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About the Listing REMAXCR1 - 3347331,3346712
Prime Mixed-Use Investment Opportunity in the Heart of Downtown Lewisburg Located on one of downtown Lewisburg's most desirable retail blocks, just steps from Bucknell University, this exceptional mixed-use property offers immediate, reliable income with outstanding flexibility for investors and owner-occupants alike. Current residential lease provides guaranteed rental income through May 2028, while the commercial space offers the option of immediate occupancy or a seller leaseback at $1,800/month for 6–9 months, creating additional cash flow from day one. The upper-level Bucknell-approved 3-bedroom, 2-bath apartment is currently leased for $2,800/month through May 2027, increasing to $2,900/month through May 2028, providing stable, long-term rental income. The main-level commercial space is currently owner-occupied as a bar and private event venue. At closing, the seller offers the buyer two valuable options: take possession with the commercial space vacant for your own business or tenant, or have the seller lease the space back for 6–9 months at $1,800/month, allowing additional income while providing flexibility to transition the space on your timeline. The property also includes a detached garage with partially finished space above, offering flexibility for storage, office use, guest accommodations, or future expansion. In total, the property offers 4 bedrooms, 3 full bathrooms, and 2 half bathrooms. Free municipal parking is conveniently located directly behind the building, providing a valuable amenity for both commercial customers and residential tenants. Situated in the heart of downtown Lewisburg, this property enjoys exceptional visibility, strong pedestrian traffic, and easy access to Bucknell University, restaurants, shopping, entertainment, and the Susquehanna River. Whether you're an investor seeking dependable cash flow, an entrepreneur looking for a premier downtown location, or an owner-occupant who wants rental income to offset ownership costs, this property offers a rare combination of stable income, flexibility, and long-term appreciation potential. Income and expense information are available upon request. Property age and square footage are approximate. Buyer to verify. Owner financing available.
Listing Highlights
Status
Active
Days on Site
8
Property Type
Townhome
MLS ®
PAUN2000850
Year Built
1900
Total Square Footage
4,408
Lot/Acreage
0.06
Interior Details
- Bedrooms: 4
- Bathrooms: 3 Full
- Appliances: Dryer - Electric, Freezer, Oven/Range - Electric, Refrigerator, Washer, Water Heater
- Air Cond: Window Unit(s)
- Heating: Baseboard - Electric,Baseboard - Hot Water
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 4408
- Below Ground Sq Ft: n/a
- Basement: Interior Access,Partial
- Other:
- Water: Public
Exterior Details
- Lot Description: Rear Yard,Not New Construction,Horse Property: No
- Garage Capacity: 1 car
- Parking Spaces: 2
- Zoning: D-C
- Roof: Metal,Rubber
- Others:
- Sewer: Public Sewer
- Parking Features: Additional Storage Area,Detached Garage,Off Street,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $4,737
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
606 Market St Lewisburg, PA 17837
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