For Sale
$285,000

6 Market StLewistown, PA 17044

Mixed-use building, high rental income potential

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional mixed-use property in Lewistown, Pennsylvania, presents a unique investment opportunity. Located at 6 W Market St, this two-story, 1920-built building sits on a 0.08-acre lot and is zoned for mixed use. The property includes the well-established Laskaris Restaurant, a local landmark operating for over a century. In addition to the restaurant, the building offers substantial rental income from three apartments: one two-bedroom unit renting for $500 per month, and two one-bedroom units renting for $500 and $600 per month, respectively. A separate storefront also generates $800 in monthly rental income. Financial details for the restaurant are available upon request for qualified investors. The restaurant currently operates from 8:00 am to 2:00 pm, offering significant potential for increased revenue through extended hours and the addition of catering services. This property offers a blend of established business and strong rental income streams, making it an attractive investment for owner-users seeking a combination of business ownership and passive income. The asking price for this historic property is $285,000.

Highlights

  • Exceptional mixed-use investment opportunity in Lewistown, PA.
  • Two-story, 1920-built building on a 0.08-acre lot, zoned mixed-use.
  • Includes the established Laskaris Restaurant and three apartments generating $1,600 monthly rental income, plus an additional storefront generating $800 monthly.
  • Asking price: $285,000.

Property Details for 6 Market St

Property type
Mixed-use properties
Year Built
1920
Stories
2
Lot Size (sq. ft)
3,485 SF

Location Insight

City
Lewistown
County
Mifflin
State
Pennsylvania
Latitude
40.597153496535
Longitude
-77.574617778924
6 Market St, Lewistown, Pennsylvania

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
6 Market St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message