Two-Unit Mixed-Use
For Sale
$250,000
10 W Pomfret Street, Carlisle, PA 17013
Street-level restaurant space has outdoor seating, with a separately accessed apartment on the second floor.
Property Size1,792 SF
Days on Market10
Property Features for 10 W Pomfret Street
General Information
Standard status
Active
Size
1,792 SF
Property subtype
Multi-Family
Zoning
C-1
Additional Details
Floor
1
Patio
Yes
Taxes and HOA fees
Annual Taxes
$3,873
Amenities
Natural Gas
Yes
No
Estimated
No Pool
Public
371
0.04
On Street
Stone
12200.00
Building Details
Building Size
1,792 SF
Year Built
1925
Stories
2
Listing Agency:
Iron Valley Real Estate of Central PA
(717) 344-5950
Listed By:
Justin G. Hovetter · License #RM424629
(717) 713-3393
Source:
Jmdiamondrealty
Added: Oct 21
Changed: Oct 28
Last Checked: Oct 28 at 11:14AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Iron Valley Real Estate of Central PA
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Investment Insights
Based on property information with market context.
Built in 1925, this two-unit property pairs a ground-floor restaurant space with a residential apartment on the second level. The apartment has separate access, and the restaurant includes outdoor seating. The property is zoned C-1.
Located in Carlisle’s Historic District and Central Business District, the property is steps from Dickinson College, the Square, shops, restaurants, and community events.
Located in Carlisle’s Historic District and Central Business District, the property is steps from Dickinson College, the Square, shops, restaurants, and community events.
Key Highlights
- Two‑unit mixed‑use property with restaurant space and an apartment
- Ground‑floor restaurant space includes outdoor seating
- Second‑floor apartment has separate access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,483
Cap Rate
7.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$369,660
$369.7K
Cap Rate 7%
$264,043
$264.0K
Cap Rate 9%
$205,367
$205.4K
Market Conditions
NOI Build-Up for 1,792 SF
Gross rent
$25.8K $14.40/SF
− Vacancy
−$1.2K −$0.65/SF
EGI
$24.6K $13.75/SF
− OpEx
−$6.2K −$3.44/SF
NOI
$18.5K $10.31/SF
Area
Cumberland County, PA
Vacancy
4.50%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$369,660
Cap Rate 7%
$264,043
Cap Rate 9%
$205,367
Alternative Uses
Best Use
Specialty Retail
$264.0K
$231.0K – $308.1K
NOI $18,483 @ 7.0% cap · market cap 7.39%
Second Best
Mixed Use
$239.8K
$209.8K – $279.7K
NOI $16,783 @ 7.0% cap · market cap 6.71%
Theoretical Best
Office A
$416.3K
$364.2K – $485.7K
NOI $29,139 @ 7.0% cap · market cap 11.66%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,482
Businesses Nearby
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Business Placement
Demographics for 17013, PA
36,578
Population
16,065
Households
2.3
Avg Household Size
39
Median Age
34%
College-Educated
93%
High-School Grad
39.2 sq mi
ZIP Area
933
Density / Sq Mi
$68,150
Median Household Income
$36,336
Median Earnings
$1,018
Median Rent
$221,800
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Street-level restaurant space has outdoor seating, with a separately accessed apartment on the second floor.
Where is this mixed-use property located?
The property is located at 10 W Pomfret Street Carlisle, PA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two‑unit mixed‑use property with restaurant space and an apartment; Ground‑floor restaurant space includes outdoor seating; Second‑floor apartment has separate access
