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Brick Mixed-Use Income Property

365 E MAIN Street Landisville, PA 17538

365 E MAIN Street, Landisville, PA, 17538
$425,000
For Sale
$425,000

MULTI_FAMILY - Colonial - LANDISVILLE, PA

Property Size2,900 SF
Lot Size0.25 Acres
Price / SF$146.55
Days on Market13

Property Features for 365 E MAIN Street

General Information

Property type
Residential Multi Family
Property subtype
Triplex
Rooms
Basement
Parking
13
Parking features
Garage - Detached, Parking Lot
Interior features
Additional Stairway, Attic, Bathroom - Tub Shower, Built-Ins, Carpet, Curved Staircase, Kitchen - Table Space, Store/Office
Standard status
Active
Size
2,900 SF
Lot size
0.25 Acres

Taxes and HOA fees

Tax Annual Amount
6128

Utilities

Heating system
Baseboard, Hot Water(Heating)
Cooling system
Window Unit(s)

Building Details

Year built
1864
Number of units
3
Building materials
Brick, Masonry, Aluminum Siding
Architectural style
Colonial
Listing agency Keller Williams Elite
Listed by Jamie S Clinton · License #RS284158
Added: Jul 10 Updated: Jul 22 at 2:19PM Checked: Jul 22 at 4:06PM
MLS# PALA2090802

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This brick Colonial built in 1864 offers a mixed-use income configuration with first-floor commercial space, two residential rental units, and improved commercial space in the lower level. The residential units include one 1-bedroom unit and one 2-bedroom unit. The property also includes a wraparound porch, paved parking, and a detached 3-car garage at the rear.

Set on a corner lot at 365 E Main Street in Landisville, the home is described as having Village Zoning. Recent updates include replacement of asphalt and flat portions of the roof in 2026 and a boiler system replacement dated 12/2025.

With commercial space on both the first floor and lower level, along with the two rental units upstairs, the property supports a combined live-and-work style income approach in one building.

Key Highlights

  • Brick Colonial built in 1864 with village zoning and a corner lot on Main St in Landisville
  • Mixed‑use layout with first‑floor commercial space plus two residential rental units (1BR and 2BR)
  • Lower‑level includes improved commercial space, with basement and additional store/office interior features

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $52.2k $18.00
− Vacancy −$3.4k −$1.19
EGI $48.8k $16.81
− OpEx −$14.6k −$5.04
NOI $34.1k $11.77
2,900 SF · lease $18.00/SF/yr · vacancy 6.60% · expense 30.00%

Alternative Uses

Best Use
Retail
$487.5K
$426.6K – $568.8K (±1% cap)
NOI $34,128 @ 7.0% cap · market cap 8.03%
Second Best
Multifamily LT 5
$462.8K
$404.9K – $539.9K (±1% cap)
NOI $32,393 @ 7.0% cap · market cap 7.62%
Theoretical Best
Office A
$971.8K
$850.3K – $1.13M (±1% cap)
NOI $68,026 @ 7.0% cap · market cap 16.01%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Mane Street Hair ... Hair Salon

Suggested Use

Law Firm Real Estate Agency Restaurant Building Supply Dental Office Hair Salon Spa & Massage Center Parking Lot & Garage Skin Care Clinic Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Brick colonial on a corner lot features first-floor commercial space plus two residential rental units and a lower-level commercial area.
Where is this triplex located?
The property is located at 365 E MAIN Street Landisville, PA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Brick Colonial built in 1864 with village zoning and a corner lot on Main St in Landisville; Mixed‑use layout with first‑floor commercial space plus two residential rental units (1BR and 2BR); Lower‑level includes improved commercial space, with basement and additional store/office interior features
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