Updated 5+ Days Ago
Location
245 Chestnut St, Meadville, PA 16335, USA
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Property Overview
Eldred Building earns a solid overall rating, with especially strong marks for amenities, location, and trustworthiness, along with standout value per square foot. It offers private rooms and is noted for a lively, walkable neighborhood with diverse age groups and nearby event hubs, making it appealing for renters seeking convenience and social energy.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- Eco-friendly trash disposal
Great for
Social life
Floor plans
| 0BR/2.0BA | Studio | 2 bath | 2,392 sqft | $1,900 /mo | 1 unit available | # Prime Downtown Commercial Space for Lease – 245 Chestnut Street, Meadville, PA **Approximately 2,392 Sq. Ft. | Prime Storefront Location | Flexible Retail & Commercial Space** **Bring your business vision to life in the heart of downtown Meadville!** Located at **245 Chestnut Street**, this spacious and versatile commercial property offers an excellent opportunity for entrepreneurs, retailers, and established businesses looking for a prominent downtown location. With approximately **2,392 square feet**, this property features a large, open-concept main floor, an attractive storefront with expansive display windows, high ceilings, and a welcoming entrance that creates a great first impression for customers. Whether you're envisioning a trendy clothing boutique, specialty retail shop, showroom, professional office, or service-oriented business, this adaptable space provides the flexibility to make it your own. ### Property Highlights - **Approximately 2,392 Sq. Ft.** of commercial space - **Prime Downtown Meadville Location** on Chestnut Street - **Large Open Retail Floor** – ideal for merchandise displays, clothing racks, shelving, or customer seating - **Beautiful Storefront Windows** – excellent for showcasing products and attracting attention - **High Ceilings & Architectural Details** – create an open, inviting atmosphere with unique character - **Private Rooms** – ideal for offices, consultation rooms, storage, or fitting rooms - **Kitchenette Area** – convenient sink, countertop, and cabinetry - **Two Restrooms** – with accessible design features - **Carpeted Main Floor** – spacious layout ready for your business concept - **Flexible Floor Plan** – adaptable to a variety of commercial uses ### Perfect For Clothing boutiques, shoe stores, gift shops, specialty retail, beauty and wellness businesses, professional offices, showrooms, creative studios, and other customer-focused businesses. ### Make Downtown Meadville Your Next Business Address! Position your business in an established downtown commercial district surrounded by local shops, restaurants, and other businesses. This property offers the space, character, and storefront presence to help bring your business ideas to life. **Don't miss this opportunity to establish or expand your business at 245 Chestnut Street!** **Schedule Your Private Tour Today!** **Zehr Properties LLC** Phone: **814-382-0161** Website: **ZehrProperties.com** *Your next business opportunity starts here!* *All proposed uses and alterations are subject to applicable zoning, permits, and landlord approval. Square footage is approximate.* |
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Policies and fees
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One-time.
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REQUIRED FEES
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One-time. Refundable.
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Building details
Property details
| Units | 5 |
|---|
About Eldred Building
# Prime Downtown Commercial Space for Lease – 245 Chestnut Street, Meadville, PA **Approximately 2,392 Sq. Ft. | Prime Storefront Location | Flexible Retail & Commercial Space** **Bring your business vision to life in the heart of downtown Meadville!** Located at **245 Chestnut Street**, this spacious and versatile commercial property offers an excellent opportunity for entrepreneurs, retailers, and established businesses looking for a prominent downtown location. With approximately **2,392 square feet**, this property features a large, open-concept main floor, an attractive storefront with expansive display windows, high ceilings, and a welcoming entrance that creates a great first impression for customers. Whether you're envisioning a trendy clothing boutique, specialty retail shop, showroom, professional office, or service-oriented business, this adaptable space provides the flexibility to make it your own. ### Property Highlights - **Approximately 2,392 Sq. Ft.** of commercial space - **Prime Downtown Meadville Location** on Chestnut Street - **Large Open Retail Floor** – ideal for merchandise displays, clothing racks, shelving, or customer seating - **Beautiful Storefront Windows** – excellent for showcasing products and attracting attention - **High Ceilings & Architectural Details** – create an open, inviting atmosphere with unique character - **Private Rooms** – ideal for offices, consultation rooms, storage, or fitting rooms - **Kitchenette Area** – convenient sink, countertop, and cabinetry - **Two Restrooms** – with accessible design features - **Carpeted Main Floor** – spacious layout ready for your business concept - **Flexible Floor Plan** – adaptable to a variety of commercial uses ### Perfect For Clothing boutiques, shoe stores, gift shops, specialty retail, beauty and wellness businesses, professional offices, showrooms, creative studios, and other customer-focused businesses. ### Make Downtown Meadville Your Next Business Address! Position your business in an established downtown commercial district surrounded by local shops, restaurants, and other businesses. This property offers the space, character, and storefront presence to help bring your business ideas to life. **Don't miss this opportunity to establish or expand your business at 245 Chestnut Street!** **Schedule Your Private Tour Today!** **Zehr Properties LLC** Phone: **814-382-0161** Website: **ZehrProperties.com** *Your next business opportunity starts here!* *All proposed uses and alterations are subject to applicable zoning, permits, and landlord approval. Square footage is approximate.*
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
7.1
/10
Very GoodEldred Building is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities will find this property to be a solid option for their next home. It may not stand out for Price, but it offers a satisfying, above-average quality of life.
Price·5A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Monthly rent at Eldred Building is significantly more expensive than other properties in local neighborhoods. Because of the risk associated with the significant cost difference, this building received a 5/10. Some might think the increased cost is justified by the amenities, but it's worth taking a thorough look for yourself and deciding if any premium benefits are worth the extra expense.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Eldred Building goes above and beyond to provide sought-after conveniences and desirable perks, including building or unit level amenities. Renters looking for popular or luxurious features will find them here—and for that reason, Eldred Building receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Eldred Building is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Eldred Building does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
Eldred Building is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How Eldred Building compares to other nearby properties.
Positives
- More space
- Studio is 1208 sqft larger than other listings nearby
- Eco-friendly trash disposal
- This property has recycling pickup
Considerations
- Distance from grocery stores
- The nearest grocery store is 4.6 miles away
- Priced higher than average
- Studio unit is $1100 more than the median rent in this area
- Lacks images
- Fewer than 5 photos available for this property
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Rent trends in Meadville
studio apartments at Eldred Building cost about 138% more than the average rent price for studio apartments in Meadville.
Median rents as of Oct 31 2026.
Meadville
| Month | Median Rent |
|---|---|
| February 2026 | $725 |
| March 2026 | $741 |
| April 2026 | $750 |
| May 2026 | $750 |
| June 2026 | $750 |
| July 2026 | $750 |
| August 2026 | $750 |
| September 2026 | $750 |
| October 2026 | $765 |
Affordability calculator
Can I afford to live at 245 Chestnut St?
Bedrooms
StudioRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$76,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $76,000 annually to afford this studio monthly rent price of $1,900.
For more information on rent affordability, visit our rent calculator.
Schools near Eldred Building
Second District Elementary School
1216 s main st
meadville, PA, 16335
K-6Public
C
Getting around Meadville near 245 Chestnut St
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
9/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.
Points of interest for 245 Chestnut St, Meadville
Groceries
9/10
At least one grocery store within a few minutes' walk
Shopping
4/10
Some shops within walking distance
Cafes
6/10
Some cafés within walking distance
Restaurants
6/10
Some restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
5/10
At least one high school within a 30-minute walk
Nightlife
7/10
Variety of bars within walking distance
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