences from Philadelphia’s urban planning.
- METICULOUSLY MAINTAINED: Current Tenant & landlord made substantial investments into interior remodel.
- Bucknell Small Business Development Center (SBDC)– A resource hub for entrepreneurs & small businesses, supporting local commercial growth.
Executive Summary
Opportunity to own key downtown Lewisburg asset close to Bucknell University. Tenant has expressed interest in early lease renewal. This is a great downtown investment property. Tenant has many Bucknell alumni supporters. High-Demand Market: Located near Bucknell University in Lewisburg’s core commercial zone. Irreplaceable early 20th century construction.
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
8,791 SF
Building Class
C
Year Built
1915
Price
$1,400,000
Price Per SF
$159.25
Cap Rate
5.94%
NOI
$83,201
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.19
Lot Size
0.17 AC
Zoning
D-C - Downtown Commercial
Parking
4 Spaces (1.63 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Security System
- Signalized Intersection
- Air Conditioning
Property Taxes
| Parcel Numbers | Improvements Assessment | $261,200 | |
| Land Assessment | $11,500 | Total Assessment | $272,700 |
Property Taxes
Parcel Numbers
Land Assessment
$11,500
Improvements Assessment
$261,200
Total Assessment
$272,700
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