Move your business to a thriving downtown College town and let your renters pay your mortgage

This building is almost 5,000 sq. feet with four separate utility zones. It is a prime location in downtown Lewisburg, Pa on the only corner in town with the original 4 historic buildings. It’s located across the street from the Lewisburg Hotel, within one block of the courthouse and two blocks from Bucknell University. The upstairs has two large apartments with a 23-year history of being almost 100% rented. The current yearly income from the upstairs units is $26,400.

Downstairs has two units. Both units are zoned commercial.  But 133 Market St. which is the east unit is currently rented as residential. The building was updated for natural gas heat in 2013. The average winter heat bill for each unit is a little over $200 per month.

Property Type Multi-Unit, Mixed Use
County Union
Lot Size .11 Acres
Year Built 1828
Taxes $8,600
Zoning Residential/Commercial

 

Amenities

Private Courtyard 2 Electric Cook Stoves & Oven, 1 Gas Cook Stove & Oven
3 Dishwashers 3 Clothes Washers and 3 Clothes Dryers
Outdoor Balcony  At 135 Market St.
Hardwood floors throughout all the apartments and laminate flooring in the office.
Walk to All Services
High Profile Location
Central Air in 139 Market St.
Window Air Unit Available For each Residential Unit
Large Attic (Can Be Made Into 5th Apartment)
Full Unfinished Basement

 

Rental History

1997-2013
Fully Rented
2013-2016 75% Rented
2016 – September 2021
.Fully Rented
Gross Income 2020 $54,000

 

Parking

On Street

 

Utilities

Heat Type
Hot Water Natural Gas
Average Heating Cost
About $200 Per Month Per Unit, Winter Average in 2019
Water
$124.30 Per Month average
Trash Pickup $43.87 Monthly Average
Sewer $96 Per Month

 

Roof Condition

The rear roof was installed shortly after we purchased the building in 1997.  It is a rubber roof.  This rubber roof was refurbished in May, 2023. The roof on the front of the building was replaced around 2,000 with shingles. Overall the roof is in good condition and has no issues.

Roof On Rear Section Installed In 1997 Rubber
Roof On Front Section Installed 2000 Shingle

Current Tenants

139 Market Street
Vacant as of September 2021. Former tenant was a financial adviser. Moved to purchase their own property.
133 Market Street
Residence – English Professor at Bucknell University (1year Lease)
135 Market Street
Residence – Assistant Football Coach at Bucknell University (1year Lease)
137 Market Street Residence – Regional Director Girl Scouts of America (1year Lease)

 

Current Rents

133 Market Street
$1,375
135 Market Street
$1500
137 Market Street
$1,350
139 Market Street $0.00

 

Unit Descriptions

133 Market St. (Ground Floor) Currently Residential.  Could Also Be Commercial. 
Three Bedrooms, Kitchen, Living Room, Full Bath, Sun Room – Appliances Include Micro Wave, Dishwasher, Gas Stove and Oven, Washer & Dryer, Window Air Conditioner
135 Market St. (2nd Floor) Residential
Three Bedrooms, Kitchen, Living Room Full Bath, Balcoiny. – Appliances Include Micro Wave, Dishwasher, Electric Stove and Oven, Washer & Dryer, Window Air Conditioner
137 Market Street (2nd Floor) Residential
Two Bedrooms, Kitchen, Living Room, Full Bath. – Appliances Include Micro Wave, Dishwasher, Gas Stove and Oven, Washer & Dryer, Window Air Conditioner
139 Market St. (Ground Floor) Commercial Reception Lobby, Two Offices, Two Half Baths, Central Air Conditioning

 

Historic Information

The intersection of Market Street and Second Streets is historic because it is the only intersection in Lewisburg that still have the four original buildings standing.  In addition, the building has a lot of history of its own. It was the location of the first National Bank of Lewisburg (picture on right is when it was a bank circa 1900), the first telephone company and the first newspaper, the Lewisburg Journal.

Below is a time line of the building ownership.

 

August 8, 1772
Deeded from the Commonwealth Of Pennsylvania Book AA, Volume 13, Page 265 as a tract of land called Prescott.
July 11, 1773 The land was Indentured to Ludwig Derr who layed out the town of Lewisburg into 350 lots. This is documented in Philadelphia Book 22, Page 444.
September 27, 1785 The property was indentured by Charles William Lecke as documented in Northumberland County Book G, Page 127
March 25, 1794
The property was indentured by Jacob Zimmerman as documented in Northumberland County Book G, page 128.
August 4, 1795 The property was Indentured to John Metzger by Henry Vanderslice, Esq (High Sheriff of Northumberland County) as documented in Northumberland County Book H, Page 253.
June 6, 1803 Michael Smith acquired the property through a sherif sale as documented in Northumberland County Book M, Page 349.
December 2, 1803 The property was taken over by Jonas Metzger as documented in Northumberland County Book M, Page 350.
November 18, 1811 Indentured to William Wilson Jr. in trust for the children of John Metzger as documented in Northumberland County Book R, Page 272.
August 17, 1827 The property was indentured to William Wilson, and the children of John Metzger as documented in Union County Book F, Page 314 and Union County Book F, Page 312.
April 2, 1866 The property is indentured to John Blair & Mary w. Linn (authors of Annals of Buffalo Valley, PA) as documented in Union County Book S, Page 271.
February 19, 1887 Indentured to the Lewisburg National Bank (founded by William Cameron This is documented in Union County Book DD, Page 590.
May 2, 1927 The property was indentured to the Buffalo Valley Telephone Company as documented in Union County Book Book 56, Page 187.
April 1, 1929 The property was indentured to Charles R. Smith who operated Lewisburg’s first newspaper called the Lewisburg Journal out of this location. Deed is documented in Union County Book 57, Page 419.
October 29, 1963 The property was documented as indentured to Charles R. & Pearl C. Smith as documented by Union County Book 107, Page 575.
January 4, 1965 Indentured as (Part of Lot #31 from the general plan of Lewisburg) to the Buffalo Valley Telephone Company documented in Union County Book 109, Page 450.
September 29, 1997 Indentured (as Lot #1 – Map Book Volume 18 Page 38) by Mark W. & Mary Anne Fleisher documented in Union County Book 579, Page 79.

The Neighborhood

While living at what is now 137 Market Street William Cameron began building a house on the southwest corner of Market and Second Streets.  In that house William Cameron opened Lewisburg’s first bank. Mr. Cameron’s wife did not like the bank being located in their house.  So Mr. Cameron worked out a deal to lease the downstairs residence of the attorney from whom he had been renting and re-opened the bank at what is now 139 Market Street. 

William Cameron House

Across Second Street From 139 Market

Across the street at 136 Market Street is the Lewisburg Hotel. The hotel is the only one in Lewisburg to withstand the ravages of time and progress. Its plush carpeting, polished brass, and distinctive woods reflect the period in which a bawdy river town was being transformed into Victorian elegance. The present facility now combines a fascinating history with present day amenities and services. The Hotel is a popular place for fine dining and has a very popular bar.

The Lewisburg Hotel

Across the street from 139 Market

On the northwest corner of Market and Second is Brad Shumaker’s building.  This building had the longest continually operating pharmacy in the united states until about 1990 when it was purchased by award winning artist Brad Shoemaker.

Brad Shoemaker Building

Diagonally across from 139 Market Street

 

Next door to 133 – 139 Market Street is the Lewisburg Club.  In 1906 the Lewisburg Club was organized and recognized as the focal point for the three service clubs – Kiwanis, Lions and Rotary. On June 19, 1908 the Lewisburg Club was officially incorporated under the name of The Lewisburg Club, Inc. In 1911 where it became the home for the service clubs and community activities for the town. Today it is the location where the Kiwanis, Lions and Rotary clubs meet.

The Lewisburg Club

Next door to 139 Market Street